The start of the Strategic Asset Management Platform place LPL and its advisors at the forefront of the innovative change to rate-centered companies
CHARLOTTE, N.C., Dec. 01, 2021 (World NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) now introduced the thirtyth anniversary of its Strategic Asset Management (SAM) advisory system, 1 of the initially-ever, entirely rate-centered platforms in the economical companies industry. The system paved the way for the firm’s ongoing advisory innovation. These days, LPL serves nearly $600 billion in advisory property, including nearly $300 billion of property in SAM, and the agency is a major custodian to RIAs, institutional programs and independent advisors, supporting the shipping of individualized economical suggestions**.
The idea for SAM grew out of suggestions and feed-back from LPL advisors who expressed their need for a system that could dwelling a number of mutual money underneath 1 account and allow them to charge consumers an annual