India, Sept. 22 -- Shares of LPL Financial Holdings Inc. (LPLA) are falling around 7 percent on Tuesday morning after it announced that the financial advisors of Cornerstone Advisors and Clear Pointe Wealth Management have joined the company's broker-dealer, Registered Investment Advisor and custodial platforms.

Shares of the company slipped 6.99 percent to $309.01 on the Nasdaq, compared with the previous closing price of $332.26. The stock has traded in a 52-week range of $260.15 to $400.16.

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