What does LPL Financial Provide?
LPL Financial serves as our back office support and brokerage service. Think of it like a football team: our advisors work with you in a coaching capacity, with LPL serving as the team that carries out the plays. They also enable us to offer a variety of other benefits:
Integrated technology
Our integrated, web-based technology platform allows customers to manage critical aspects of their business while remaining highly efficient and responsive to their clients’ needs. Time-consuming processes—such as account opening and management, document imaging, transaction execution, and account rebalancing—are automated to improve efficiency and accuracy. With LPL focused on technology, advisors are able to focus on what is most important: Meeting client investment objectives.
Practice management programs and training
LPL constantly seeks ways to help customers increase their service to their clients. Our experience and leadership in our industry, as well as the size and diversity of our customer base, give us the ability to benchmark the best practices of successful financial advisors and financial institution-based investment programs. In addition, we are able to dedicate an experienced and diverse set of professionals to work with customers, helping them to build and manage their business and client relationships through one-on-one consulting and group training.
Independent research
Our Research team provides objective research on mutual funds, separate accounts, annuities, alternative investments, equities, fixed-income securities, and more. With a focus on performance, service, and transparency, our research team delivers timely perspectives on the ever-changing economic marketplace, helping advisors to help their clients understand and adjust to the latest developments.
Comprehensive clearing and compliance services
LPL custodies and clears the majority of our customers’ transactions, providing an enhanced customer experience and expedited processing capabilities—all backed by robust and responsive service center and operations organizations focused on providing timely, accurate, and consistent support.
In addition, our 300-person Compliance team provides oversight of many diverse compliance and monitoring requirements. We serve as a true business partner to our advisors, working closely with them and acting proactively on their behalf so they can run a compliant practice. By seamlessly integrating compliance functionality into our advisors’ practices, we enable many of their procedures to be fully automated. With LPL focusing on back-office service and support, advisors are able to focus on their clients’ future rather than on logistics.
Data as of August 2, 2022
1 Fortune 500 ranks U.S. companies based on a review of the prior year's total revenue and factors such as profits after taxes, year-end assets and total stockholders' equity.
2 As reported by Financial Planning magazine, June 1996-2022, based on total revenue.
3 2021-2022 Kehrer Bielan Research & Consulting Annual TPM Report. Based on market share of AUM, revenue, and advisors.
4 Cerulli Associates, 2021 U.S. RIA Marketplace Report
About LPL Financial:
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve, supporting more than 20,000 financial advisors, and more than 800 institution-based investment programs and 500 independents. RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
Frenquently Asked Questions
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Frenquently Asked Questions *
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I advise individual, families, business owners and Senior Professionals with at least $500,000 in retirement and non-retirement accounts combined in all aspects of Wealth Management including
Retirement & Estate Planning
Investment Portfolio Management
Insurance Review
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That’s simple. My goal is to develop deep, long lasting relationships with my clients, getting to know them on a personal level. I take a vested interest in their financial success throughout the different stages of their lives
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Please feel free to either email or call me to ascertain how I may be of assistance
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Yes. I receive a fee for the market value of the assets I manage on behalf of my clients.