LPL Financial (LPLA) Acquires Blaze Portfolio

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LPL Acquires Fintech Firm Blaze Portfolio

October 27, 2020 6:01 AM EDT

Blaze Portfolios innovative trading and portfolio rebalancing software will be integrated into LPLs core technology platform, delivering a sophisticated solution to help drive efficiency and scale in advisors practices

SAN DIEGO, Oct. 27, 2020 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA), the parent corporation of leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, today announced the company has acquired Blaze Portfolio, a Chicago-based fintech firm founded in 2010. Blaze Portfolio currently serves 135 investment firms and provides an advisor-facing trading system that LPL will integrate into its platform... More