Mutual Funds and Exchange-Traded Products

Providing access to mutual funds and exchange-traded products (ETPs) allows advisors to develop well-planned, well-diversified investment approaches. LPL Financial offers a comprehensive selection of both mutual funds and ETPs, along with the robust technology needed to fully support all transactions.

Mutual Funds

With access to more than 450 top-load and no-load mutual funds, you can effectively design an investment blueprint for the individual needs of your clients. You can:

  • Manage portfolios on a non-discretionary commission basis or in a fee-based account.
  • Utilize LPL’s advanced technology, designed to make your mutual fund transactions easy and efficient.

Exchange-Traded Products (ETPs)

Enjoy expert support and the tools needed to analyze and manage all aspects of ETPs.

  • Available ETPs include exchange-traded funds (ETFs) and exchange-traded notes (ETNs).
  • LPL works with more than 35 established ETF and ETN providers.

You can choose from a complete lineup of closed-end funds and unit investment trusts (UITs) offered by a range of providers.


Amounts invested in mutual funds are subject to fluctuations in value and market risk. Shares, when redeemed, may be worth more or less than their original cost.

An investment in Exchange Traded Product (ETPs), structured as a mutual fund, note, or unit investment trust should be considered as part of an overall program, not a complete investment program. An investment in ETPs involves risks such as: market, non-diversification, price volatility, liquidity, competitive industry pressure, international political and economic developments, possible trading halts, and index tracking error.