LPL Financial Releases Second Sustainability Report

Last Edited by: LPL Financial

Last Updated: June 15, 2020

LPL Financial Announces Release of Second Sustainability Report

CHARLOTTE, N.C. – June 15, 2020 – LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, today announced the release of its corporate sustainability report, detailing progress towards environmental, social and governance (ESG) goals.

Read the Sustainability Report

LPL’s ESG vision is to take care of advisors and their clients by operating responsibly and ethically, while also strengthening trust with our mutual stakeholders. The report reflects increasing transparency on LPL’s sustainability work and highlights the firm’s progress to date in key areas of focus, such as sustainable investment options, diversity and inclusion and environmental stewardship.

Since the release of LPL’s sustainability report in 2019, the firm has:

  • Contributed more than $1.5 million to organizations providing support to underserved families and young people across the country
  • Launched its largest advisor study group focused on sustainable investing
  • Repurposed more than 97 tons of waste
  • Improved upon financial literacy by integrating a goals-based planning tool to help clients track progress to personal goals.

“The need for responsible corporate stewardship has never been more evident than during these past few months,” said Heather Randolph Carter, chief marketing and communication officer, LPL Financial. “Making a positive contribution to the lives of our employees, those we serve, and the communities where we operate, is not only important to our stakeholders, but is the standard we expect of ourselves at LPL.”

This year’s report includes a Sustainable Accounting Standards Board (SASB) and Global Reporting initiative (GRI) index to further the firm's initiative of transparency.


About LPL Financial

LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer**. We serve independent financial advisors, professionals and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.

Securities and Advisory services offered through LPL Financial, a registered investment advisor.

Member FINRA / SIPC.

**Based on total revenues, Financial Planning magazine June 1996-2019