Leading independent broker-dealer and registered investment advisor (RIA) custodian, providing financial advisory and brokerage services.
LPL Financial Holdings Inc. stands as a pivotal player in the financial services sector, offering a comprehensive platform of brokerage and investment advisory services primarily in the United States. Founded in 1989 and headquartered in San Diego, California, the company caters to independent financial advisors and advisors at financial institutions. Its extensive brokerage offerings encompass a wide range of financial products, including variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income securities, and insurance products. Moreover, LPL Financial provides access to alternative investments such as non-traded real estate investment trusts and auction rate notes.
Central to LPL Financial's service portfolio are its advisory platforms, which grant advisors access to diverse investment options including mutual funds, exchange-traded funds (ETFs), stocks, bonds, option strategies, unit investment trusts, and multi-manager variable annuities. The company supports both commission-based and fee-based advisory models, enabling advisors to deliver tailored brokerage services, consultation, and comprehensive retirement solutions to plan sponsors. Additionally, LPL Financial offers a suite of ancillary services designed to enhance advisor productivity and client service capabilities, including trust services, investment management oversight, custodial services, and insurance brokerage through general agency services.
In line with its commitment to innovation and efficiency, LPL Financial provides advanced technology solutions such as proposal generation tools, investment analytics, and portfolio modeling platforms. These technological capabilities empower advisors to streamline operations, optimize client portfolio management, and effectively grow their practices. As a leader in the financial advisory space, LPL Financial Holdings Inc. continues to expand its influence by supporting advisors with robust resources and comprehensive solutions tailored to meet evolving client needs and market dynamics.