We believe in objective financial advice and we advocate on issues impacting our advisors, their clients, and the financial services industry.
By engaging with legislators and regulators on both a state and federal level, we are able to directly shape the future of the financial services industry.
Together we are making a difference. Our voices are being heard on important policies that affect the financial service industry.
LPL Advocates for Senior Investors and Achieves Win with Passage of Senior $afe Act – Our Government Relations team worked with the bill’s sponsors in the House and Senate to raise awareness of this important issue and maintain the momentum to get this Act passed.
LPL lobbies to increase retirement plan access for small businesses. Starting and maintaining a retirement plan can be a major undertaking for small businesses, and it can also be a huge expense. An LPL study with small business owners showed that cost and complexity are, in fact, the biggest factors preventing small business owners from offering a retirement plan to employees. Read the
LPL submitted a
letter to Congresswoman Carolyn Maloney (D-NY) in support of her bill, The Gender Diversity in Corporate Leadership Act of 2017, which would bring transparency through increased disclosure on the gender composition of corporate boards of directors.
LPL Financial submitted a
comment letter to FINRA regarding FINRA regulatory notice 18-08, expressing support for the proposed rule, which will provide clarity regarding regulatory oversight for hybrid RIAs.
Who We Are
Our Government Relations team is dedicated to advancing LPL Financial’s interests with legislators and regulators in Washington, DC and the 50 states through advocacy and education. Through consistent engagement, and supported by the voice of the LPL Political Action Committee, we are able to position LPL as a recognized thought leader and valued resource on issues affecting the delivery of objective financial guidance and advice. With offices in Washington, DC, Boston, San Diego, Charlotte, and Cleveland, and by leveraging our 50-state network of financial advisors, we are well aligned to meet advisors' needs by addressing critical policy initiatives.
“I am proud of the LPL team and their commitment to providing access to independent financial advice by supporting the growth of our businesses and the protection of our industry.”
-David Armstrong, president and co-founder, Monument Wealth Management
“There is strength in numbers and if we support the LPL PAC, the LPL Government Relations team supports us by advocating on issues that impact our business and our industry.”
-Cary Wong, financial advisor in Spokane, WA
“We appreciate the support of the LPL Government Relations team. I believe independent financial advice should be accessible to everyone and I am confident that working together we can ensure the financial success of our investors.”
-Ken Van Leeuwen, CFP, Managing Director / Founder, Van Leeuwen & Company