Private Advisor Group of Morristown, NJ – Launches it’s Own Broker Dealer
INVESTMENT NEWS | MAY 17 2021 | Bruce Kelly
Private Advisor Group has taken the unusual step of launching its own broker-dealer with the intention of putting it in better position to grab referrals.
He writes: LPL Financial’s largest branch office, Private Advisor Group of Morristown, New Jersey, has taken the unusual step of launching its own broker-dealer; the intention is to put the $29.6 billion RIA in a better position to grab referrals of advisers from custodians who work with registered investment advisers reluctant to be affiliated with LPL. Read Article