The annuities giant saw plunging operating earnings. It blamed higher costs and derivatives losses.
This tax-saving tool an be a boon to some clients and a minefield for others.
The 60/40 model is still viable, but it's not a "one-size-fits-all" solution, strategist Todd Schlanger said.
LPL currently has 21,942 financial advisors, a net gain of 421 from the prior quarter.
The company logged $1.85 per diluted share in adjusted net income amid weak capital markets business.
Worden Capital was expelled by Finra last year.
One quarter of those working as unpaid caregivers have $1,000 or less in savings, EBRI said.
A company survey found inheritors are anxious about the money they're about to get.
Clients don't believe in kicking the tires when they shop for advisors, according to a survey by Dynasty Financial Partners.
Interest rates have risen to a point where annuity swapping needs to be carefully considered by advisors.