InvestmentNews

LPL Financial bumping up fees on 'direct' business, mutual funds held at outside firms

Called "direct to fund," or DTF by advisors, the method is a simple way for advisers to sell mutual funds to clients. The new ...
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What Is a Broker Fee and How Do They Work?

A broker is an individual that works as the intermediary between buyers and sellers in the stock market or in real estate. Brokers earn a fee for their work. The broker fee (also known as a brokerage ...

Are you aware of the ‘3 layers of costs’ your financial adviser may be charging you? (Hint: Many are not.)

To avoid unnecessary fees, start by asking your adviser how they’re paid. “That answer will give you clues about where to ...

LPL Financial Announces Lower Fees and Streamlined Pricing Across Advisory Platforms

SAN DIEGO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, today announced a reduction in fees and a simplified pricing structure across its advisory platforms, ...
Financial Advisor

LPL Slashing Platform Fees After Retaining 80% Of Commonwealth Advisors

Rich Steinmeier, the CEO of LPL, also said the firm had received commitments from 80% of Commonwealth advisors to move their business to LPL. Despite the departure of reps affiliated with Commonwealth ...

Commission vs. Fee-Based Financial Advisor: Which Is Best?

Understand how payment structures affect costs, incentives and transparency when working with financial advisors ...
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What Is a Broker?

Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move? What Does a Broker Do? If you’re new to investing, you might be wondering, what does a broker do? And do you ...