LPL Financial Holdings Inc.

LPL Financial Holdings Inc. operates as the nation's largest independent broker-dealer, a leading investment advisory firm, and a top custodian, serving the financial advisor-mediated marketplace. The company supports more than 32,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions. It services and custodies approximately $2.4 trillion in brokerage and advisory assets. LPL provides various advisor affiliation models, investment solutions, fintech tools, and practice management services. The company offers an integrated technology platform, comprehensive self-clearing services, and access to a wide range of curated products. LPL Financial Holdings Inc. was incorporated in Delaware in 2005. Its significant wholly owned subsidiaries include LPL Holdings, Inc., an intermediate holding company; LPL Financial LLC, a clearing broker-dealer and investment adviser; LPL Enterprise, LLC, a limited product shelf introducing broker-dealer and registered investment adviser supporting institutional services clients; and LPL Insurance Associates, Inc., an insurance brokerage general agency offering life and disability insurance products and services.