LPL’s Stunning Revenue Surge X Morgan Stanley’s Balanced Q3 Showdown
Gist Investment banking and brokerage firms delivered strong Q3 2025 results, with sector revenues beating consensus and stocks rising modestly post-earnings. LPL Financial led revenue growth and asset expansion via acquisitions, but heavy deal-related and operating expenses drove a GAAP net loss despite strong adjusted EPS. Morgan Stanley posted broad-based revenue and EPS growth across …
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