So reports InvestmentNews.
In announcing the change, LPL said it will increase its errors and omission annual premium $250 to $3000. If you have a subscription to InvestmentNews you can read the full article here.
Estimated reading time: 0 minutes, 18 seconds
LPL Increases Errors and Omission Insurance Fees
LPL Financial is raising fees it charges 13,000 brokers. At the same time, it is eliminating certain incentives used by branch managers when recruiting reps with lower levels of production.
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