LPL Financial Celebrates 30 Years of Advisory Innovation

Elvera Bartels

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

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