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Stock Market & Financial Investment News

News Breaks
July 7, 2014
09:04 EDTLPLALPL Financial, Financial Telesis announce creation of Global Retirement Partners
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings, announced business agreements with Financial Telesis, or FTI, and former LPL Retirement Partners President Bill Chetney. Chetney, who recently resigned from LPL, will acquire certain assets of FTI and form a retirement plan advisory firm known as Global Retirement Partners where he will become CEO and partner with LPL's Hybrid RIA platform. FTI's founder and CEO, Jim Williams, will join Global Retirement Partners as President to help manage the day-to-day operations of the RIA and serve as manager of the newly-formed LPL large enterprise.
News For LPLA From The Last 14 Days
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March 31, 2015
06:16 EDTLPLACiti recommends long RCS Capital, short LPL Financial pair trade
Citigroup introduces a new pair trade recommendation of overweight RCS Capital (RCAP), underweight LPL Financial (LPLA). Citi sees higher regulatory risk around Department of Labor fiduciary rule changes and believes RCS offers upside in a rising interest environment. It points out LPL shares have outperformed RCS recently.

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