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LPL Financial Buys AdvisoryWorld for $28 Million

December 5, 2018 by Eugene Grygo

LPL Financial Buys AdvisoryWorld for $28 Million

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… Read More >>

Filed Under: Securities Operations, Buy-Side, Data Management, Mergers & Acquisitions, Ops Automation, Governance, FinTech Trends, Back-Office, Integration, Regulatory Compliance, Industry News, People Moves Tagged With: AdvisoryWorld, Burt White, ClientWorks, Dan Arnold, financial advisors, LPL Financial LLC, M&A, Michael Wilson, proposal generation, retail investment advisor

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