Why exactly LPL Financial nixed NestWise and how OSJs, once again, may be wagging the big dog
The event is eerily similar to BloombergBlack's full stop, one analyst says, but LPL's story has its own twists, it seems
Stephen Winks
Channel conflict makes market extension problematical at the lower end of the market for firms that have significant advisor activity in those segments.
Merrill would have far less problems in consumer direct strategies directed to the under $250,000 market segment where they are not active.The under $250,000 market at LPL is their core market thus the market conflict.
SCW
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LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold
Nexus Strategy
Consulting Firm
Top Executive: Timothy D. Welsh
Kitces.com
Consulting Firm
Top Executive: Michael Kitces
Private Advisor Group
Specialized Breakaway Service, RIA-Friendly Broker-Dealer, RIA Serving Other RIAs
Top Executive: RJ Moore, Chief Executive Officer
