LPL Financial started in 1989 through combining Linsco (established in 1968) and Private Ledger (founded in 1973). More than 2,400 employees in the San Diego, Boston, and Charlotte headquarters, assist advisors who work with LPL Financial. In November 2010, the parent company of LPL Financial, LPL Investment Holdings Inc., became publicly traded on NASDAQ under symbol LPLA. LPL Financial is currently the number one independent broker dealer in the country*.
San Diego, CA
As an independent services parent firm, they have no proprietary products, thus providing unbiased, conflict-free advice and investment recommendations and back office support. They provide objective research and operations assistance to LPL Branch offices in every state in the nation.
Visit http://lplfinancial.lpl.com/About_LPL_Financial.htm for more information.
* As reported by Financial Planning magazine, June 1996-2011, based on total revenue.