LPL Financial Launches M&A Solutions to Support Advisors’ Growth Goals, Unlock Practice Value at Sale

February 11, 2021

“LPL’s mission to simplify advisor M&A led us to create one of the industry’s only services that provides resources, support and execution facilitated by an in-house team of professionals.” – Jeremy Holly

CHARLOTTE, N.C. – Feb. 11, 2020 – LPL Financial LLC, a leading retail investment advisory firm, registered investment advisor (RIA) custodian and independent broker-dealer, announced today the launch of LPL Financial M&A Solutions, an enhanced suite of services offering strategic support and a digital experience to help advisors grow through acquisition or unlock the value of their practice at sale.

LPL’s M&A Solutions—the sixth offering in the firm’s suite of Business Solutions—provides end-to-end support for advisors throughout the mergers and acquisition process. Designed to be fast, efficient and cost-effective, the M&A Solutions team delivers enhanced services and resources tailored to each advisor’s individual goals and needs. The solution’s newest services provide personalized, one-on-one support specific to advisors who are looking to acquire new practices or sell part or all of their business.

What M&A Solutions Provides

An innovative new program designed for buyers provides advisors with access to information and support to help them differentiate themselves in the marketplace and enhance their position as a qualified buyer, so they are ready to take action when the right opportunity arises. This premium level of support also gives buyers access to LPL’s M&A professionals, an exclusive first-look at practices for sale, discounted financing and more.

The seller support program guides advisors through defining their ideal buyer and preparing the practice for sale. LPL then assists sellers through each stage of the M&A process, helping position the practice for maximum value and fit, as well as facilitating the sale.

“As a partner to the largest network of independent advisors and business owners, we are committed to ensuring our clients can effectively participate in the M&A marketplace to realize their own unique goals,” said Jeremy Holly, LPL senior vice president and head of Advisor Financial Solutions. “LPL’s mission to simplify advisor M&A led us to create one of the industry’s only services that provides resources, support and execution facilitated by an in-house team of professionals. With the launch of our comprehensive support model, advisors now have a trusted partner to guide them through the M&A process. Our dedicated team and digital portal empower us to focus on the needs of our advisors, making it easier for buyers to pursue inorganic growth strategies and for sellers to monetize their business for maximum fit and value.”

LPL also provides comprehensive deal support services, which underpin the new buyer and seller programs and provides a digital platform to manage and execute M&A transactions. Through integration within ClientWorks, LPL’s advisor technology platform, advisors have the ability to closely monitor and track progress of existing deals and access resources and information.

About LPL Financial

LPL Financial is a leader in the retail financial advice market, the nation’s largest independent broker-dealer** and a leading custodian (or provider of custodial services) to RIAs. We serve independent financial advisors, professionals and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.

**Based on total revenues, Financial Planning magazine June 1996-2020.

Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor. Member FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.