Approximately $11 billion of CUNA Brokerage Services' client assets have moved onto LPL's Institution Services platform. LPL shared that the firm expects another $21 billion to follow in the coming months.
Last year, LPL and CUNA formed a partnership to create a dedicated support model serving the credit union investment program marketplace, according to LPL's head of Business Development. The president of CUNA Brokerage Services likewise shared that "the strategic partnership with LPL offers a transformative value proposition for the credit union industry."
Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.
