Updated Monday, July 28, 2014 as of 4:24 AM ET
- Independent BDs
Costs Squeeze LPL Profits as Recruiting Slowed
Financial Planning
Thursday, April 24, 2014

Higher-than-expected expenses depressed LPL Financial's first-quarter profits, while the defection of an affiliated bank took away 40 advisors -- but the company is anticipating strong growth for 2014.

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