LPL Financial on Buyout Spree, to Acquire Investment Center

LPL Financial (LPLA) considers acquisitions a core part of its business expansion strategy. In sync with it, the company has signed a definitive agreement to acquire The Investment Center, Inc., a broker-dealer and registered investment adviser based in Bedminster, NJ. The acquisition will bring The Investment Center's 240 advisors and nearly $9 billion in assets under LPL Financial's umbrella, reinforcing its strategy of expanding its advisor network and enhancing offerings. The Investment Center's entrepr ...