WEALTHTECH

There's no doubt that the largest IBD in the country is going to have its hands in AI in a number of ways. 

Financial Planning Chief Correspondent Tobias Salinger sat down with LPL's Rich Steinmeier, managing director and the divisional president for business strategy and growth, to talk about the firm's approach to AI in recruiting, among other things.

LPL also posted some big profit numbers in the last week, despite soaring expenses.

That, and a couple links to our 40 Under 40 lists, which highlight the top-producing young brokers in the country, all below.

Thanks for reading.

Brian Wallheimer Brian Wallheimer
Editor-in-Chief, Financial Planning

LPL's Rich Steinmeier on Prudential, AI, tax and 'reimagining' the firm

By Tobias Salinger       10 min read

The firm's recruiting chief shared the latest updates with FP amid record financial advisor headcounts and an effort to expand beyond its traditional label as an IBD. Read story →

LPL's profits climbed 26% despite soaring expenses

By Tobias Salinger       5 min read

Net income topped $1 billion in 2023 as the firm reached another record headcount and CEO Dan Arnold said there are "interesting questions" to answer about AI. Read story →

These are the top 40 brokers under 40 in 2024

By Editorial Staff , Victoria Zhuang      

Financial Planning announces its 2024 class of the top 40 most productive employee wealth management brokers under age 40. Read story →

These are the top 40 regional brokers under 40 in 2024

By Editorial Staff , Victoria Zhuang      

Financial Planning announces its 2024 class of the top 40 most productive employee brokers under age 40 at regional firms. Read story →

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Shrinking headcounts a growing problem

By Tobias Salinger       9 min read

The profession displays a stunningly high rate of attrition in the first year. Here's how wirehouses and regional brokerages must try to change with the times. Read story →

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