LPL Financial Holdings Inc.

LPL Financial was formed in 1989 through the merger of two small brokerage firms. Linsco & Private Ledger (founded in 1968 and 1973, respectively).By merging these two companies, the founders of LPL sought to create a trusted alternative to Wall Street firms, one in which financial advisors could build highly competitive businesses while always doing what is right for their clients. Today, we are the largest independent broker/dealer in the country* supporting more than 16,000 financial advisors.In 2005, LPL sold a 60% ownership stake to two private equity partners, Hellman & Friedman LLC and Texas Pacific Group, both strongly committed to maintaining the independence of the firm.


Bank Name LPL Financial Holdings Inc.
Stock Exchange NASDAQ
Symbol LPLA
Sector Financial Services
Industry Investment Bankers/Brokers/Service
Country United States
World Region Amarica
CEO Mr. Dan Hogan Arnold Jr.
Employees 3838
Registered Year 1968