LPL’s New Employee Business Model | Behind the Scenes

Last Edited by: LPL Financial

Last Updated: August 14, 2020

Advisor Talk Podcast: LPL’s New Employee Model

Advisor Talk Podcast: Behind the Scenes of LPL’s new Independent Employee Model

LPL Financial’s new independent employee advisor affiliation model is shaking up the financial services industry with new opportunities for advisors.

The model is LPL’s latest strategic innovation providing advisors with structured support and compensation. Frank LaRosa, CEO of Elite Consulting Partners, chats with Rich Steinmeier, Divisional President – LPL Financial, about the unique benefits of this model, including:

  • LPL’s philosophy around creating the model
  • The economics and compensation comparison
  • How an advisor can determine whether the LPL independent employee advisor model is right for them

Tune in for this insightful dialog that advocates for advisor freedom and meets advisors where they are in the lifecycle of their business to make success possible.

Frank LaRosa’s Recent Blog Article Shares His Perspective of the LPL Independent Employee Advisor Model

“A supported advisor model such as the one LPL Financial launched has been a long time coming and is a welcomed breath of fresh air in a financial services industry plagued by the old school, C-suite thinking of wirehouse firms.”

Read the full the blog article “We’ve Got Your Back – What LPL’s Supported Advisor Model Signals to the Industry”  by Frank LaRosa on AdvisorHub.”

Is the LPL Independent Employee Advisor Model Right for You?

Discover all of the benefits of LPL's independent employee advisor model. Complete the form to connect with your representative.

Overview of the Independent Employee Advisor Model

Own your client relationships, with greater independence, and a highly competitive payout without sacrificing the security of working with a market-leading organization.

Press Release: LPL Introduces Independent Employee Advisor Model

LPL launches new model to empower advisors with freedom, client ownership and a payout they deserve.

Transitioning to LPL

Learn about how easy it is to start a partnership with LPL.

Frank LaRossa and Elite Consulting Partners are not affiliated with LPL Financial.

Throughout this communication, the terms “financial advisors” and “advisors” include registered representatives and/or investment adviser representatives affiliated with LPL Financial LLC, an SEC registered broker-dealer and investment adviser.