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LPL Launches Direct Indexing Access for FAs  

LPL Financial has added direct indexing as an option for financial advisors using its Model Wealth Portfolios unified account management program. So reports Investment News.

LPLTax efficiency and more personalized results for clients are two possible benefits of direct indexing, according to Rob Pettman, LPL Financial executive vice president of wealth management solutions.

The new custom separately managed accounts, based on MSCI’s indexes, span large-, small- and mid-cap as well as international equities, with a $100,000 minimum.

Read the full article from Investment News.

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