LPL Financial Eliminates the Hybrid RIA Minimum Asset Requirement

Earlier in the year LPL Financial had a minimum asset requirement of $50M to join any Hybrid firm at LPL, including Great Valley Advisor Group. Say Goodbye! As of October 22, 2018 LPL is eliminating the minimum advisory asset requirement based on data suggesting it was not effectively contributing to growth. For more information regarding this strategic change, please visit the URL below.

https://lplfinancial.lpl.com/news-media/newsroom/lpl-stories/lpl-financial-strategic-enhancements-include-elimination-of-the-hybrid-ria-minimum-asset-requirement.html