LPL Financial LLC
A subsidiary of LPL Financial Holdings Inc.
75 State St.
Boston, MA 02109
Clearing firm: LPL Financial, Self-clearing, Other
No. advisers: 15,210
Year founded: 1968
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||15,210||14,377||14,054|
|No. of producing reps||15,210||14,377||14,054|
|No. of reps producing $100K-$499K /year||7,001||7,021||7,030|
|Total revenues: Other||$1,022,266,794||$938,157,989||$899,786,185|
|Total account assets||$509,439,452,888||$475,145,891,555||$474,598,521,742|
|Total account assets: Other||$297,830,008,259||$288,356,749,314||$298,835,418,710|
|Average assets per rep||$35,434,336||$33,808,588||$33,812,947|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||LPL Financial Mobile, exclusively for LPL Financial advisors, is a fast, secure service that allows our advisers to stay connected to their clients and monitor accounts from their mobile device.|
April 6, 2018 - Independent Financial Partners, a hybrid RIA with roughly $9.5 billion in assets under management and more than 500 advisers, plans to leave LPL Financial as its broker-dealer, according to two people with knowledge of the decision. One of those individuals,...
April 4, 2018 - Riverstone Wealth Partners, which manages $263 million, has switched affiliation from INVEST Financial to Commonwealth Financial Network. The hybrid firm is based in St. Charles and Naperville, Ill. Riverstone is led by partners Jodi Manthei, Ken Koppitz...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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