LPL Financial Acquires $15 Billion Good Life in Strategic Move
LPL Financial has acquired the $15 billion wealth management firm, Good Life, based in Celebration, Florida. This acquisition aligns with LPL's long-term strategy of acquiring office of supervisory jurisdiction (OSJ) groups to expand its scale and recurring revenue. The move is seen as a continuation of their approach following last year’s Commonwealth Financial Network acquisition.
Tickers: $LPLA
Topics: acquisition strategy Good Life Advisors independent broker/dealer LPL Financial