Six LPL Financial Independent Advisors Ranked Among The Best in The Industry Nationwide

CHARLOTTE, N.C. – Aug. 30,  2016 – Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that six independent advisors affiliated with LPL Financial were ranked among the Top 100 Independent Financial Advisors in America by Barron’s, a leading financial publication.

Top-ranking LPL advisors include:

• #2 - Ron Carson, Carson Wealth Management, Omaha, Neb.
• #6 - Charles Zhang, Zhang Financial, Portage, Mich.
• #25 - Susan Kaplan, Kaplan Financial Services, Newton, Mass.
• #33 - Laila Pence, Pence Wealth Management, Newport Beach, Calif.
• #45 - Robert Fragasso, Fragasso Financial Advisors, Pittsburgh, Pa.
• #99 - Erin Botsford, Botsford Financial Group, Frisco, Texas

"We are thrilled to see these LPL advisors recognized as elite professionals in our industry," said Andy Kalbaugh, LPL managing director and divisional president, Relationship Management and Business Consulting. "It’s a proud moment for us to see all of these advisors move to higher spots on the list and to welcome one more LPL advisor to the list with the addition of Erin. It affirms our belief that the independent model enables advisors to grow their businesses in ways that have the most meaning and impact to their firms and to their clients. We wish them continued success and are proud to support them.”

Selection for the list is based on data provided by financial advisors across the country, evaluating assets under management, revenue generated for the firm, regulatory record and overall quality of their practice.

The full Barron's Top 100 Independent Financial Advisors for 2016 list can be found at Barrons.com.

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $500 billion in brokerage and advisory assets as of July 31, 2016. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and Independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 45,000 retirement plans with an estimated $124 billion in retirement plan assets, as of June 30, 2016. LPL also supports approximately 4,200 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

Securities and Advisory Services offered through LPL Financial. A registered investment advisor, Member FINRA/SIPC.

LPL Financial and Barron's Magazine are not affiliated entities. LPL Financial, Carson Wealth Management, Zhang Financial, Pence Wealth Management, Kaplan Financial Services, Fragrasso Financial Advisors and Bostford Financial Group are all separate entities.

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Media Contact:

Lauren Hoyt-Williams

980-321-1232

Lauren.Hoyt-Williams@lpl.com