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

CHARLOTTE, N.C., Nov. 09, 2021 (World NEWSWIRE) — LPL Financial LLC currently declared the firm’s inaugural look in the 2021 America’s Most Accountable Providers listing revealed by Newsweek and Statista. LPL was rated No. 240 amongst four hundred businesses that share a motivation to developing shared price and bettering modern society.

“This accomplishment is a recognition of our ongoing, collective efforts to operate our business enterprise and provide our purchasers in the most socially accountable way feasible,” said Dan Arnold, LPL president and CEO. “We proceed to evolve our sustainable framework and implement higher-impression initiatives to enrich our social and environmental effectiveness, and foster an inclusive economical method for all. We are very happy of what our team has obtained, and wanting in advance, we keep on being targeted on developing constructive, long lasting alter for our employees, advisors and their purchasers.”

Providers ended up chosen from two,000 public businesses throughout fourteen industries and judged in three places – ecosystem, social and corporate governance (ESG) – primarily based on corporate social accountability (CSR) stories and vital effectiveness indicators investigation. In addition, surveys went out to much more than seven,five hundred U.S. inhabitants to obtain perceptions of CSR pursuits of every firm.*

In 2021, LPL issued its third Corporate Sustainability Report, showcasing the firm’s social accountability in action. See Newsweek’s complete listing of America’s Most Accountable Providers 2021.

About LPL Financial
LPL Financial (Nasdaq: LPLA) was founded on the basic principle that the agency should function for the advisor, and not the other way about. Currently, LPL is a chief** in the markets we provide, supporting much more than 19,000 economical advisors, 800 institution-primarily based financial investment applications and 450 independent RIA corporations nationwide. We are steadfast in our motivation to the advisor-centered product and the belief that People are entitled to accessibility to objective steerage from a economical advisor. At LPL, independence signifies that advisors have the independence they are entitled to to choose the business enterprise product, solutions, and technological know-how methods that make it possible for them to operate their best practice. And they have the independence to control their consumer relationships, simply because they know their purchasers most effective. Simply just set, we consider treatment of our advisors, so they can consider treatment of their purchasers.

*For the next time, Newsweek and Statista are honoring America’s Most Accountable Providers primarily based on publicly offered vital effectiveness indicators derived from CSR Experiences, Sustainability Experiences, and Corporate Citizenship Experiences as perfectly as an independent study. The examination was carried out in a four-section process, starting off with a pool of about two,000 businesses that ended up screened by distinct requirements. All the businesses that passed the pre-screening (carried out in June and July 2020) have been analyzed in element. The detailed examination consisted of an independent study amongst much more than seven,five hundred U.S. inhabitants and investigation primarily based on publicly offered vital effectiveness indicators derived from Corporate Once-a-year Experiences, CSR Experiences, Sustainability Experiences, and Corporate Citizenship Experiences. The independent study was administered applying an on the net accessibility panel. The study took an common of ten minutes to total and the area time period ran in September 2020.

**Prime RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Independent Broker-Vendor in the U.S (Based on overall revenues, Financial Organizing magazine 1996-2021) No. 1 service provider of third-bash brokerage solutions to banking institutions and credit rating unions (2020-2021 Kehrer Bielan Research & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021

Securities and advisory solutions presented by way of LPL Financial LLC, an SEC- registered broker-vendor and financial investment advisor. Member FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are employed to refer to registered representatives and/or financial investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose info that may well be important to shareholders in the “Investor Relations” or “Press Releases” area of our website.

LPL Financial, Newsweek and Statista are all independent entities.

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Media Get in touch with:
Lauren Hoyt-Williams
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