Citywire This Week in Wealth

LPL brings the pain, Cerity Partners makes it rain

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Ian, Andrew and Alex discuss LPL Financial’s move to lay off 3% of its workforce, a story that broke in the same week that the firm’s stock sold off dramatically amid AI anxiety. They also dig into Cerity Partners’ $1bn deal with private equity firm Warburg Pincus, which values the mega-RIA at $8.5bn.
20 Feb English United States Investing

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