LPLA

LPL Financial announced that the Apex Private Wealth Advisors team, led by Brett Howard, Marco Rivera, Brooks Crissey, Henry DesJardins, and Ryan Mason, has joined its broker-dealer, RIA, and custodial platforms. The team, which previously worked at Ameriprise Financial, manages approximately $650 m...

LPL Financial announced that private client advisor John Duane and portfolio manager Gregory Giantsos have joined LPL Financial's high-net-worth-focused employee affiliation model, LPL Private Wealth Management, to launch BrookBridge Private Wealth based in Long Island, New York. The team reported h...

The August private payrolls report and the Fed's Beige Book suggest a 0.5% interest rate cut by the Federal Reserve is likely at their next meeting, as the economy has slowed and the labor market is softening.

LPL Financial has entered into a definitive agreement to acquire The Investment Center, Inc., a broker-dealer and registered investment adviser based in New Jersey. The acquisition is expected to enhance LPL's ability to support its advisors with more robust resources and solutions.

Inflation data for July 2024 shows prices are moderating, with the Personal Consumption Expenditures (PCE) Price Index rising 2.5% year-over-year, in line with expectations. Economists view this as a positive sign, indicating that inflation is becoming 'boring again' and the economy remains resilien...