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LPL Financial Holdings Inc. (commonly referred to as LPL Financial) was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, [4] over US$1 trillion in advisory and brokerage assets, [5] and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. [6]
Invest Financial Corporation was an American broker/dealer that operated between 1982 and 2018 when it was acquired by LPL Financial. [ 1 ] Invest supervised and supported both financial institutions and independent registered representatives who offered advisory services, investment and insurance products . [ 1 ]
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By January 26th, 1998, LPL Financial Services had launched a broker workstation across 2,700 registered representatives. This was a complete front-back office system for stocks, options, mutual funds and annuities, digiTRADE PRO integrates a customized LPL front-end with digiTRADE's trading applications, and will allow LPL's reps to place ...
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3 "The Principal Financial Group" and "The Principal" are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group. 4 As of June 30, 2013 ...