LPL Financial LLC

Broker-DealerFINRA MemberEst. 1975
Total AUM
$819B
Discretionary
$818B
100% of AUM
Accounts
2,850,994
Employees
41,879
Advisory reps
32,911
Brokerage reps
32,010

Firm details

Headquarters
FORT MILL, South Carolina
CRD number
6413
Registered since
August 25, 1975
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI67.48%
  • Individuals28.26%
  • Corporations / Businesses1.72%
  • Pension & Profit Sharing Plans1.62%
  • Charitable Organizations0.93%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

LPL Financial LLC is a long-established SEC-registered limited liability company that operates as both an independent broker-dealer and a qualified custodian. Its client base spans individual and family clients as well as institutional relationships. The firm offers fee arrangements that include percentage-of-AUM billing alongside hourly and fixed-fee engagements, and its business mix includes broker-dealer activities and distribution of other financial products. On the advisory side, LPL provides financial planning, portfolio management for individuals, small businesses and institutions, and runs educational seminars and workshops. The firm identifies as an active ESG investor and was named to Barron’s Top 100 RIA Firms list in 2025.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 77%, Exchange Traded Equities 16%, Cash & Cash Equivalents 3%, US Government Bonds 1%, Non-Investment Grade Corp Bonds 1%, Private Funds 1%, Other 1%77%
  • Public Funds/Mutual Funds77%
  • Exchange Traded Equities16%
  • Cash & Cash Equivalents3%
  • US Government Bonds1%
  • Non-Investment Grade Corp Bonds1%

Owners & executives

3 of 874
  • ALLAN HANCOCK

    CEO and PresidentCRD 235515

  • WAYNE MAIER

    Founder and CEOCRD 317449

  • PATRICK RAMAEKERS

    CEOCRD 370426

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Contacts

3 of 32037
  • DIANA ANDREOZZI

    Registered RepresentativeCRD 5777

  • LINTON BANWELL

    President & OwnerCRD 11952

  • JAMES BARNES

    Registered RepresentativeCRD 12843

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 2,864

Active vs passive

$363B in ETFs

Passive

74%

$267B

Active

20%

$95.4B

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$7.6B11,586,9902.09%

Location

Primary office

FORT MILL, SC

YORK

Location

FORT MILL, SC

Headquartered in FORT MILL, SC, anchoring the Charlotte-Concord, NC-SC metro in the South.

Metro area
Charlotte-Concord, NC-SC
Region
South
County
YORK
Address
1055 Lpl Way
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth