LPL Financial on the hunt for more space

The country's largest independent broker-dealer, LPL Financial (LPLA -0.2%) is interested in about 400K square feet of space - maybe in the Charlotte area - as opposed to the 238K square feet it currently occupies.

Headquartered in Boston, LPL"s information-technology hub is Charlotte and the company is upgrading its tech platform amid adviser complaints and a $7.5M regulatory fine over email system failures.

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