Is LPL Financial a Pyramid Scheme? Uncovering Broker Misconduct and Investor Risks
Is LPL Financial a pyramid scheme? The answer is nuanced. While LPL itself isn't structured as a pyramid scheme, the actions of some of its independent financial advisors have resulted in significant financial harm to investors, raising serious concerns. For more on risky investments, see this helpful guide: Investment Risks. This article investigates these cases, exploring LPL's role and offering actionable advice to protect yourself. Understanding the Misconduct: More Than a Few Bad Apples The core issue isn't LPL's business model; it's the actions of independent financial advisors associated with the firm....