LPL, the nation’s largest independent broker-dealer and registered investment advisor, has tapped Goldman Sachs to help find a suitor.
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With advisors under growing pressure to lower fees while facing increased regulatory costs and the headwind of low interest rates, LPL Financial is reportedly looking for a strategic partner or buyers. So reports Reuters.
LPL, the nation’s largest independent broker-dealer and registered investment advisor, has tapped Goldman Sachs to help find a suitor.