FinancialCircuit, LPL Cut Deal

FinancialCircuit, Campbell, Calif., has signed a deal with Linsco/Private Ledger, San Diego, that will see its 4,700 independent financial advisers using FinancialCircuit's technology and lending systems.LPL is the largest broker-dealer in the country, with some 4,700 representatives. In the past, the company referred out mortgage business, but now advisers can use MoneyFind to provide debt consolidation products and services to its clients. The loans are then originated online and funded through a FinancialCircuit mortgage broker subsidiary. In addition to MoneyFind, LPL representatives will also have access to FinancialCircuit's transaction processing center. The processing center assists advisers with the execution of the client-selected mortgage and liability restructuring plans generated by FinancialCircuit's technology systems. The companies can be found on the Web at http://www.financialcircuit.com and http://www.joinlpl.com.