Article Originally Published Sept. 13, 2022 on www.Financial-Planning.com | Merrill Lynch loses $600M Broadway wealth team to LPL | Financial Planning (financial-planning.com)
Excerpt from original article posted on www.Financial-Planning.com:
Yet another wirehouse has lost talent to the industry's whale of independent broker-dealers.
Six financial advisors at Broadway Wealth Management, with around $600 million of assets under management, left Merrill Lynch and joined Linsco, LPL Financial's employee channel.
LPL, the largest IBD in the market with over $1 trillion of overseen assets, announced the move Thursday in a press release. The team's start date was Sep. 1, a spokesperson said in an email.
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