About LPL Financial & SIPC Insurance
About LPL Financial
LPL Financial is one of the leading financial services companies and the largest independent broker/dealer in the nation. LPL Financial has been ranked first among independent broker/dealers for 17 consecutive years*. 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. Today LPL Financial serves more than 13,000 advisors and approximately 680 financial institutions, proudly continuing its heritage of offering independent advice without conflicts of interest or proprietary products.
Supporting Financial Advisors
With headquarters on both coasts, LPL Financial offers financial advisors enabling technology, comprehensive clearing and compliance services, practice management programs and training, and independent research platforms. Through these offerings, LPL Financial is able to reduce complexity for advisors running their own practice, thereby allowing them to focus on what they do best—helping their clients to attain their financial goals and fulfill their life dreams.
Serving Main Street with Independent Advice
LPL Financial understands that providing Americans with objective investment advice is critical to their financial security. An experienced, proven, and objective partner, LPL Financial has no proprietary products, investment banking business, or any other conflicts that get in the way of providing independent, objective recommendations—just one way LPL Financial differs from Wall Street firms. LPL Financial also delivers in-depth research and timely perspectives about the ever-changing global economic marketplace, helping advisors help their clients understand and adjust to the latest financial developments.
For more information about LPL Financial, visit www.lpl.com.
* Based on total revenues as reported by Financial Planning magazine, June 1996-2013
How Your Money is Protected
At LPL Financial, Your Account Carries SIPC and Excess of SIPC Coverage
Please view the attached PDF document (right) for answers to Frequently Asked Questions about Excess of SIPC Coverage.
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. An explanatory brochure is available at www.sipc.org.
Additionally, through London Insurers, LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $575,000,000 subject to conditions and limitations.
The account protection applies when an SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments.
How We Are Regulated
LPL Financial is regulated by Federal, State, and self-regulatory agencies, including the following:
- Financial Industry Regulatory Authority (FINRA)
- Securities Exchange Commission (SEC)
- Securities Investor Protection Corporation (SIPC)
- Municipal Securities Rulemaking Board
- Electronic Municipal Market Access