LPL Financial

Annual Revenue Estimate: $100m+

AUM: $3bn-$5bn

Email Convention: NA

Overview

Overall Ranking (77%)

The Overall Ranking is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company, taking everything into account.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

The Overall Ranking is generated based on the Company Reviews.

3.3
  • 5 Stars
  • 4 Stars
  • 3 Stars
  • 2 Stars
  • 1 Star

Company Details

LPL Financial was founded with a pioneering vision: to help entrepreneurial financial advisors establish successful businesses through which they could offer truly independent financial guidance and advice. Today we provide an integrated platform of proprietary technology, brokerage, and investment advisory services to over 12,500 financial advisors as the nation's largest independent broker/dealer,* making us a leading distributor of financial products in the United States. In addition, we support over 4,000 financial advisors with customized clearing, advisory platform, and technology solutions.

Even as our firm has grown over the years, we remain singularly focused on helping financial advisors to manage the complexity of their investment practices so they can better serve their clients in achieving important financial goals. And, because we do not offer proprietary products, LPL Financial enables the independent financial advisors, banks, and credit unions with whom we partner to offer their clients truly objective, conflict-free advice. Our open-architecture platform provides our customers with access to thousands of commission, fee-based, cash, and money market products manufactured by hundreds of third-party product sponsors.

Our customers

For more than 20 years, the LPL Financial Commitment Creed has been central to our culture and reflects our firm's singular focus on serving the customer. Our 2,700 employees in Boston, Charlotte, and San Diego come to work every day focused on living this commitment.

Though LPL Financial was originally established to serve the independent advisor, today we serve three customer groups:

Independent Advisor Services supports more than 12,000 independent and registered investment advisors.
Institution Services supports financial advisors at approximately 670 regional and community banks and credit unions.
Custom Clearing Services supports approximately 4,000 advisors affiliated and licensed with insurance companies through a unique outsourcing arrangement.
We tailor our programs and services to the diverse needs of our customers, enabling them to remain focused on understanding and meeting their clients' needs.

  • As reported in Financial Planning magazine 1996-2011, based on total revenues.

Learn more about our commitment

FROM THE CHAIRMAN

Read about our leadership

EXECUTIVE TEAM

Learn more about LPL Financial

VIEW OUR ANNUAL REPORTS

Learn more about our financial strength

Locations

Locations

San Diego

See in Google Maps

9785 Towne Centre Drive, San Diego, CA, 92121, United States

(800) 877-7210

Five Coliseum Centre

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2810 Coliseum Centre Dr. , Charlotte, NC, 28217, United States

(800) 877-7210

Boston

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One Beacon Street , Boston, MA, 02108, United States

(800) 877-7210

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