Maximize the Benefits of an LPL Affiliation
Independent Advisor Group is proud to be aligned with LPL Financial,
one of the nation's largest Broker Dealers*.
For more than two decades, IAG has been affiliated with LPL Financial. As one of the top 1% of all LPL Financial firms**, IAG demonstrates the success of our model in enhancing the independent advisory practice year after year. As a result, we enjoy a particularly strong relationship with LPL and leverage the support and attention for all of our Advisors.
LPL Financial was formed in 1989 through the merger of two small brokerage firms, Linsco and Private Ledger (founded in 1968 and 1973, respectively).By merging these two companies, the founders of LPL sought to create a trusted alternative to Wall Street firms, one in which financial Advisors could build highly competitive businesses while always doing what is right for their Clients.
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 the symbol LPLA.
As one of the nation's leading independent Broker Dealers, LPL offers an integrated platform of proprietary technology, brokerage, and investment advisor services to more than 14,000 financial Advisors and approximately 700 financial institutions. LPL also supports more than 4,000 other financial Advisors with customized clearing solutions, advisory platforms, and technology.
For more information about LPL Financial, visit www.lpl.com
Insight from LPL
LPL Financial publishes regular research reports on topics important to your practice. We value their insights and share them here.