President-elect's soft stance on regulation seen as a plus for LPL, Raymond James, Bank of America Merrill Lynch, Morgan Stanley and others.
Firm executives would not comment during its earnings call on a report that emerged last month that it was exploring a sale.
Ruling could have implications for other advisers in independent broker-dealer channel.
Investment bank called in to evaluate what LPL considered a low-ball offer, sources said. (Related read: <a href=""" target="”blank"" rel="noopener noreferrer">LPL Financial's problems keep piling up</a>)
Wirehouse says Sandy Galuppo, who reportedly had $1.4 billion in client assets, had lost management's confidence.
Fair compensation for women in the financial services industry remains a sore point.
Executive has been listening to advisers' worries for months, and finds serious confusion remains about responsibilities under the new regulation.
SEC makes preliminary determination for a possible enforcement action against UDF IV as Nasdaq moves to delist the REIT's shares.
Regulator said reps were incentivized to sell firm's annuities and discouraged from selling non-proprietary products.
Adviser loaded up client with alts beyond what his risk profile indicated, according to state agency.
