LPL will launch third-party robo for advisors and eliminate some fees
Dan Arnold laid it on the line: LPL is being disrupted but taking the challenges head-on
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September 29, 2022 at 1:24 AM
How a white senior vice president at an LPL OSJ came to hire a former black minister as recruiter despite the latter's pledge to make it 'uncomfortable' at times
Rob Sandrew hit it off with Keith L. Frasier, willing to speak up on racial and racial justice issues, who also checks all the boxes for attracting talent and assets at a firm that recruited $2 billion last year
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His days of playing defense done, Jeff Concepcion pinches pennies then poaches a Fidelity and Schwab veteran to execute grab for next $6 billion of AUA at Stratos
Lou Camacho will pursue goal of $600 million a quarter in new assets on behalf of OSJ that wants much more inorganic growth
October 5, 2018 at 7:40 PM
LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold
Stephen Winks
Compensation is just the initial impact of brokers acting in the best interests of the investing public as required by statute when rendering advice. The more profound change to come is (1) b/ds acknowledging and assuming fiduciary liability as it requires (2) expert authenticated prudent investment process, (3) advanced technology and (3) a more modern less expensive approach to portfolio construction.
New market leadership will be established based on how well firms adhere to those three big innovations.
SCW
Stephen Winks
Mike Byrnes
Sanders, good article. Nice to meet you! — Mike Byrnes, President of Byrnes Consulting, LLC, www.byrnesconsulting.com
PS Get a Twitter account!
