Monday, March 12, 2007
LPL Buys Three Pac Life Broker-Dealers
Linsco/Private Ledger Corp. (LPL Financial Services), announced this week that it will acquire three of Pacific Life Insurance Company’s broker-dealers--Mutual Service Corporation, Associated Financial Group, and Waterstone Financial Group. Collectively, these broker-dealers boast 2,200 financial advisors serving retail clients and $353 million in revenues. The deal increases LPL’s independent financial advisors to 9,900 nationwide. Pacific Life will retain ownership of its other broker-dealers, M.L. Stern & Co. and United Planners’ Financial Services of America.
LPL Buys Three Pac Life Broker-Dealers
Source: Financial-Planning.com
LPL Buys Three Pac Life Broker-Dealers
Source: Financial-Planning.com
Permalink posted by armandn @ 10:13 AM 
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