LPL Financial Wednesday announced the launch of LPL Private Wealth Management, an affiliation program for advisors catering to high-net-worth clients. LPL currently serves approximately $130 billion in high-net-worth assets under management, according to the company, offering resources such as a Learn more about reprints and licensing for this article.
A shopper walks past turkeys displayed for sale in a grocery store ahead of the Thanksgiving holiday on November 11, 2021 in Los Angeles, California.Mario Tama | Getty Images NewsFood inflation has been on a tear, with prices for food at home up 2.1% year-over-year in October, according to...
A Marshalls store in New YorkScott Mlyn | CNBCTJX Companies on Wednesday raised its full-year guidance and said it expects a strong holiday season after inflation-weary consumers drove another quarter of sales gains. The off-price giant, which runs T.J. Maxx, Marshall's and HomeGoods, beat Wall Street's estimates on the top...
Jane Fraser, CEO of Citigroup Inc., during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" at the Economic Club of Washington in Washington, D.C., March 22, 2023.Valerie Plesch | Bloomberg | Getty ImagesCitigroup will soon begin layoffs in CEO Jane Fraser's corporate overhaul, CNBC has...
The independent wealth management space continues to evolve rapidly as firms look to address the changing needs of financial advisors and clients. In a consolidating industry, where traditional business models and corporate structures may no longer be sufficient to drive sustained growth, all businesses, no matter the size, may...
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty ImagesWholesale prices in October posted their biggest decline in 2½ years, providing another indication that the worst of the inflation surge may have passed.The producer price index, which measures final-demand...
Check out the companies making the biggest moves in premarket trading: Target — Shares surged nearly 14% after the retail giant beat earnings and revenue expectations for its third quarter, with help from as purchases in high-frequency categories like food and beauty helped boost otherwise weaker customer spending. Target...