Headcount

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  LPL Beats Q4 Estimates, Outlines Outsourcing Plans

  By Janet Levaux, AdvisorOne  |  February 6, 2013

  LPL Financial said that it was planning to spend $70 million to $75 million through 2014 on outsourcing of back-office and other functions, information technology and related restructuring of its operations.

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  Raymond James’ Income Flat as Advisor Headcount Rises: Q3 Earnings

  By Janet Levaux, AdvisorOne  |  October 19, 2011

  Private-client sales for the past 12 months were nearly $2.2 billion, a 15% increase over the 2010 fiscal year.

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  Morgan Stanley Tops Estimates; Advisors Attract $15.5B of Inflows: Q3 Earnings

  By Janet Levaux, AdvisorOne  |  October 19, 2011

  Morgan Stanley said Tuesday that it had net income of $2.2 billion, or $1.14 per share, from continuing operations compared with income of $314 million, or $0.05 per share, for the same period a year ago, beating analysts’ estimates.

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  Breakaway Brokers: More Hype Than Truth, Says Expert

  By Janet Levaux, AdvisorOne  |  October 13, 2011

  Very few wirehouse advisors move to go independent each year, says Chip Roame of Tiburon Strategic Advisors at the group’s San Francisco conference.