April 21, 2024


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

CHARLOTTE, N.C., Nov. 09, 2021 (Globe NEWSWIRE) — LPL Economic LLC right now declared the firm’s inaugural visual appearance in the 2021 America’s Most Liable Firms listing released by Newsweek and Statista. LPL was ranked No. 240 amid four hundred corporations that share a motivation to developing shared worth and bettering modern society.

“This accomplishment is a recognition of our ongoing, collective attempts to run our business and serve our clientele in the most socially dependable way feasible,” stated Dan Arnold, LPL president and CEO. “We carry on to evolve our sustainable framework and implement superior-affect initiatives to boost our social and environmental effectiveness, and foster an inclusive economic procedure for all. We are incredibly proud of what our group has realized, and looking in advance, we continue to be centered on developing optimistic, lasting alter for our workers, advisors and their clientele.”

Firms ended up chosen from two,000 public corporations across 14 industries and judged in 3 places – environment, social and corporate governance (ESG) – based mostly on corporate social responsibility (CSR) studies and crucial effectiveness indicators exploration. On top of that, surveys went out to additional than seven,500 U.S. citizens to get perceptions of CSR actions of just about every corporation.*

In 2021, LPL issued its 3rd Corporate Sustainability Report, showcasing the firm’s social responsibility in action. See Newsweek’s total listing of America’s Most Liable Firms 2021.

About LPL Economic
LPL Economic (Nasdaq: LPLA) was established on the principle that the organization must function for the advisor, and not the other way all around. Right now, LPL is a leader** in the marketplaces we serve, supporting additional than 19,000 economic advisors, 800 institution-based mostly investment programs and 450 impartial RIA corporations nationwide. We are steadfast in our motivation to the advisor-centered model and the belief that Americans are worthy of accessibility to objective assistance from a economic advisor. At LPL, independence signifies that advisors have the independence they are worthy of to choose the business model, services, and know-how methods that allow them to run their excellent observe. And they have the independence to regulate their customer associations, for the reason that they know their clientele most effective. Basically put, we get treatment of our advisors, so they can get treatment of their clientele.

*For the second time, Newsweek and Statista are honoring America’s Most Liable Firms based mostly on publicly readily available crucial effectiveness indicators derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports as perfectly as an impartial study. The examination was carried out in a four-period method, beginning with a pool of more than two,000 corporations that ended up screened by distinct standards. All the corporations that passed the pre-screening (carried out in June and July 2020) have been analyzed in depth. The comprehensive examination consisted of an impartial study amid additional than seven,500 U.S. citizens and exploration based mostly on publicly readily available crucial effectiveness indicators derived from Corporate Annual Reports, CSR Reports, Sustainability Reports, and Corporate Citizenship Reports. The impartial study was administered utilizing an on the net accessibility panel. The study took an typical of 10 minutes to comprehensive and the field period ran in September 2020.

**Top rated RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Unbiased Broker-Supplier in the U.S (Primarily based on overall revenues, Economic Setting up journal 1996-2021) No. one supplier of 3rd-social gathering brokerage services to banking companies and credit rating unions (2020-2021 Kehrer Bielan Investigate & Consulting Annual TPM Report) Fortune 500 as of June 2021

Securities and advisory services presented by means of LPL Economic LLC, an SEC- registered broker-seller and investment advisor. Member FINRA/SIPC.

All through this communication, the terms “financial advisors” and “advisors” are made use of to refer to registered associates and/or investment advisor associates affiliated with LPL Economic LLC. We routinely disclose information that may perhaps be important to shareholders in the “Investor Relations” or “Press Releases” segment of our internet site.

LPL Economic, Newsweek and Statista are all different entities.

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Media Get hold of:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]