
LPL Financial
LPL Financial is the largest independent broker-dealer in the United States, providing comprehensive support to over 28,000 financial advisors and institutions nationwide. Founded in 1989 through the merger of Linsco and Private Ledger, LPL was established as an alternative to traditional Wall Street firms, emphasizing advisor independence and client-focused service. Headquartered in San Diego, California, with additional offices in Boston, Fort Mill, and Austin, the firm offers a wide range of services, including technology solutions, brokerage platforms, compliance services, and consultative practice management. As of 2023, LPL manages approximately $1.5 trillion in advisory and brokerage assets and employs around 8,400 individuals. The company’s mission centers on empowering financial professionals to build competitive businesses while serving their clients’ best interests. LPL Financial is a publicly traded company on the NASDAQ under the ticker symbol LPLA and is a member of FINRA and SIPC.