FAQ: How Many Assets Does Lpl Manage?

As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory & brokerage assets, and generated approximately $5.9 billion in annual revenue for the 2020 fiscal year.

LPL Financial.

Type Public
Revenue US$5.9 billion (2020)
AUM $1 Trillion
Number of employees 4,658 (2020)


How many assets does LPL?

LPL Financial As of June 2021, the firm officially holds over $1 trillion in brokerage and advisory assets.

What is LPL Financial Aum?

LPL Financial’s pros For example, 29 LPL advisors ranked among the best advisors in their states in the 2021 Forbes’ list of Best-in-State Wealth Advisors. In 2020, the firm was recognized as a technology innovator by the Bank Insurance and Securities Association.

Is LPL Financial in trouble?

LPL Financial sold unregistered, non-exempt securities, not purposefully, but through a series of systemic compliance failures. LPL Financial has ongoing litigation in California (the only state not to settle)

How do LPL advisors get paid?

LPL and its financial professionals are compensated directly by customers and indirectly from the investments made by customers. When customers pay us, we typically are paid an upfront commission or sales load at the time of the transaction and in some cases a deferred sales charge.

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How much do LPL Financial advisors make?

How much does a Financial Advisor make at LPL Financial in the United States? Average LPL Financial Financial Advisor yearly pay in the United States is approximately $55,217, which is 23% below the national average.

How does LPL Financial Rank?

In 2018, Forbes ranked eight LPL advisors as among the top women wealth advisors in the U.S., Barron’s named 19 LPL advisors as among America’s top 1,200 financial advisors and Financial Times named four LPL advisors to its list of the top 400 financial advisors.

Is ameriprise better than Edward Jones?

Edward Jones scored higher in 7 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and CEO Approval. Ameriprise scored higher in 1 area: Positive Business Outlook. Both tied in 1 area: % Recommend to a friend.

Is LPL Financial FDIC insured?

LPL Financial’s Insured Cash Account program allows for all of your available cash balance to be FDIC insured up to $1.5 million for individual accounts and up to $3 million for joint accounts. The Insured Cash Account program leverages multiple banks so you can enjoy higher FDIC insurance coverage.

Who owns LPL Financial?

In 2005, LPL sold a 60% ownership stake to two private equity partners, Hellman & Friedman LLC and Texas Pacific Group, both strongly committed to maintaining the independence of the firm. In November 2010, the parent company of LPL, LPL Financial Holdings Inc., first became publicly traded on NASDAQ under symbol LPLA.

Is LPL undervalued?

LPL’s P/CF has been as high as 27.36 and as low as 1.82, with a median of 3.55, all within the past year. These figures are just a handful of the metrics value investors tend to look at, but they help show that LG Display is likely being undervalued right now.

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Who is LPL Financial competitors?

LPL Financial competitors include Southside Bank, Envestnet and Charles Schwab.

Is LPL Financial A brokerage?

LPL Financial is a registered investment advisor and a broker/dealer, which means that an LPL financial professional can offer you both investment advisory and brokerage services.

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