July 30, 2016 6:24 AM ET

Capital Markets

Company Overview of LPL Financial LLC

Company Overview

LPL Financial LLC, an independent broker-dealer, provides an integrated platform of proprietary technology, brokerage, and investment advisory services to independent financial advisors, and financial advisors at regional and community banks and credit unions in the United States. It provides business consulting, business development, marketing support, practice management programs and training services to assist entrepreneurial financial advisors helping them grow their businesses; and research, advisory program services and sales support, compliance, transition services, technology, marketing and training, and customer services to community and regional banks and credit unions. The company...

75 State Street

24th Floor

Boston, MA 02109

United States

Founded in 1989

Phone:

800-558-7567

Fax:

858-546-8324

Key Executives for LPL Financial LLC

Chairman and Chief Executive Officer
Age: 55
President
Age: 51
Co-Founder, Vice Chairman and Member of Nominating & Governance Committee
Age: 61
Co-Founder and Chairman Emeritus
Chief Financial Officer
Age: 41
Compensation as of Fiscal Year 2016.

LPL Financial LLC Key Developments

LPL Financial LLC to Report Q2, 2016 Results on Jul 28, 2016

LPL Financial LLC announced that they will report Q2, 2016 results After-Market on Jul 28, 2016

LPL Financial LLC Opens Washington, D.C. Office

LPL Financial LLC announced that the firm has established an office in Washington, D.C. for members of its Government Relations team who engage regularly with legislators, regulators and trade associations to advocate and address issues on behalf of the financial services industry, LPL advisors and retail investors. The new office is located at 700 12 Street, NW, Suite 700, Washington, D.C.

Paychex Announces Partnership with LPL Financial to Offer Fully Integrated Small Market Solution

Paychex, Inc. announced that it has aligned with LPL Financial to offer the Small Market Solution, a solution that helps minimize investment fiduciary risk and provides increased efficiency for advisors and plan sponsors. The Small Market Solution will incorporate LPL's 3(38) investment management service and employee Worksite Financial Solutions into Paychex's retirement offering, complete with recordkeeping, administration, and one-on-one dedicated service. LPL Financial will serve as the ERISA defined 3(38) investment manager for the plan's investments, helping reduce plan sponsors fiduciary responsibility and legal liability under ERISA. In addition, this integration enables plan participants who work with an LPL financial advisor to take advantage of the Worksite Financial Solutions platform, designed for custom-tailored financial advice and education. By offering this solution, advisors can better address the needs of plan participants face-to-face, online, or over the phone whatever means of communication the participant prefers. Worksite Financial Solutions also helps streamline the enrollment process and promotes overall financial education and wellness. This joint effort between Paychex Retirement Services and LPL Financial will help advisors and plan sponsors better navigate fiduciary obligations, while addressing the needs of plan participants throughout their financial lives and offer customized support for the life of the plan.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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