April 25, 2024


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

CHARLOTTE, N.C., Nov. 09, 2021 (Globe NEWSWIRE) — LPL Monetary LLC now announced the firm’s inaugural overall look in the 2021 America’s Most Responsible Organizations checklist published by Newsweek and Statista. LPL was ranked No. 240 among four hundred corporations that share a determination to creating shared benefit and bettering society.

“This accomplishment is a recognition of our ongoing, collective attempts to run our enterprise and serve our clients in the most socially liable way attainable,” reported Dan Arnold, LPL president and CEO. “We proceed to evolve our sustainable framework and apply substantial-effects initiatives to increase our social and environmental overall performance, and foster an inclusive economic process for all. We are amazingly happy of what our staff has reached, and seeking ahead, we stay focused on creating beneficial, long lasting transform for our workers, advisors and their clients.”

Organizations ended up picked from 2,000 public corporations across fourteen industries and judged in a few parts – natural environment, social and corporate governance (ESG) – based on corporate social accountability (CSR) reports and vital overall performance indicators analysis. On top of that, surveys went out to a lot more than seven,five hundred U.S. residents to acquire perceptions of CSR functions of each and every corporation.*

In 2021, LPL issued its third Company Sustainability Report, showcasing the firm’s social accountability in action. See Newsweek’s comprehensive checklist of America’s Most Responsible Organizations 2021.

About LPL Monetary
LPL Monetary (Nasdaq: LPLA) was launched on the principle that the company should really work for the advisor, and not the other way all around. Right now, LPL is a chief** in the marketplaces we serve, supporting a lot more than 19,000 economic advisors, 800 establishment-based financial commitment packages and 450 impartial RIA companies nationwide. We are steadfast in our determination to the advisor-centered design and the perception that Us residents are worthy of entry to goal steerage from a economic advisor. At LPL, independence implies that advisors have the freedom they are worthy of to decide on the enterprise design, services, and technological know-how sources that permit them to run their best apply. And they have the freedom to deal with their client associations, for the reason that they know their clients ideal. Simply just place, we just take treatment of our advisors, so they can just take treatment of their clients.

*For the 2nd time, Newsweek and Statista are honoring America’s Most Responsible Organizations based on publicly readily available vital overall performance indicators derived from CSR Reviews, Sustainability Reviews, and Company Citizenship Reviews as properly as an impartial study. The investigation was carried out in a 4-section course of action, starting up with a pool of in excess of 2,000 corporations that ended up screened by different criteria. All the corporations that handed the pre-screening (carried out in June and July 2020) have been analyzed in element. The detailed investigation consisted of an impartial study among a lot more than seven,five hundred U.S. residents and analysis based on publicly readily available vital overall performance indicators derived from Company Once-a-year Reviews, CSR Reviews, Sustainability Reviews, and Company Citizenship Reviews. The impartial study was administered applying an online entry panel. The study took an common of 10 minutes to comprehensive and the industry time period ran in September 2020.

**Leading RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Unbiased Broker-Vendor in the U.S (Primarily based on full revenues, Monetary Scheduling magazine 1996-2021) No. one provider of third-get together brokerage services to banking companies and credit history unions (2020-2021 Kehrer Bielan Investigation & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021

Securities and advisory services presented by LPL Monetary LLC, an SEC- registered broker-supplier and financial commitment advisor. Member FINRA/SIPC.

Through this communication, the terms “financial advisors” and “advisors” are employed to refer to registered representatives and/or financial commitment advisor representatives affiliated with LPL Monetary LLC. We routinely disclose details that may be important to shareholders in the “Investor Relations” or “Press Releases” part of our web site.

LPL Monetary, Newsweek and Statista are all different entities.

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