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NewEdge Wealth, LPL Financial, and Osaic are among the wealth management firms that have poached teams or made acquisitions from competitors this week.
Specifically, NewEdge Wealth recruited four wealth managers and opened a new office in Florida; LPL Financial absorbed a team from Morgan Stanley managing $395 million in assets; Osaic brought Midwest Financial Group, which manages $450 million in assets, under its umbrella; and Wealth Enhancement acquired two firms managing a combined total of over $721 million in client assets.
Source：Yahoo财经 · Source Link
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