People's United Bank joins LPL platform

People's United Bank joins LPL platform
The bank was recently acquired by M&T, and its program will add 30 advisers and roughly $6 billion in assets.
APR 27, 2022

M&T Bank Corp., which recently acquired People’s United Bank, will transfer that bank’s retail brokerage and advisory business to LPL Financial’s institutional services platform, which M&T currently uses, in the second half of the year.

The program at People’s United consists of 30 advisers serving about $6 billion in assets.

M&T moved its retail brokerage and advisory business to LPL's platform last June.

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