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LPL Financial Adds $1B Seattle Practice From Northwestern Mutual
AltsWire reports that Seattle-based Prince Financial Services moved from Northwestern Mutual to LPL's brokerage, advisory and custody platforms. The practice reports approximately $1 billion across advisory, brokerage and retirement-plan assets.
The team serves clients including retirees, business owners and technology professionals, mainly in the Pacific Northwest, with support from ten administrative staff. Its partners said they spent nearly a year evaluating potential platforms and cited LPL's technology investment in their decision. The asset figure is reported by the practice.
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