LPL Financial is one of the leading financial services companies and the largest independent broker/dealer in the nation*.
For more than four decades, the firm has served as an enabling partner, supporting financial advisors in their goals of protecting and growing their clients’ wealth. A chief objective of LPL Financial is to reduce the complexity of running a financial services practice so advisors can focus on what they do best help their clients attain their financial goals and fulfill their dreams.
For more information about LPL Financial, visit www.lpl.com.
* As reported in Financial Planning magazine 1996-2018, based on total revenues.
SIPC Account Protection
The LPL Financial SIPC membership provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash. Also carry Lloyds of London for an additional $750M of coverage. This protection does not protect against losses from the rise and fall in the market value of investments.
FDIC-Insured Cash Accounts
Through the LPL Financial multi-bank Insured Cash Account Program, deposits are eligible for up to $1.5 million of deposit insurance for joint accounts through the FDIC ($250,000 that is held at each bank).