Private Wealth Management Advisors

LPL Financial’s elevated solutions for advisors who serve high-net-worth clients. 

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Independence Plus Robust High-Net-Worth Capabilities

As a Private Wealth Advisor with LPL, you’ll find a more advantageous payout than other W2 models, complete ownership of your client relationships, and a dedicated support team — all perfectly balanced with autonomy and robust high-net-worth capabilities. You’ll also have a dedicated support team behind you and an ecosystem of robust resources at your disposal as you solve for your clients’ unique and sophisticated needs, including:

  • Investments, philanthropic planning, estate planning, income tax planning, business owner services, risk management and insurance planning, and banking and lending
  • Dedicated advance planning professionals (including CPAs and attorneys)1
  • Financial Analyst (CFA®) portfolio consultants
  • Direct access to specialized subject-matter experts
  • Comprehensive reporting tools

Comprehensive High-Net-Worth Capabilities

Steven Bailin, CFP®, and his partners at Orion Capital were looking for a firm that could support their high-net-worth and ultra-high-net-worth clients with elevated solutions and robust security measures — and they found all that and more in LPL Financial. 

Everything You Expect and More

At LPL Financial, you gain everything you would expect from a Private Wealth offering with dramatically higher advisor economics.

Higher Payout

Maximize your earnings (50-70%)2 with a highly competitive and simple W2 payout structure coupled with sophisticated capabilities to support and grow your high-net-worth business. LPL pays you on all your client accounts — no minimums required.

Complete Infrastructure

With support at every turn, you’ll have a real estate team securing and designing a beautiful office space, our industry-leading transition team, dedicated marketing support, business solutions, and more. You’ll also have the flexibility to bring your entire team along with you.

Client Ownership

You own your client relationships; we believe that’s how it should be. You maintain full discretion to transition your financial business elsewhere in the future. If you decide to transition your book from LPL, we offer seamless transition options.

 

Autonomy

Enjoy more freedom in setting your business goals and serving your clients the way you want. You’re free from proprietary products, assigned growth targets, imposed small household policies, or length-of-service requirements. LPL’s customizable platforms, open-architecture, and cutting-edge technology give you the options and flexibility you deserve.

Benefits of LPL’s Employee Model, Linsco 

 

 

As a unique employee model, Linsco is the perfect fit for financial advisors and teams who are seeking autonomy but with the utmost security, stability, and support.

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Book Ownership

Your book is in your hands. LPL puts in writing that you own your client relationships and maintain the right to sell your business in the future. And if you do choose to leave, LPL won’t compete for your clients. 

Higher Payouts

You should be able to keep more of the money you earn — no strings attached. That’s why LPL has no mandatory deferred compensation or required growth hurdles. Instead, you’ll find a simple cash payout grid and the most competitive payouts in the employee advisor market, ranging from 50-70%.  

Greater Autonomy

You’re free to work remotely, join an existing office, or start a new office as an anchor tenant. And because LPL doesn’t have proprietary products or small household policies, you’re free to serve your clients without business conflicts that prevent you from providing clear wealth management advice. 

LPL’s Scale and Stability

You become part of the nation’s largest advisor network. LPL Financial serves over 22,000 advisors and 8 million client accounts, $1.2 trillion brokerage and advisory client assets,3 and $130 billion high-net-worth brokerage and advisory client assets.4

Curate Your Ideal Level of Private Wealth Support

Hear how LPL’s robust ecosystem of open-architecture products and services for high-net-worth clients have been a gamechanger for these LPL advisors.

LPL Advisor Paths

As an advisor, growing your financial practice means having a continuous commitment to learning and evolving. Read through actionable strategies and insights you can use to efficiently run your business, as well as the latest news and updates from LPL Financial.

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Disclosures

1 Available to advisors who are in LPL’s employee model with $1.75M+ revenue

2 Advance planning services do not include legal or tax advice.

3 $1.2 Trillion+ Brokerage and advisory client assets serviced or custodied

4 $130 Billion+ High-net-worth brokerage and advisory client assets, serviced or custodied

 

Data as of September 2023. High-net-worth households defined as $5M+ in total client assets.

The views and opinions expressed by the Financial Advisor(s) may not be representative of the views of other Financial Advisors and are not indicative of future performance or success. Neither LPL Financial nor the LPL Financial Advisor(s) can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Advisor firms listed and LPL Financial are separate entities.

For Financial Professional Use Only.