Search results
Results From The WOW.Com Content Network
The letters are nothing specific about the account itself but like please updating your information, send us your income, your beneficiary. Sounds fishy to me... Archived post. New comments cannot be posted and votes cannot be cast. LPL is a legit company. They work with RIA firms.
LPL Financial Advisor. Scam report. He sold all my existing mutual funds (I was at Schwab) and bought ones that he receives a hidden commission from. I asked if he received any extra compensation from BlackRock and John Hancock and he said no. He took thousands as commission (1%) that was noted on statements but was dishonest about the other ...
Business Development. I am 27 yrs old with 5 years in the industry and my CFP. I'm moving 6 hours away and my current firm will not renew my draw so I'm looking for a new company. Just had my first conversation with LPL and they have a role in the location I want to move to covering a credit union with $30bn deposit assets nationwide.
They are a brokerage that will kill you with fees : r/Economics. Stay away from LPL financial. They are a brokerage that will kill you with fees. I just moved my IRA and roth IRA and they charged me $95 per account to close them! This is on top of their $50/trade plus their 'account maintenance fees'. Please if you are with LPL move somewhere else.
It appears to be a pyramid scheme/insurance sales type deal similar to northwestern mutual. Northwestern is bottom of the barrel. Equitable isn’t that bad but they won’t “hire” you until you bring in a certain amount of commissions, it’s something small like 5,000 ex: 100,000 invested in a 5% sales charge mutual fund.
I work for LPL as a FA. You will pay an account fee if you do not generate enough commissions for the broker. You will not be charged 1% unless you are under a SAM account. The real deal is this. Do you know what you are doing. If yes then open a discount brokerage account and invest in yourself.
The biggest issue is all of their solutions are pieced together. E-sign account opening and e-sign account maintenance are totally different. There are like 7 different technology platforms to use. They’ve promised a central hub for the last 5+ years and it’s yet to happen. Client facing technology is atrocious. 14.
Prudential Advisors LPL. Practice Management. This is my third post this week, so I apologize for blowing up your timeline. I met with a Prudential recruiter, thinking I’ll give her a shot, but I’m sure it’s just like NWM. To my surprise, I was wrong. She told me they were shifting their focus from insurance to financial planning.
I want to warn you about World Financial Group (WFG) and their business practices. I was deceived by them and lost money after buying their mutual funds and insurance. WFG is a Multi-Level Marketing (MLM) company that uses different names like World System Builder. The leaders are Carl Meldrum, Bert Bruneau, Kevin Yuen, Steve Holbrook, Gregg ...
Unsurprisingly, the app shills heavily for Uber, that like LPL Financial, has stock held by private equity firm TPG.com, a partner in the stock fraud lawsuit below. 2008 According to the SEC's order, LPL experienced multiple hacking incidents between July 2007 and early 2008, and unauthorized persons gained access to the online trading platform ...