LPL Financial highlights progress of liquidity, succession program

LPL Financial announces key updates on its Liquidity & Succession offering which is aimed at advisors who are seeking to monetize the business they have built either due to a desire to retire or to simply free themselves of their business owner duties in order to refocus on their clients and grow their business. Through a market-competitive M&A transaction, LPL Liquidity & Succession offers advisors – whether affiliated with LPL or not – who are looking to sell their practice the ability to maintain their brand, investment philosophy and client service model while benefitting from LPL’s strategic and operational support. “LPL Liquidity & Succession was designed with advisors in mind and is the first program of its kind in the market today,” said Executive Vice President, Strategic Business Development, Jeremy Holly. “At LPL, we understand that fostering relationships is paramount for advisors, but as their business grows managing the day-to-day business operations can keep advisors from being able to focus solely on their clients. LPL Liquidity & Succession provides advisors with the resources, support and tools necessary to let them get back to the parts of the business they love. By cultivating these partnerships, LPL allows advisors to build a targeted and comprehensive strategy for the next evolution of their business.”