Retirement Plan Consulting Program

LPL Financial Expands Advisor Access to its Retirement Plan Consulting Program

July 31, 2018

LPL Financial

LPL Financial today announced revised business requirements that broaden access to its Retirement Plan Consulting Program (RPCP). Going forward, qualifying advisors are eligible to service retirement plans in an advisory capacity by satisfying updated criteria.

“We are committed to providing the specialized resources and expertise that can help our advisors manage and grow their practices. Retirement plans are an important part of many advisors’ practices, and we know these advisors appreciate having a choice of comprehensive platforms and programs to service their retirement plan clients. With this change, we are able to offer both advisory and brokerage options to better serve the needs of our advisors and their clients,” said Christina Marschinke, LPL senior vice president, retirement plan services. “By leveraging our size and scale, we are able to serve more advisors in this market with deepened capabilities that can help them differentiate their business.”

RPCP is a solution for advisors serving retirement plans by offering fee transparency and the ability to provide fiduciary services for the plan’s investments. To qualify, advisors must meet various eligibility requirements, including having a required designation, completing the required training and using LPL’s Tool Suite or an approved alternative.

Related Links:

Learn more about LPL’s Retirement Partners offering.

Read how LPL’s Government Relations team lobbies for increased retirement plan access for small businesses.