LPL Financial has been recognized by Newsweek as a “Most Responsible Company” for 2023, the third time it has received that recognition.
Approximately 2,000 publicly traded companies were reviewed for the Newsweek ranking, and only those that had published a corporate sustainability report were considered, LPL said in a press release Wednesday.
An analysis of publicly available performance data in the environmental, social and corporate governance categories determined the winners. Responses to a survey of 11,000 U.S. citizens about their perceptions of the companies related to corporate social responsibility also played a role in producing the final ranking.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
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