The parent company of one of the largest brokerage companies in the U.S. filed for an initial public stock offering worth up to $600 million.
LPL Investment Holdings is the parent of LPL Financial, the fifth largest broker dealer based on the number of registered financial advisors, More than 12,000 independent financial advisors work with LPL, which also offers clearing and technology for 4,000 other advisors.
Last year, company officials indicated that an IPO was likely.
[Translation from English to Japanese ] The parent company of one of the largest brokerage companies in the U.S. file...
Original Text / English
Copy