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LPL nabs $900 million hybrid team from Cambridge

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The 10-year-old Rosemont Financial Group based in Albany, New York has 11 financial advisers

Rosemont Financial Group, an Albany, New York hybrid managing $900 million, has switched its broker-dealer affiliation from Cambridge Investment Research Advisors to LPL Financial. Rosemont also will use LPL’s corporate RIA and LPL as its custodian.

Rosemont was created in 2010 and now consists of 11 financial advisers.

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