News Roundup

News Roundup (677)

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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Schwab Rolls Out Succession Planning Finance Program

A new Charles Schwab program is providing financing for junior partners seeking to purchase equity in their employers.

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300 Military Vets Join Edward Jones in 2012

This year’s new recruits for Edward Jones’ 12,000 strong advisory force include 300 military veterans, according to Financial Advisor Magazine.

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Edelman Financial Services Shopping for $1B Advisor

Edelman Financial ServicesEdelman Financial Services plans to acquire an advisor with at least $1 billion in assets under management, according to InvestmentAdvisorOne.

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