Louis Diamond Quoted
By Oisin Breen
With Genstar’s deep pockets backing him, Moore is ready to beat LPL Financial at its own game — bone crushing scale.
“If that [means] 10,000 [new advisors], if it’s 20,000, even better, if it’s 30,000, we’re ready to break through what appears to be the ceiling that’s historically been there,” he says.
Whenever there’s a change of ownership at an IBD “it’s a time when advisors think long and hard about whether they’re in the right place, especially since every B-D and recruiting firm is hungry to capitalize on the change,” says Louis Diamond.