As advisors left banks and insurers during the financial crisis, LPL Financial benefited as new advisors flocked to the firm, bringing with them new assets and growth.

On Wednesday, LPL Investment Holdings Inc., parent of independent U.S. broker-dealer LPL Financial, reported a jump in second-quarter earnings as advisors continued to grow assets despite the challenging stock market and economic environment.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access