Press release
LPL Highlights Advanced Solutions for Advisors to Thrive Throughout the Lifecycle of Their Business
At Focus 2024, its flagship industry conference, LPL features strategic priorities and expanded portfolio of resources to help advisors nurture highly
About this update from Lpl Financial Holdings Inc.
[{"type":"text","content":"At Focus 2024, its flagship industry conference, LPL features strategic priorities and expanded portfolio of resources to help advisors nurture highly successful businesses\nSAN DIEGO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- At its annual Focus conference, LPL Financial LLC shared its priorities for helping financial advisors and financial institutions advance their businesses by providing personalized support that enables custom client experiences, building flexible operating environments by leveraging innovative technology, and supporting advisors’ growth and legacy planning. “Being the best firm in our industry at helping clients define and maximize their success throughout their business lifecycle. For all of us at LPL, that’s our very clear vision for the company’s success,” said Rich Steinmeier, chief growth officer, LPL Financial, speaking here today at Focus 2024, one of the industry’s largest in-person gatherings of financial advisors. In detailing the company’s investments that serve to help LPL clients run thriving businesses, LPL announced today an expanded suite of business solutions, designed to help financial advisors and institutions more effectively manage and grow their wealth management practices. The suite, which has grown from three to 14 services over the past six years, is expected to reach 20 by year-end, and includes services co-designed with advisors to address common challenges. The Build Your Extraordinary Business study by LPL revealed that top-performing advisors often share the same strategies for exceptional business outcomes. The research highlighted that the most successful 10% of LPL advisors, who typically partner with LPL for support with at least two core functions like marketing or administration, work similar hours to their peers but earn three times more revenue.1 “We have an incredible opportunity in wealth management not only to deliver sound advice but also to do so in ways that deliver long-lasting positive effects that contribute to local economies, support communities, inspire the next generation and enable thriving businesses that fortify Main Streets far from Wall Street,” said Aneri Jambusaria, managing director of LPL Business and Wealth Solutions, to nearly 9,000 Focus 2024 attendees. The company outlined the following differentiated ways that LPL is uniquely serving clients to help ...