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LPL Financial Acquires Minority Stake in Private Advisor Group
ZACKSยท 2025-11-20 20:16
Key Takeaways LPLA takes a minority stake in Private Advisor Group to solidify RIA relationships and expand advisor base.The deal enhances support in practice management, technology enablement and succession planning.The investment aims to drive higher advisor engagement & asset flows alongside long-term revenue visibility.LPL Financial (LPLA) has taken a minority ownership stake in Private Advisor Group, a leading financial services firm. This will further strengthen its registered investment adviser (RIA) ...