LPL Financial to Acquire Waddell & Reed’s Wealth Management Business and Enter Into Long-Term Partnership With Macquarie

Macquarie to acquire Waddell & Reed Financial, Inc. and upon closing sell Waddell & Reed ’s   w ealth m anagement business to LPL Financial for $ 300 million Long-term partnership between LPL Financial and Macquarie will provide existing Waddell & Reed advisors and clients with continuity, as well

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