LPL Financial Holdings Inc.

LPL Financial Holdings, Inc. operates as an advisor-mediated marketplace as an independent broker-dealer and is an investment advisory firm and a custodian. The company is headquartered in San Diego, California and currently employs 10,081 full-time employees. The company went IPO on 2010-11-18. The firm offers an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company serves independent financial advisors and institutions, providing them with technology solutions, brokerage and advisory platforms, clearing services, compliance services, consultative practice management programs and training, business services and planning and advice services, and in-house research. Through its custody and clearing platform, using both proprietary and third-party technology, it provides access to diversified financial products and services, enabling its advisors to offer personalized financial advice and brokerage services to retail investors. Its products include alternative investments, annuities, exchange-traded products, insurance-based products, mutual funds, and retirement plan products.