LPL Financial Has $1 Billion In M&A Capital To Deploy In 2019
After the choppy acquisition of National Planning Holdings in 2017 and complaints from advisors about its technology last year, LPL Financial is rebounding and seemingly has cash to burn. The company currently has more than $1 billion in capital it can deploy for mergers and acquisitions, LPL CFO Matt Audette said during a presentation Tuesday at the Credit…
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