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How hedge fund control and E*Trade's former CFO helped Mark Casady see that making LPL a blue chip was a fool's errand

Matthew Audette concedes that he came to LPL lured by its potential for higher leverage

Author Sanders Wommack November 2, 2015 at 10:00 PM
1 Comment
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Matthew Audette: There's not a bunch of balance sheet capital that's necessary.

Mark Casady

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Steven Levitt

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Matthew Audette


Stephen Winks

Stephen Winks

November 2, 2015 — 11:04 PM

Audette connotes the maturing of the independent b/d model. The race begins on who best supports the advisor in the consumer’s best interest. LPL does not have the heavy OSJ and product distribution overhead of our largest wirehouses and is poised to out execute major firms at lower cost in its support of advisory services—the only thing that really counts in the free market.
SCW
Stephen Winks


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Mentioned in this article:

LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold

Park Sutton Advisors, LLC
Mergers and Acquisition Firm
Top Executive: Steven Levitt



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