Ropes & Gray represented LPL Holdings, Inc. in its $1.25 billion registered debt offering. The transaction closed on Feb. 26.
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans.
The deal team was led by capital markets partner Tom Fraser.
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