LPL Was Getting Bigger. Cetera And Raymond James Found Two Places To Recruit Against It.
Cetera recruited a $380M LPL team while Raymond James added $210M from Commonwealth, exposing two different pressures around LPL’s growth.
LPL Did Not Just Buy Assets. It Bought A Bank-Wealth Growth Engine.
LPL’s Financial Resources Group deal shows how giant OSJs, bank programs and branch offices became strategic acquisition targets.
LPL Is Buying Into Its Own Ecosystem. That Is The Real Story
LPL’s minority stake in Private Advisor Group shows how broker-dealers are using ownership, succession and RIA M&A to keep advisor assets close.
Perennial Taps Betty Chin As Advisor Recruiting Becomes A Growth Battleground
Perennial Financial Services named former Edward Jones recruiting leader Betty Chin chief growth officer as LPL OSJs compete for advisor growth.
Osaic’s Ameriprise Wins Show Why The OSJ Layer Matters
Osaic added $442M from two Ameriprise teams, showing how OSJ partners can help advisors pursue independence with local support.