Help with CFP studying
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Hi all I am trying to study for the cfp exam. I have used the coll for fin plan material. Is there anything else that might be better? I do have a degree so I do not need the deadline push. Also I just left ed jones to go to uvest. Thanks,
Hey thanks for the responses so far. You Indyone you bring up a good point about LPL. Do you know of any changes that might happen? I am not sure but I thought LPL was for indys.
[quote=blue]Hey thanks for the responses so far. You Indyone you bring up a good point about LPL. Do you know of any changes that might happen? I am not sure but I thought LPL was for indys.[/quote]
The odds are HUGE that the banks who have been using UVEST will switch to somebody else that is seen as a specialist in servicing banks.
I suspect there is a war room being set up in St. Petersburgh and elsewhere.
Anytime there is acquistion type activity there is a lot of fallout.
[quote=blue]Hey thanks for the responses so far. You Indyone you bring up a good point about LPL. Do you know of any changes that might happen? I am not sure but I thought LPL was for indys.[/quote]
LPL does have a large indy channel, but they are also in banks. In fact, I was in an LPL bank back in the mid-90's, although I was not a bank broker at the time. I don't claim to have any real insight into what may happen, but I would expect that the technology platform would be very similar to what I have as an indy, and if so, I think you'll be blown away by it. Also, LPL is self-clearing, so I understand that is also a change for Uvest. Despite what my friend Nasty surmises, I think that LPL/Uvest will maintain a least the lion's share of what they have, as going elsewhere will result in at least as much disruption as any conversion will.
Point of fact is that LPL already has about 650 advisors in the bank channel BEFORE the UVest merger!