Articles Posted in Sierra Income

San Diego-Based Brokerage Firm Under Scrutiny Over Sierra Income Sales LPL Financial Holdings (LPLA), the largest independent brokerage firm in the United States, has finalized its acquisition of Lucia Securities, a San Diego-based broker-dealer and registered investment advisor. With over $1.5B in assets, Lucia Securities and its advisors will operate…

Risky, Illiquid Business Development Company Was Not Suitable for Many Investors If you are someone who invested in the Sierra Income Corporation, you may have lost money. This business development company (BDC) is a non-traded investment.  Earlier this year, Sierra Income suffered losses after its announced merger with Medley Capital…