17/01/2022

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Newsweek Report Ranks LPL Financial Among America’s Most Responsible Companies

CHARLOTTE, N.C., Nov. 09, 2021 (World NEWSWIRE) — LPL Economical LLC nowadays introduced the firm’s inaugural visual appearance in the 2021 America’s Most Accountable Providers checklist revealed by Newsweek and Statista. LPL was rated No. 240 among the 400 providers that share a motivation to generating shared price and bettering modern society.

“This accomplishment is a recognition of our ongoing, collective endeavours to run our business enterprise and provide our consumers in the most socially dependable way achievable,” said Dan Arnold, LPL president and CEO. “We go on to evolve our sustainable framework and employ superior-effect initiatives to enrich our social and environmental functionality, and foster an inclusive economical program for all. We are amazingly very pleased of what our staff has attained, and hunting ahead, we continue being concentrated on generating positive, lasting improve for our staff members, advisors and their consumers.”

Providers were being chosen from 2,000 general public providers throughout 14 industries and judged in three regions – ecosystem, social and company governance (ESG) – primarily based on company social responsibility (CSR) studies and essential functionality indicators exploration. Furthermore, surveys went out to extra than 7,five hundred U.S. residents to acquire perceptions of CSR routines of each individual enterprise.*

In 2021, LPL issued its 3rd Company Sustainability Report, showcasing the firm’s social responsibility in motion. See Newsweek’s whole checklist of America’s Most Accountable Providers 2021.

About LPL Economical
LPL Economical (Nasdaq: LPLA) was established on the theory that the agency really should get the job done for the advisor, and not the other way all around. Currently, LPL is a leader** in the markets we provide, supporting extra than 19,000 economical advisors, 800 institution-primarily based financial investment plans and 450 impartial RIA companies nationwide. We are steadfast in our motivation to the advisor-centered model and the perception that Americans have earned entry to objective steerage from a economical advisor. At LPL, independence implies that advisors have the freedom they have earned to decide on the business enterprise model, services, and technologies sources that let them to run their fantastic follow. And they have the freedom to take care of their client associations, due to the fact they know their consumers very best. Basically set, we acquire treatment of our advisors, so they can acquire treatment of their consumers.

*For the next time, Newsweek and Statista are honoring America’s Most Accountable Providers primarily based on publicly readily available essential functionality indicators derived from CSR Studies, Sustainability Studies, and Company Citizenship Studies as very well as an impartial survey. The examination was carried out in a 4-phase procedure, beginning with a pool of more than 2,000 providers that were being screened by various criteria. All the providers that handed the pre-screening (carried out in June and July 2020) have been analyzed in depth. The specific examination consisted of an impartial survey among the extra than 7,five hundred U.S. residents and exploration primarily based on publicly readily available essential functionality indicators derived from Company Annual Studies, CSR Studies, Sustainability Studies, and Company Citizenship Studies. The impartial survey was administered utilizing an on-line entry panel. The survey took an ordinary of ten minutes to comprehensive and the industry period of time ran in September 2020.

**Major RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. one Impartial Broker-Supplier in the U.S (Based mostly on overall revenues, Economical Setting up journal 1996-2021) No. one provider of 3rd-occasion brokerage services to financial institutions and credit history unions (2020-2021 Kehrer Bielan Study & Consulting Annual TPM Report) Fortune five hundred as of June 2021

Securities and advisory services supplied via LPL Economical LLC, an SEC- registered broker-supplier and financial investment advisor. Member FINRA/SIPC.

Throughout this conversation, the terms “financial advisors” and “advisors” are employed to refer to registered representatives and/or financial investment advisor representatives affiliated with LPL Economical LLC. We routinely disclose details that may perhaps be important to shareholders in the “Investor Relations” or “Press Releases” segment of our web-site.

LPL Economical, Newsweek and Statista are all different entities.

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Media Make contact with:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]