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LPL Financial Holdings Inc. (commonly referred to as LPL Financial) was founded in 1989 [2] and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, [3] over US$1 trillion in advisory and brokerage assets, [4] and generated approximately $5.9 billion in annual revenue for the 2020 fiscal year.
In 2021, the company was purchased by Macquaire Asset Management, a division of Macquarie Group, [7] becoming a wholly-owned subsidiary in the process. Macquarie then sold Waddell & Reed's wealth management business to LPL Financial in April 2021 and merged the asset management business, Ivy Managements, into Delaware Funds. [8]
Find Out: 9 Easy Ways To Build Wealth That Will Last Through Retirement However, there is a way out of debt. According to Dave Ramsey , here are three things to do to be debt-free on a fixed income .
Professional guidance: Consult with a financial advisor for strategies to integrate policy loans into your broader financial plan. Downsides of Using Life Insurance for Retirement
Retirement wealth: If you’re looking to use your money to fund your retirement, then your options include employer-sponsored retirement plans such as a 401(k), as well as an IRA. These accounts ...
AllianceBernstein Holding L.P. (AB) is a global asset management firm providing investment management and research services worldwide to institutional, high-net-worth and retail investors. AllianceBernstein's headquarters are located in Nashville, Tennessee; the firm also has locations throughout the world. It has approximately US$ 725 billion ...
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