LPL has done a considerable amount of work laying the technology foundation for the future, but much of the work was not apparent to advisors. Joel Bruckenstein provides his thoughts after attending the LPL Focus Conference.
LPL Financial is difficult to overlook. They serve over 14,000 financial advisors. In addition, their serves Institution Services arm serves approximately 700 regional and community banks and credit unions. Institution Services also provides clearing services to approximately 4,000 advisors affiliated and licensed with insurance companies through a unique outsourcing arrangement.
