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The broker-dealer/RIA will be using AdvisoryWorld’s technology to improve the digital capabilities of its advisors.
LPL Financial LLC, the broker-dealer and retail investment advisor (RIA), is acquiring IT provider AdvisoryWorld for $28 million in an effort to speed up LPL’s push to offer capabilities that support the digital evolution of advisors and boost their efficiency. LPL officials say that the transaction closed on Dec. 3, 2018, and that the firm...
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