The Recruiting Battlefield Shifts: LPL Moves the Fight to Fees

Published on November 11, 2025

For years, recruiting top advisors has been defined mainly by transition offers. Firms have gone to war with record-breaking deals, sometimes paying 300% to 400% of trailing twelve-month revenue to land top talent. But even the richest offers have their limits.

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In Search of the AI Bubble’s Economic Fundamentals

November 11, 2025
The rise of generative AI has triggered a global race to build semiconductor plants and data centers to feed the vast energy demands of large language models. But as investment surges and valuations soar, a growing body of evidence suggests that financial speculation is outpacing productivity gains.

Markets Dip as Investor Sentiment Weakens

November 11, 2025
The latest U.S. economic data continues to paint a mixed picture. Private-sector employment from payroll processor ADP showed a return to modest job growth in October following a brief contraction.