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Announced

LPL Financial to acquire Crown Capital Securities.

Synopsis

LPL Financial, the largest independent broker-dealer in the United States, agreed to acquire Crown Capital Securities, a full-service broker-dealer and registered investment advisor. Financial terms were not disclosed. "Since our inception, we have been focused on supporting our advisors so they have more time to develop customized and integrated investment and planning strategies and more time to spend with their clients, providing a best-in-class customer experience," Darol K. Paulsen, Crown Capital CEO.

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