LPL’s Fee-Only Solution

Last Edited by: LPL Financial

Last Updated: July 22, 2024

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Independence, Autonomy, and Skilled Support Backed by LPL’s RIA

As a fee-only advisor on LPL’s RIA, you can maintain autonomy over your fee-only business while accessing:

  • RIA infrastructure with customized support
  • Risk management oversight with dedicated fee-only specialists
  • Simplified pricing model tailored to fee-only advisors
  • Collaborative community of your peers

Full Ownership and Greater Flexibility, Less Responsibilities and Complexity

Traditionally, advisors wanting to pursue a fee-only model had two options: either start an RIA and assume all of the risk, compliance, and responsibilities that come with running a business, or join a national RIA as a W2 advisor and sacrifice independence and book ownership.

Now there’s a third option: become a fee-only advisor on LPL’s RIA platform. This unique solution allows you to drop your FINRA affiliation and focus on your advisory-based business that you own and run with the supportive infrastructure of our RIA. By outsourcing the responsibilities and complexities associated with overseeing risk and compliance, you’ll be set up for continued success with our customized support model that includes a network of professionals to help design the future of your business.

Leverage our scale and support to uphold your fiduciary standard and deliver an exceptional client experience.

What’s different about LPL’s fee-only solution? 

Because LPL is a holistic wealth management firm – RIA, custodian, and technology provider — you can save time by having a single place to conduct your business without worrying about integrations or selecting individual vendors. And with our competitive pricing model, you can pass the savings onto your clients.

  • One relationship. Cut out the middleman and gain direct access to our scale and support.
  • Fully integrated platform. Save time and hassle with our fully integrated, open architecture platform with leading third-party partnerships to conduct all your business in one place.
  • Risk management oversight. Leverage compliance as your strategic partner, backed by our team of professionals with decades of experience in the fee-only space.
  • Dedicated community. Connect with other fee-only advisors to share best practices and stay informed about relevant topics that can aid your business growth.
  • Curated content. Gain access to dedicated forms, materials, and marketing collateral designed for advisors serving in investment fiduciary capacity.
  • Partial book sales. Explore your options for handling any remaining brokerage assets or annuities while maintaining control of the client relationship. 

“I went out on my own knowing that I wouldn’t be alone.”

Nate Cloutier


Cloutier Wealth Management

Pro-Sports to Fee-Only RIA

Nate Cloutier gained more freedom and flexibility as a fee-only advisor on LPL’s RIA.

Services and Support

From compliance and risk management to service support, we’ve got you covered.

Get in Touch

Start your journey to becoming a fee-only advisor with LPL today.


Disclosures

For financial professional use only.