LPL Financial 

LPL Financial is one of the leading financial services companies and the largest independent broker/dealer in the nation*. 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. A chief objective of LPL Financial is to reduce the complexity of running a financial services practice so advisors can focus on what they do best, which is help their clients attain their financial goals and fulfill their dreams.

Formed in 1989 through the merger of Linsco and Private Ledger (founded in 1968 and 1973, respectively), LPL was built on the belief that objective financial guidance benefits everyone—and advisors are best able to serve clients when they have access to innovative tools and solutions. 

With headquarters on both coasts, LPL Financial supports financial advisors in helping their clients by offering a robust mix of services and tools such as:

  • Enabling technology
  • Comprehensive clearing and compliance services
  • Practice management programs and training
  • Independent research


When you invest with an advisor who affiliates with LPL, your accounts are protected with multiple levels of security:

* Our Securities Investor Protection Corporation (SIPC) membership provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash.

*  In addition to SIPC protection, LPL purchases Excess of SIPC protection with an aggregate limit of $575 million.

Through our multi-bank sweep solutions, clients will receive the benefit of FDIC insurance: 

* Accounts eligible for the Insured Cash Account (ICA) will receive up to $2.5 million in coverage for single account holders and $5 million for joint accounts. 

* Accounts eligible for the Deposit Cash Account (DCA) will receive up to $2 million in coverage for single account holders. 

* ICA and DCA deposits are FDIC-insured to a maximum amount of $250,000 (including principal and accrued interest) per bank per legal capacity, and is aggregated with all other deposits held by you in the same recognized legal capacity at the same bank. Other investment holdings are subject to loss.

Regardless of investment type or size, we ensure your accounts are well protected. If you'd like more information on our SIPC membership, please visit for a brochure. For FDIC insurance coverage information, visit 


* 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