The offering, which served many clients with less than $100,000 in investible assets, failed to reach growth expectations, says an LPL spokeswoman.
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LPL has dropped its NestWise offering that catered to smaller investors and has laid off 40 employees. So reports Financial Plannning.com.
The offering, which served many clients with less than $100,000 in investible assets, failed to reach growth expectations, says an LPL spokeswoman.