LPL Street View: What Does LPL Stand For?

Posted by

Market Blog

Wednesday, June 23, 2021

LPL Financial recently hit two major milestones. First off, we hit more than $1 trillion in assets from our more than 18,000 advisors and their more than six million client accounts. The other big milestone is we officially made the Fortune 500 for the first time in our company’s history.

We are very proud of these milestones, but there are still great opportunities ahead of us. But what are we doing that has helped us hit these recent milestones? And why are we only just getting started? At the end of the day, it is all about helping our advisors grow their businesses. Our mission statement is we take care of our advisors, so they can take care of their clients. That is what LPL stands for and what we are all about. Helping our advisors help their clients.

For more on this, please watch this recent Street View video with LPL Financial Chief Market Strategist Ryan Detrick, as he discusses what we are all about, but also tells a funny story about what LPL doesn’t stand for. You can watch the video from our YouTube channel or below.

 

IMPORTANT DISCLOSURES

This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.

References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

All index and market data from FactSet and MarketWatch.

This Research material was prepared by LPL Financial, LLC.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).

Insurance products are offered through LPL or its licensed affiliates.  To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL affiliate, please note LPL makes no representation with respect to such entity.

  • Not Insured by FDIC/NCUA or Any Other Government Agency
  • Not Bank/Credit Union Guaranteed
  • Not Bank/Credit Union Deposits or Obligations
  • May Lose Value

For Public Use – Tracking 1-05159248