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By Janet Levaux, AdvisorOne |
June 7, 2010
LPL Financial, which filed an S-1 statement with the SEC on June 4, to go public with a stock offering, had 11,950 affiliated representatives as of April 1, 2010, a self-reported number gathered as part of Investment Advisor's broker/dealer survey.
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By Janet Levaux, AdvisorOne |
June 7, 2010
With 12,026 advisors, LPL Financial is the fifth-largest U.S. broker-dealer. Its IPO and growth plans could allow it to surpass its larger publicly traded wirehouse rivals (Morgan Stanley, Merrill Lynch and Wells Fargo) within a year or two, experts say.
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By James J. Green, AdvisorOne |
March 1, 2010
The leadership of the Financial Services Institute (FSI) threw down the gauntlet in front of legislators and regulators at its OneVoice annual meeting in New...
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By James J. Green, AdvisorOne |
January 27, 2010
FSI lays out its agenda, starting with preservation of independent contractor status
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By Janet Levaux, AdvisorOne |
October 1, 2009
Investors Capital executives and advisors say they are well positioned for growth, the main theme of the broker-dealer's 13th annual convention held in Boston in...
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By Janet Levaux, AdvisorOne |
March 1, 2009
(San Antonio) Independent broker-dealers and advisors are determined to speak out in Washington, D.C., to ensure that expected regulatory changes in the financial industry don't...
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By Janet Levaux, AdvisorOne |
February 10, 2009
A conversation with Andy Effron, National Director, Recruiting, Investors Capital of Lynnfield, Mass.
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By Ellen Uzelac |
January 1, 2009
For years, Ted Charles was the face -- and outward personality -- of Investors Capital Holdings. No longer. In August, longtime heir apparent Tim Murphy, 44,...
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By John Sullivan, AdvisorOne |
June 1, 2007
Like many broker/dealers, Investors Capital Corp. is investing heavily in the packaged wealth management platform it offers reps. Unlike many broker/dealers, the Lynnfield, Mass.-based firm...
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By Janet Levaux, AdvisorOne |
February 20, 2007
The reception from existing brokers, new brokers and potential brokers has been "overwhelming," according to Tim Murphy, president of the BD. "We've hit the mark and are continuing to promote this pro