Eight LPL Financial Bank Advisors Recognized As Among The Best In Their Field Nationwide

SAN DIEGO - Dec. 7, 2015 - Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), announced today that eight LPL-affiliated advisors have been recognized among the 2015 Top 50 Bank Advisors ranking published by Bank Investment Consultant (BIC), a leading information source for bank and credit union financial advisors.

The list recognizes the most successful bank and credit union financial advisors in the United States, as determined by BIC based on several key areas, including 2015 assets under management (AUM); percentage change in AUM from the prior year; trailing 12-month production; percentage growth in production; amount of fee-based business; and the ratio of production to AUM.

LPL Financial-affiliated advisors recognized on the list include:

#2 - James Christy, Northwest Federal Credit Union, Herndon, Va.
#5 - Russell Cesari, Northwest Federal Credit Union, Herndon, Va.
#12 - Julian Cruz, IBC Bank, McAllen, Texas
#26 - Michael Kruchten, First Midwest Bank, Joliet, Ill.
#28 - Jerry Toney, Cadence Bank, Starkville, Miss.
#36 - Ryan Hale, Kennebunk Savings, Kennebunk, Maine
#38 - Charles Gualano, Trustmark Bank, Brandon, Miss.
#40 - Robert Bronk, NBT Bank, Norwich, N.Y.

"On behalf of LPL, I congratulate these exceptional advisors for demonstrating excellence through their commitment to serving their clients," said Andy Kalbaugh, LPL managing director and divisional president, Institution Services. "LPL is proud to be associated with these individuals who have been recognized as among the best in the industry, and to also be able to support their institutions as they collectively help their clients strive to reach their financial goals."

About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and currently serves $462 billion in advisory and brokerage assets. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2015). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also service an estimated 40,000 retirement plans with an estimated $115 billion in retirement plan assets, as of September 30, 2015. LPL also supports approximately 4,300 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have 3,413 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.

Bank Investment Consultant and the financial institutions listed are not affiliated with LPL Financial.

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