LPL History
This is the year LPL Financial was founded as Linsco and Private Ledger.
What is 1989?
This is unique about our independent "CORE" model.
What is our A-La-Carte Services, Self-Branding, Payouts starting at 90%, One-Stop Shop?
This Business Solution helps an advisor establish a successor to ensure continuity in the event something were to happen to them.
What is an Assurance Plan?
This is how much LPL spent annually on advisor‑facing technology as of August 2025.
What is $550M?
True or False question: Halleck loves his birthday.
What is False?
This publicly traded exchange is where LPL Financial Group is listed.
What is NASDAQ?
This is the GDC requirement for Linsco advisors.
What is $585K?
This Business Solution provides a team to help you tackle daily tasks so you can deliver an extraordinary experience for your clients by saving 415,000 hours in support tasks.
What is Admin Solutions?
This is the percentage of transitioning advisor assets that move within 60 days of affiliation.
What is 80%?
This is the date of Halleck’s birthday.
What is March?
This is the year LPL Financial became a publicly traded company.
What is 2010?
This is the percentage of AUM we expect an advisor to bring over, coming from an independent firm and wire-house firm.
What is 85% and 60%?
This Business Solution helps you launch, enhance, or scale your financial planning practice by outsourcing plan preparation to a team of planning experts.
What is Paraplanning Services?
This is the percentage of most commonly traded ETFs that trade at no cost.
What is 90%?
This is the most recent location Halleck traveled to.
What is Japan?
Rich Steinmeier joined LPL Financial this year.
What is 2018?
For a Core Advisor producing between $2 million and $3 million annually, this is the production bonus percentage they earn.
What is 6%?
This is the growth rate percentage experienced by advisors who leverage LPL Business Solutions.
What is 23%
This is how many advisor transitions are supported per year.
What is 2,500+?
This is Halleck's favorite sweet treat.
What is ?
Before becoming LPL Financial, Linsco originally stood for this longer company name.
What is Lincoln Securities Corporation?
For a new branch independent advisor managing $35M in assets with 40%–70% in advisory, this is the maximum upfront compensation they can earn.
What is up to 90 bps of VAUM?
This is the difference between M&A and L&S.
In L&S, LPL is the one buying the FA's book and there is a production minimum of 1.5M whereas in M&A, the FA is selling to another FA and there is no production min.
This is how many Financial Planning cases that have been solved since 2011.
What is 12,000?
What is Pisces?