LPL Financial has launched what it calls its Assurance Plan to protect the value of an adviser’s business in the event of the adviser’s death, permanent disability or other unplanned exit from the business.
In the case of such an event, LPL said its plan will provide a guaranteed, predetermined minimum purchase price based on a multiple of the adviser’s recurring revenue.
LPL said it also will facilitate the sale of the adviser’s business to another qualified LPL adviser, commission-free, which can provide additional proceeds above the guaranteed amount to the adviser or his or her family.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
