LPL Financial is the largest independent broker-dealer in America, providing a wealth management platform, tools and research to over 32,000 independent financial advisors.
LPL Financial is the largest independent broker-dealer in the United States. Founded in 1989, the firm provides a wealth management platform, together with tools, insights and resources, to independent financial advisors. It supports more than 32,000 advisors and, through them, some 8m families across the country. The company employs around 9,000 people.
Advisors may affiliate with LPL through several models: as W2 employees, through a registered investment advisory (RIA) structure, or as supported independent businesses. The platform is designed to serve advisors in each of these arrangements as they grow their practices and serve clients. The firm's stated premise is that independence enables advisors to serve clients better; its stated commitments include innovation and accessibility in financial services.
Technology work at LPL spans wealth management technology platforms, financial research, and broker-dealer operations technology, sitting at the intersection of technology, research and relationship-building. The company has offices in San Diego, Fort Mill, Austin and Boston, and operates across the financial services, wealth management, broker-dealer and RIA sectors.
