Our Custodian: LPL Financial
Trusted Since 1989
LPL Financial has been a trusted name in the financial services industry since its founding in 1989. With home offices in Austin, Boston, Fort Mill, and San Diego, LPL supports financial professionals in all 50 states, ensuring that we have the resources and reach to serve our clients effectively.
Leadership, Size, and Strength
$1.9T
Total advisory and brokerage assets serviced and custodied
29.5K
LPL advisors
1200
Financial institutions
7M
Investors supported by LPL advisors and institutions throughout the U.S.
Strong Client Support & Asset Security
7.9 Million+ Client Accounts:
LPL services millions of client accounts, providing 24/7 access to account information through their mobile app and portal.
1.9 Trillion in Assets:
With over $1 trillion in brokerage and advisory client assets serviced or custodied, LPL has the scale and expertise to manage and protect your investments.
Advanced Cybersecurity:
LPL invests $40 million annually in cybersecurity, employing over 150 professionals dedicated to keeping your data safe from cyberattacks.
Expansive Network & Investment Choices
29,000+ Financial Professionals:
LPL supports a vast network of financial professionals, including over 1,000 financial institution partners, ensuring you have access to top-tier advice and services.
Diverse Investment Solutions:
LPL offers a breadth of investment options, from mutual funds and bonds to alternative investments, enabling us to craft customized portfolios tailored to your unique goals.
Commitment to Independence and Excellence
#1 Independent Broker/Dealer:
LPL is the leading independent broker/dealer in the United States, as reported by Financial Planning magazine from 1996 to 2023.
Top RIA Custodian:
LPL is ranked among the top RIA custodians in the country, according to Cerulli Associates’ 2022 U.S. RIA Marketplace Report.
Fortune 500 Company:
LPL’s inclusion in the Fortune 500 underscores its financial strength and stability, ranking No. 440 based on total revenue and other key financial metrics.
*This material was prepared by LPL Financial, LLC. Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL Financial affiliate, please note LPL Financial makes no representation with respect to such entity.
If your financial professional is located at a bank or credit union, please note that the bank/credit union is not registered as a broker-dealer or investment advisor. Registered representatives of LPL may also be employees of the bank/credit union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, the bank/credit union. Securities and insurance offered through LPL or its affiliates are:
- Not Insured by FDIC/NCUA or Any Other Government Agency
- Not Bank/Credit Union Guaranteed
- Not Bank/Credit Union Deposits or Obligations
- May Lose Value
Data as of October 30, 2023
1. Fortune 500 ranks U.S. companies based on a review of the prior year's total revenue and factors such as profits after taxes, year-end assets, and total stockholders' equity.
2. As reported by Financial Planning magazine, 1996-2023, based on total revenue.
3. 2021-2022 Kehrer Bielan Research & Consulting Annual TPM Report. Based on market share of AUM, revenue, and advisors.
4. LPL is ranked the #4 custodian based on Cerulli Associates’ 2022 U.S. RIA Marketplace Report.