LPL Financial (LPLA) Acquires Boenning & Scattergood

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LPL Financial to Acquire Boenning & Scattergood

July 8, 2022 9:00 AM EDT

SAN DIEGO, July 08, 2022 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) today announced that the firm has entered into a definitive purchase agreement to acquire the Private Client Group business of Boenning & Scattergood, a broker/dealer and registered investment adviser (RIA) headquartered in West Conshohocken, Pa. Boenning & Scattergood is comprised of approximately 40 financial advisors who serve approximately $5 billion of advisory and brokerage assets.... More