{
  "crd_number": 6413,
  "slug": "lpl-financial-llc-fort-mill-sc-6413",
  "primary_business_name": "LPL FINANCIAL LLC",
  "legal_name": "LPL FINANCIAL LLC",
  "dbas": [
    "LPL",
    "LPL FINANCIAL"
  ],
  "city": "Fort Mill",
  "state": "SC",
  "country": "United States",
  "cbsa_code": "16740",
  "metro": {
    "cbsa_code": "16740",
    "common_name": "Charlotte",
    "msa_name": "Charlotte-Concord-Gastonia, NC-SC",
    "path": "/advisors/nc/charlotte"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1975-08-25",
  "years_registered": 51,
  "period": "2026-10-01",
  "filing_date": "2026-09-21",
  "carried_forward": false,
  "raum_total": 819117829825.0,
  "raum_discretionary": 818319955349.0,
  "raum_non_discretionary": 797874476.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 41879,
  "advisory_employees": 36280,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 5416965.0,
      "count": 13,
      "description": "INVESTMENT CLUB"
    },
    "charitable": {
      "raum": 7586643901.0,
      "count": 5086
    },
    "individuals": {
      "raum": 231449434763.0,
      "count": 1291397
    },
    "state_municipal": {
      "raum": 8850860.0,
      "count": 5
    },
    "pension_profit_sharing": {
      "raum": 13293264108.0,
      "count": 10450
    },
    "high_net_worth_individuals": {
      "raum": 552710877427.0,
      "count": 671511
    },
    "corporations_other_businesses": {
      "raum": 14063341801.0,
      "count": 8528
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 10,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://facebook.com/LPLFINANCIALLLC",
    "https://facebook.com/seekwealth.lpl",
    "https://instagram.com/lpl_financial",
    "https://linkedin.com/COMPANY/LPL-FINANCIAL",
    "https://linkedin.com/company/seek-wealth",
    "https://linkedin.com/showcase/lpl-financial---research",
    "https://lpl.com",
    "https://lplgovernmentrelations.com/SITEPAGES/HOMEPAGE.aspx",
    "https://myaccountviewonline.com/login",
    "https://threads.net/@lpl_financial",
    "https://twitter.com/LPL",
    "https://twitter.com/LPLResearch",
    "https://youtube.com/@LPLResearch",
    "https://youtube.com/USER/LPLFINANCIALLLC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/6413",
  "disclosure_items": [
    {
      "item": "11.C(1)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(1)",
      "question": "Has a self-regulatory organization (such as FINRA) or a commodities exchange ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "FORT MILL",
  "url": "https://advisorcensus.com/firm/lpl-financial-llc-fort-mill-sc-6413",
  "display_name": "LPL Financial LLC",
  "summary": "LPL Financial LLC is an SEC-registered investment advisory firm in Fort Mill, SC, registered since 1975, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.",
  "citation": "AdvisorCensus. LPL Financial LLC (CRD 6413): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is LPL Financial LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), LPL Financial LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is LPL Financial LLC located?",
      "a": "LPL Financial LLC's principal office is in Fort Mill, SC, according to its Form ADV; the October 2026 filing also lists 24 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is LPL Financial LLC registered with the SEC or a state?",
      "a": "LPL Financial LLC is an SEC-registered investment advisory firm, registered since 1975. Status as filed: Approved. CRD 6413."
    },
    {
      "q": "How much does LPL Financial LLC manage?",
      "a": "LPL Financial LLC reports $819,117,829,825 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (100% discretionary)."
    },
    {
      "q": "How have LPL Financial LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for LPL Financial LLC: Regulatory assets under management: $268,833,916,025 in the October 2021 data and $819,117,829,825 in the October 2026 data, up 205%. Total employees: 24,427 in October 2021 and 41,879 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does LPL Financial LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,291,397); high net worth individuals (671,511); pension and profit sharing plans (but not the plan participants or government pension plans) (10,450)."
    },
    {
      "q": "Does LPL Financial LLC report any disciplinary disclosures?",
      "a": "Reports 10 disclosure items on Form ADV Item 11: yes answers to 10 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(1), 11.D(2), 11.D(4), 11.D(5), 11.E(1), 11.E(2)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/6413"
    },
    {
      "q": "What changed in LPL Financial LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $618,922,975,737 to $819,117,829,825 (+32%). Employees performing advisory functions went from 28347 to 36280. Added an office in Chicago, IL. Added an office in Dallas, TX. Added an office in Downers Grove, IL. Added an office in Jacksonville, FL. Added an office in Tukwila, WA. Added an office in Westlake Village, CA. Added an office in Westwood, MA. No longer lists an office in Bridgeport, CT. No longer lists an office in Charlotte, NC. No longer lists an office in Fairfield, NJ. No longer lists an office in Herndon, VA. No longer lists an office in Olympia, WA. No longer lists an office in Plymouth, MN. No longer lists an office in Waltham, MA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 268833916025.0,
      "total_employees": 24427,
      "filing_date": "2021-04-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 404176194148.0,
      "total_employees": 28744,
      "filing_date": "2022-08-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 368018536946.0,
      "total_employees": 31366,
      "filing_date": "2023-08-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 463475486343.0,
      "total_employees": 35841,
      "filing_date": "2024-09-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 618922975737.0,
      "total_employees": 37893,
      "filing_date": "2025-07-15"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 819117829825.0,
      "total_employees": 41879,
      "filing_date": "2026-09-21"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $618,922,975,737 to $819,117,829,825 (+32%).",
        "Employees performing advisory functions went from 28347 to 36280.",
        "Added an office in Chicago, IL.",
        "Added an office in Dallas, TX.",
        "Added an office in Downers Grove, IL.",
        "Added an office in Jacksonville, FL.",
        "Added an office in Tukwila, WA.",
        "Added an office in Westlake Village, CA.",
        "Added an office in Westwood, MA.",
        "No longer lists an office in Bridgeport, CT.",
        "No longer lists an office in Charlotte, NC.",
        "No longer lists an office in Fairfield, NJ.",
        "No longer lists an office in Herndon, VA.",
        "No longer lists an office in Olympia, WA.",
        "No longer lists an office in Plymouth, MN.",
        "No longer lists an office in Waltham, MA."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Item 11 disclosure answers changed: 10 yes answers, previously 12 (now no: 11.G, 11.H(1)(a))."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/lpl-financial-llc-fort-mill-sc-6413.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1291397,
      "fewer_than_5": false,
      "raum": 231449434763.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 671511,
      "fewer_than_5": false,
      "raum": 552710877427.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 10450,
      "fewer_than_5": false,
      "raum": 13293264108.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5086,
      "fewer_than_5": false,
      "raum": 7586643901.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 8850860.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 8528,
      "fewer_than_5": false,
      "raum": 14063341801.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 13,
      "fewer_than_5": false,
      "raum": 5416965.0
    }
  ],
  "disclosure_line": "Reports 10 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/6413",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}