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

CHARLOTTE, N.C., Nov. 09, 2021 (Globe NEWSWIRE) — LPL Monetary LLC nowadays declared the firm’s inaugural overall look in the 2021 America’s Most Dependable Businesses list published by Newsweek and Statista. LPL was rated No. 240 amid four hundred organizations that share a motivation to generating shared price and bettering culture.

“This accomplishment is a recognition of our ongoing, collective initiatives to operate our organization and provide our shoppers in the most socially liable way achievable,” claimed Dan Arnold, LPL president and CEO. “We carry on to evolve our sustainable framework and put into action substantial-effect initiatives to enrich our social and environmental general performance, and foster an inclusive monetary method for all. We are amazingly happy of what our team has realized, and hunting in advance, we continue to be centered on generating constructive, long lasting change for our staff, advisors and their shoppers.”

Businesses have been picked from 2,000 public organizations across 14 industries and judged in 3 locations – surroundings, social and corporate governance (ESG) – primarily based on corporate social responsibility (CSR) reports and vital general performance indicators research. Moreover, surveys went out to far more than seven,five hundred U.S. citizens to obtain perceptions of CSR actions of every company.*

In 2021, LPL issued its 3rd Company Sustainability Report, showcasing the firm’s social responsibility in action. See Newsweek’s total list of America’s Most Dependable Businesses 2021.

About LPL Monetary
LPL Monetary (Nasdaq: LPLA) was started on the theory that the agency must work for the advisor, and not the other way all around. Nowadays, LPL is a chief** in the markets we provide, supporting far more than 19,000 monetary advisors, 800 establishment-primarily based expenditure programs and 450 independent RIA firms nationwide. We are steadfast in our motivation to the advisor-centered model and the perception that People deserve accessibility to aim advice from a monetary advisor. At LPL, independence suggests that advisors have the independence they deserve to pick out the organization model, providers, and know-how sources that permit them to operate their best apply. And they have the independence to regulate their client relationships, since they know their shoppers very best. Just put, we choose treatment of our advisors, so they can choose treatment of their shoppers.

*For the second time, Newsweek and Statista are honoring America’s Most Dependable Businesses primarily based on publicly accessible vital general performance indicators derived from CSR Reports, Sustainability Reports, and Company Citizenship Reports as very well as an independent study. The evaluation was carried out in a four-stage system, setting up with a pool of above 2,000 organizations that have been screened by unique criteria. All the organizations that handed the pre-screening (carried out in June and July 2020) have been analyzed in detail. The comprehensive evaluation consisted of an independent study amid far more than seven,five hundred U.S. citizens and research primarily based on publicly accessible vital general performance indicators derived from Company Yearly Reports, CSR Reports, Sustainability Reports, and Company Citizenship Reports. The independent study was administered working with an on line accessibility panel. The study took an typical of ten minutes to entire and the subject period ran in September 2020.

**Major RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Impartial Broker-Supplier in the U.S (Primarily based on overall revenues, Monetary Planning magazine 1996-2021) No. one company of 3rd-celebration brokerage providers to banking institutions and credit unions (2020-2021 Kehrer Bielan Study & Consulting Yearly TPM Report) Fortune five hundred as of June 2021

Securities and advisory providers available by LPL Monetary LLC, an SEC- registered broker-seller and expenditure advisor. Member FINRA/SIPC.

All through this conversation, the conditions “financial advisors” and “advisors” are utilized to refer to registered associates and/or expenditure advisor associates affiliated with LPL Monetary LLC. We routinely disclose information that could be critical to shareholders in the “Investor Relations” or “Press Releases” section of our website.

LPL Monetary, Newsweek and Statista are all individual entities.

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