LPL Financial Holdings

The largest independent broker-dealer in the United States, LPL Financial Holdings provides a range of services and products to independent financial advisors and institutions across the country, including retirement plan products, annuities, alternative investments, mutual funds, and insurance, as well as proprietary technology, compliance, and back-office support tools. For institutions like banks and credit unions, LPL Financial offers financial advisory services to their clients and helps improve efficiency through its technology offerings. The company was formed when two smaller brokerage companies, Linsco and Private Ledger, merged in 1989.