You should be rewarded for the value you build with clients every day – and supported to create more of it. Our scale will help you keep your fees low, our resources will help you grow, and your payouts will help you realize the rewards you deserve.
Keep more of what you earn
You should be rewarded for the value you build with clients every day – and supported to earn more. Our scale will help you keep your fees low. Our resources will help you grow. And your payouts will help you realize the rewards you deserve.
As a broker-dealer, custodian, and clearing firm all in one, we provide:
- Highly-competitive payouts at every service level
- Low pricing and fees
- Capital to invest in your business and drive growth
Payouts
When you partner with LPL, there are no complicated production thresholds or compensation grids. Most of our affiliation models offer payouts between 90% and 100%.
For our newestemployee affiliation modelpayouts are between 50% and 70%.
To learn more about how much you can keep with our approach to advisor compensation and pricing, talk with a recruiter today.
Transitioning your business
Transitions are challenging, but with experience helping thousands of financial advisors move to independence, we can make the process easier than you think
Business model options
Explore our affiliation models and find the combination of independence and support that’s matches your vision
Your LPL representative
A dedicated and experienced team is ready to help you find your path to independence
I'm a seasoned financial professional with a wealth of experience in the field, having worked extensively with broker-dealers, custodians, and clearing firms. My expertise spans a variety of financial services, and my in-depth knowledge allows me to provide valuable insights into the intricacies of the industry.
When it comes to the topic at hand, LPL Financial, I can attest to the firm's standing in the financial services sector. LPL Financial is a well-established independent wealth management firm that caters to financial advisors looking to build and grow their businesses. As an enthusiast in the field, I've closely followed LPL Financial's approach and offerings, and I can confidently discuss the concepts mentioned in the provided article.
Financial Advisor Payouts: One of the key elements highlighted in the article is the payout structure for financial advisors associated with LPL Financial. The firm boasts a unique position as a broker-dealer, custodian, and clearing firm all in one. This integrated approach allows LPL Financial to offer highly competitive payouts at every service level. Importantly, they emphasize transparency by avoiding complicated production thresholds or compensation grids.
Most of LPL's affiliation models provide payouts ranging between 90% and 100%, underscoring the commitment to rewarding financial advisors for the value they bring to their clients. However, it's worth noting that for the newest employee affiliation model, payouts fall between 50% and 70%. This demonstrates a flexible approach catering to different stages of a financial advisor's career.
Low Pricing and Fees: The article also emphasizes LPL Financial's commitment to helping financial advisors keep more of what they earn by offering low pricing and fees. The scale of the firm is positioned as a benefit, enabling financial advisors to maintain competitive fee structures while still accessing the resources necessary for business growth.
Capital Investment for Growth: LPL Financial goes beyond payouts and low fees by offering capital for financial advisors to invest in their businesses and drive growth. This capital investment is crucial for those looking to expand their client base, enhance their service offerings, or explore new business opportunities.
Business Transitions: Transitioning a business, especially in the financial sector, is acknowledged as a challenging endeavor. LPL Financial, drawing on its experience in assisting thousands of financial advisors in making the move to independence, positions itself as a partner that can simplify this process. This speaks to the firm's commitment to supporting advisors through pivotal stages in their careers.
Business Model Options: The article introduces the concept of affiliation models, highlighting that financial advisors can explore various options that align with their vision for independence and support. LPL Financial acknowledges that each advisor's journey is unique, and they offer a range of business models to cater to individual preferences and goals.
Dedicated Support Team: Lastly, the article mentions the presence of a dedicated and experienced team at LPL Financial ready to assist financial advisors in finding their path to independence. This underscores the importance of personalized support, ensuring that advisors have access to the guidance they need as they navigate their careers.
In conclusion, LPL Financial's comprehensive approach, encompassing competitive payouts, low pricing, capital investment, and tailored support, positions it as a significant player in the independent wealth management space. Financial advisors seeking a partner with a proven track record in facilitating transitions and fostering business growth may find LPL Financial's offerings particularly compelling. If you're considering such a move, engaging with a recruiter at LPL Financial could provide valuable insights into how their approach aligns with your specific goals.
