LPL Financial enables advisors to open 99.5% of common account types online and immediately start performing trades.
As a self-clearing broker/dealer, LPL Financial executes your trades quickly and effectively from a single scalable and cost-effective platform featuring competitive price points. You can open 99.5% of common account types online (including most advisory accounts) and immediately start performing trades.
We process all trades and operations in a single location, which eliminates the middle man and allows you to experience significant cost savings through a single sophisticated platform. Without the need for a third party to conduct trades, a practice can save valuable time that can be prioritized for other business-building activities.
Additionally, broker/dealers, advisors, and institutions trading through the LPL platform have access to product, technology, and support solutions that can address client needs and facilitate business growth.
With LPL’s scope, scale, advanced technology, and extensive resources, you’re in a better competitive position to cater to your clients’ changing product and service needs, and build deeper relationships.
Straight-through processing means you can be confident your trades will receive the priority handling they deserve. When you choose to trade through LPL’s self-clearing platform, you connect with beneficial resources that support your business goals and bottom line.