We are maintaining our fair value estimate for LPL Financial of $357. Our fair value estimate correlates to a price/forward adjusted earnings multiple of 20 times and an enterprise value/EBITDA ...

Ameriprise accuses the advisors of conducting a “marathon printing session” that produced nearly 9,000 pages of company and ...

The two-decade veteran, whose career also includes a stint at Merill Lynch, will help shape strategy for the Google ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even ...

According to the SEC’s order, LPL would properly freeze new accounts flagged for enhanced due diligence, but did not have a timeframe in its policies and procedures for how long the hold should last.

LPL also was among financial firms that warned investors in August of potential cash sweep issues. But the SEC’s penalty against the company found it violated AML compliance guidelines from at least ...

Broker-dealer LPL Financial LLC failed to comply with its own policies on cannabis-related money and foreign accounts, violating key anti-money laundering rules, the US Securities and Exchange ...

As part of a flurry of moves in the last days of the Biden administration, the Securities and Exchange Commission announced charges against broker/dealer and investment advisor LPL Financial for ...

LPL Financial has agreed to pay an $18 million civil penalty for the SEC described as significant shortcomings in the firm's anti-money laundering program. The reported violations, which occurred ...