LPL Financial

LPL Financial

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Business head: Matthew Enyedi

No. clients: 342

AUC: $105,000

Min. assets: None

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In the News

LPL losing tech guru Victor Fetter

June 22, 2017 - Victor Fetter, one of the executives at LPL Financial most responsible for the recent roll out of its new technology platform for advisers, ClientWorks, is leaving the firm. He is joining a technology company called Vertiv Inc.; it designs, builds and...

$470M retirement-focused RIA joins LPL

June 13, 2017 - A hybrid registered investment advisory shop overseeing roughly $470 million in qualified retirement plan assets has affiliated with LPL Financial as its broker-dealer. The firm, Black Box Pension Advocates, which is located in Solon, OH, was previously...

As DOL fiduciary rule takes effect, B-Ds focus on compliance

June 9, 2017 - After seven years of rule-making fraught with political intrigue, intense lobbying and an abundance of conjecture, the Labor Department's fiduciary rule is getting its day in the sun. Today marks the beginning of a phased implementation period for the...

LPL tweaks pricing of investment products in preparation for DOL fiduciary rule

June 1, 2017 - LPL Financial continues to revamp its pricing of investment products in preparation for the Department of Labor's fiduciary rule, informing advisers on a conference call on Thursday morning that, going forward, there would be level compensation on fixed...

How financial advisers can drive more value into their practices

May 25, 2017 - The increasing cost and complexity needed to operate as a financial adviser in today's environment is creating a market ripe for mergers and acquisitions. As costs are climbing and there are greater pressures on fees, margins are being compressed. Advisers...

RIAs and broker-dealers charge ahead in prep for DOL fiduciary rule

May 23, 2017 - Registered investment advisers and broker-dealers are taking the Department of Labor's decision to decline another round of delays for the fiduciary rule in stride. Indeed, it looks to be business as usual for registered investment advisers, although...

Retirement plan advisers turning to RIA aggregators to build practices

May 21, 2017 - Some retirement plan advisers are turning to so-called "RIA aggregators" that focus on the defined contribution market to help them build their practices, the primary allure being the scale and support afforded by a large, like-minded adviser network....

LPL leads a big quarter for broker-dealer moves

May 17, 2017 - Financial advisers continued to shuffle between broker-dealers during the first quarter, but the average size of the teams has crept higher, according to data compiled by InvestmentNews. LPL Financial and Raymond James Financial stood out as the biggest...

Broker-dealers try to hold the line on advisory and wrap account fees

May 16, 2017 - For over a year, CEOs of top broker-dealers have been peppered with questions by analysts who cover their companies about fees. Can firms sustain their current level of fees they charge clients in the new era of the fiduciary adviser? Will they be cut,...

Broker-dealers are seeing a cut in annual SIPC assessments; will advisers see the same?

May 16, 2017 - Broker-dealers, which loudly complain about increasing costs due to regulation such as the Department of Labor's fiduciary rule, are actually seeing one regulatory expense decrease this year: the annual assessment firms pay to the Securities Investor...

    Notes
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