LPL Focus 2015

LPL Financial Announces Fee Reductions for Centrally-Managed Advisory Platforms


Advisors and investors will benefit from lower costs, including elimination of IRA maintenance fees

LPL Financial LLC, the nation's largest independent broker-dealer*, registered investment advisor (RIA), a custodian for and leading service provider to registered investment advisors, and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that it is eliminating selected fees from its Model Wealth Portfolios (MWP) and Optimum Market Portfolios (OMP) advisory platforms. The announcement was made at LPL Focus 2015, one of the industry’s largest conferences, attended by approximately 7,000 people.

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