LPL Financial Inclusion and Belonging

At LPL Financial, we believe that personalized financial guidance is a fundamental need for everyone. Embracing and fostering inclusive communities among employees and financial professionals helps us fulfill that need.

Embrace Differences and Fuel Growth

Inclusion and belonging are more than business imperatives or human resources initiatives for LPL Financial. They’re essential in harnessing the power of different ideas, backgrounds, and perspectives. They drive growth, foster innovation, and create value throughout our organization and industry.

Our vision is to continue to be among the nation’s best independent broker-dealers — and the most inclusive place for financial professionals in the industry. From recruitment and training, to strengthening our culture of inclusiveness, we’re making this vision a reality.

People looking at computer

Expand the Reach of Financial Professionals

Today’s investors are multi-generational, multi-cultural, include members of the LGBTQ+ community, have served our country, and more. All deserve access to personalized financial advice.

To reflect this marketplace, we’ve created an Advisor Inclusion and Belonging program to strengthen our focus on developing and collaborating with a broad range of financial professionals. That includes creating resources to help them grow their businesses by connecting with a wide array of investor groups.

We also launched the LPL Advisor Inclusion Council (AIC), comprised of a group of representatives from financial firms and institutions, along with LPL Financial leaders. They’re contributing to solutions for three primary goals:

  • Include more financial professionals who reflect the changing marketplace
  • Help financial professionals grow their business by engaging new investor markets
  • Create opportunities for financial professionals to connect, learn, and share best practices

Advisor Inclusion and Belonging

To reflect this marketplace, we’ve created an Advisor Inclusion and Belonging program to strengthen our focus on developing and collaborating with a broad range of financial professionals. That includes creating resources to help them grow their business by connecting with a wide array of investor groups.

Learn More About the Program

Increase Workplace Inclusiveness and Belonging

Welcoming and retaining a workforce that reflects the communities in which we live and work continues to be a primary focus at LPL Financial. Just as important is ensuring that we provide a welcoming and inclusive workplace for all.

We aspire to maintain a culture that supports, inspires, and respects everyone. We encourage all employees to participate in LPL’s overall success, whether through individual talents and skills, suggestions for better ways of doing things, or other contributions they choose to make.

Man sitting at a desk talking to a woman in a wheelchair

Share Interests and Experiences

Among the ways LPL Financial fosters a culture of inclusivity is through our Employee Resource Groups (ERGs). ERGs bring together employees who share common interests and experiences.

To support professional development, as well as employee and community engagement, LPL’s ERGs sponsor a variety of events. They include seminars, guest speakers, meet-and-greets, and charitable activities. LPL Financial employees can join existing ERGs or create new ones. Currently, over 41% of LPL’s employees belong to at least one ERG.*

Current ERGs include:

  • AfricanAmericans@LPL
  • Asians@LPL
  • Hispanics@LPL
  • PeoplewithdisAbilities@LPL​
  • PrideAlliance@LPL
  • Veterans@LPL
  • Women@LPL
  • WorkingParents@LPL
  • YoungProfessionals@LPL

Throughout the year, we also use podcasts, articles, and other materials and events to exchange ideas and perspectives. In addition, we take advantage of national awareness campaigns to learn about various cultures and perspectives.

From African American History Month, Women’s History Month, and Hispanic Heritage Month to National Pride Month, we celebrate the contributions of various groups and strengthen our resolve to keep doing more.

Disclosures

*As reported in LPL Financial Sustainability Report 2024

 

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