M&T Bank Announces Relationship with LPL Financial to Offer Its Retail Brokerage and Advisory Business
published 29.07.2020 14:20
With the plan to align with LPL to support its retail brokerage and advisory business, MT Securities, Inc. will continue to exist as an institutional broker-dealer under MT Bank.
LPL will provide an enhanced advisor and client experience through their front-end systems, inclusive of upgraded financial planning tools, eDelivery and eSign capabilities for most account documents, and easy-to-access statements and performance reports.
"We are excited to welcome MT to LPL's network of institutional clients," said Rich Steinmeier, LPL Financial managing director and divisional president, Business Development.
BUFFALO, N.Y., July 29, 2020 /PRNewswire/ -- MT Bank Corporation (NYSE:MTB) announced today that it has chosen LPL Financial (NASDAQ:LPLA), a leading retail investment advisory firm, independent broker-dealer, and registered investment advisor (RIA) custodian, to support the bank's retail brokerage and advisory business.
Securities and Advisory services offered through LPL Financial, a registered investment advisor.