Closeup of Washington DC capitol building with green traffic light signal in foreground (Photo: Shutterstock)

When government relations expert Nicole Petrosino was hired in 2014 to take charge of LPL Financial's lobbying efforts on the federal level, its then-CEO was quoted saying "as the regulatory environment continues to evolve, it is crucial that independent advisors and the millions of investors they serve have a voice in the policy discussion at the federal and state level."

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