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LPL Financial closes acquisition of The Investment Center

LPL Financial (LPLA) announced it has closed its acquisition of the wealth business of The Investment Center, a broker-dealer and registered investment adviser based in Bedminster, N.J. “We welcome The Investment Center’s 160 high-performing advisors to our network. Their entrepreneurial spirit and dedication to client success are a strong fit for LPL’s culture,” said Reed Eastley, executive vice president, corporate development at LPL. “Through LPL, The Investment Center can continue to grow and support its network of advisors with expanded access to LPL’s integrated technology, wealth management platforms and resources to help them operate efficiently and deliver more value to their clients.”

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