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LPL Recruits 15th Team for Breakaway SWS Unit

LPL Financial recruited its 15th team for its unit catering to wirehouse breakaways, but this time the new hires are not from a wirehouse.

The team, which managed approximately $675 million in advisory, brokerage and retirement plan assets, joined LPL from MassMutual, a rival independent broker-dealer.

The advisors chose to join LPL’s Strategic…

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