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Stock impact report

LPL Launches Support Program for Deployed Advisors [Yahoo! Finance]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: Yahoo! Finance
LPL Financial has launched a new support program to help affiliated advisors serving in the military maintain the stability of their practices when they're called to active duty.  Under the Military Deployment Practice Continuation Program, advisors in the U.S. Armed Forces will designate a qualified continuity partner to service their clients while they're deployed and for up to 90 days when they return. Or, if needed, LPL will support their book of business. Over 1,600 reps with LPL have some kind of military affiliation.  Under FINRA's Active Military Leave policy, the self-regulatory organization places registered reps on inactive status during active duty, temporarily pausing registration and continuing education requirements.  Advisors in LPL's program will agree to a revenue split with the continuity partner or LPL, and they'll receive their portion of the revenue during their deployment.  “Financial advisors who answer the call to serve their country should not have t Show less Read more
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