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

CHARLOTTE, N.C., Nov. 09, 2021 (Globe NEWSWIRE) — LPL Financial LLC nowadays announced the firm’s inaugural look in the 2021 America’s Most Accountable Companies list revealed by Newsweek and Statista. LPL was rated No. 240 among the 400 corporations that share a determination to producing shared worth and bettering modern society.

“This accomplishment is a recognition of our ongoing, collective initiatives to run our small business and provide our customers in the most socially responsible way achievable,” explained Dan Arnold, LPL president and CEO. “We continue on to evolve our sustainable framework and carry out superior-influence initiatives to enhance our social and environmental efficiency, and foster an inclusive economical program for all. We are exceptionally happy of what our group has obtained, and seeking in advance, we continue to be concentrated on producing positive, long lasting improve for our workers, advisors and their customers.”

Companies were being chosen from 2,000 public corporations throughout fourteen industries and judged in three areas – natural environment, social and company governance (ESG) – primarily based on company social accountability (CSR) experiences and key efficiency indicators exploration. In addition, surveys went out to much more than seven,five hundred U.S. citizens to get perceptions of CSR things to do of every single organization.*

In 2021, LPL issued its third Company Sustainability Report, showcasing the firm’s social accountability in motion. See Newsweek’s comprehensive list of America’s Most Accountable Companies 2021.

About LPL Financial
LPL Financial (Nasdaq: LPLA) was established on the basic principle that the company must get the job done for the advisor, and not the other way all over. Currently, LPL is a leader** in the markets we provide, supporting much more than 19,000 economical advisors, 800 establishment-primarily based financial commitment packages and 450 independent RIA firms nationwide. We are steadfast in our determination to the advisor-centered design and the perception that People in america ought to have access to objective advice from a economical advisor. At LPL, independence usually means that advisors have the liberty they ought to have to pick out the small business design, solutions, and technological innovation methods that permit them to run their fantastic follow. And they have the liberty to deal with their consumer associations, since they know their customers greatest. Simply just put, we take care of our advisors, so they can take care of their customers.

*For the 2nd time, Newsweek and Statista are honoring America’s Most Accountable Companies primarily based on publicly readily available key efficiency indicators derived from CSR Stories, Sustainability Stories, and Company Citizenship Stories as nicely as an independent survey. The examination was carried out in a 4-phase system, commencing with a pool of more than 2,000 corporations that were being screened by various criteria. All the corporations that passed the pre-screening (carried out in June and July 2020) have been analyzed in detail. The specific examination consisted of an independent survey among the much more than seven,five hundred U.S. citizens and exploration primarily based on publicly readily available key efficiency indicators derived from Company Yearly Stories, CSR Stories, Sustainability Stories, and Company Citizenship Stories. The independent survey was administered working with an on the net access panel. The survey took an regular of ten minutes to entire and the industry period of time ran in September 2020.

**Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Unbiased Broker-Seller in the U.S (Based mostly on full revenues, Financial Arranging magazine 1996-2021) No. 1 service provider of third-occasion brokerage solutions to banking institutions and credit history unions (2020-2021 Kehrer Bielan Investigate & Consulting Yearly TPM Report) Fortune five hundred as of June 2021

Securities and advisory solutions supplied as a result of LPL Financial LLC, an SEC- registered broker-dealer and financial commitment advisor. Member FINRA/SIPC.

During this interaction, the phrases “financial advisors” and “advisors” are employed to refer to registered reps and/or financial commitment advisor reps affiliated with LPL Financial LLC. We routinely disclose details that could be vital to shareholders in the “Investor Relations” or “Press Releases” segment of our site.

LPL Financial, Newsweek and Statista are all different entities.

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Lauren Hoyt-Williams
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