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

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CHARLOTTE, N.C., Nov. 09, 2021 (Globe NEWSWIRE) — LPL Monetary LLC today announced the firm’s inaugural look in the 2021 America’s Most Liable Businesses list released by Newsweek and Statista. LPL was ranked No. 240 among the 400 corporations that share a commitment to creating shared worth and bettering society.

“This accomplishment is a recognition of our ongoing, collective endeavours to run our enterprise and serve our clients in the most socially liable way possible,” reported Dan Arnold, LPL president and CEO. “We go on to evolve our sustainable framework and put into action significant-effects initiatives to greatly enhance our social and environmental overall performance, and foster an inclusive economic method for all. We are very very pleased of what our staff has obtained, and searching ahead, we keep on being focused on creating beneficial, long lasting adjust for our employees, advisors and their clients.”

Businesses have been picked from two,000 community corporations across fourteen industries and judged in 3 parts – setting, social and company governance (ESG) – primarily based on company social obligation (CSR) reports and important overall performance indicators analysis. Also, surveys went out to extra than seven,five hundred U.S. residents to assemble perceptions of CSR functions of each and every firm.*

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

About LPL Monetary
LPL Monetary (Nasdaq: LPLA) was launched on the theory that the business must do the job for the advisor, and not the other way around. Now, LPL is a chief** in the markets we serve, supporting extra than 19,000 economic advisors, 800 establishment-primarily based financial investment programs and 450 impartial RIA firms nationwide. We are steadfast in our commitment to the advisor-centered product and the belief that People in america deserve entry to objective assistance from a economic advisor. At LPL, independence implies that advisors have the independence they deserve to decide on the enterprise product, providers, and technology sources that permit them to run their best apply. And they have the independence to regulate their client relationships, for the reason that they know their clients ideal. Only set, we get treatment of our advisors, so they can get treatment of their clients.

*For the next time, Newsweek and Statista are honoring America’s Most Liable Businesses primarily based on publicly readily available important overall performance indicators derived from CSR Reports, Sustainability Reports, and Company Citizenship Reports as well as an impartial survey. The analysis was carried out in a four-stage approach, beginning with a pool of above two,000 corporations that have been screened by unique requirements. All the corporations that handed the pre-screening (carried out in June and July 2020) have been analyzed in detail. The in depth analysis consisted of an impartial survey among the extra than seven,five hundred U.S. residents and analysis primarily based on publicly readily available important overall performance indicators derived from Company Yearly Reports, CSR Reports, Sustainability Reports, and Company Citizenship Reports. The impartial survey was administered making use of an on-line entry panel. The survey took an common of 10 minutes to entire and the industry period of time ran in September 2020.

**Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Independent Broker-Dealer in the U.S (Dependent on complete revenues, Monetary Scheduling magazine 1996-2021) No. 1 company of 3rd-get together brokerage providers to banking institutions and credit rating unions (2020-2021 Kehrer Bielan Research & Consulting Yearly TPM Report) Fortune five hundred as of June 2021

Securities and advisory providers available by means of LPL Monetary LLC, an SEC- registered broker-vendor and financial investment advisor. Member FINRA/SIPC.

Through this communication, the conditions “financial advisors” and “advisors” are employed to refer to registered reps and/or financial investment advisor reps affiliated with LPL Monetary LLC. We routinely disclose data that could be vital to shareholders in the “Investor Relations” or “Press Releases” part of our site.

LPL Monetary, Newsweek and Statista are all separate entities.

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Lauren Hoyt-Williams
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