Talk:LPL Financial

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Notability[edit]

Company is definitely notable:

--A. B. (talk) 20:41, 25 September 2007 (UTC)[reply]

Key facts[edit]

A key facts section that contains a list of duplicate information from the infobox is being inserted into the article. Is there any reason to keep the key facts section? The editor adding the content is using an LPL IP address. Alanraywiki (talk) 21:56, 22 June 2009 (UTC)[reply]

A variety of company facts have changed since this page was last updated; I am an LPL Financial employee and cannot update myself, but I have provided citations below. Can you please update?

These changes include updating the number of financial advisors (more than 13,000[1]) and the number of employees in the first paragraph (approximately 2,900[2]): LPL Financial was formed in 1989 through the merger of two brokerage firms—Linsco (established in 1968) and Private Ledger (established in 1973)—and has since expanded its number of independent financial advisors from a few hundred to more than 13,000[3] in 2012. LPL Financial has headquarters in Boston, Charlotte, and San Diego. Approximately 2,900[4] employees support financial advisors; financial institutions; and technology, custody, and clearing service subscribers with enabling technology, comprehensive clearing and compliance services, practice management programs and training, and independent research.[5]

An additional event should be added to the end of the timeline section: In January 2012, LPL Financial acquired Rockville-based Fortigent, which provides high-net-worth solutions and consulting services to RIAs, banks, and trust companies. [6]

The following metrics should be updated in the Statistics section:
4.3 million funded accounts[7]
13,185 financial advisors supported[8]
Approximately 4,500 technology, custody, and clearing service subscribers[9]
Approximately 685 financial institution partners[10]
$353.0 billion in advisory and brokerage assets[11]

The info box should also be updated to reflect 2,900 employees. The parent company name recently changed and should be updated to read: LPL Financial Holdings Inc.[12]

Can you please update this information on the LPL Financial wikipedia page? Thank you.

Petergilchrist (talk) 20:48, 8 August 2012 (UTC)[reply]

References

  1. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  2. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  3. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  4. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  5. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  6. ^ http://www.forbes.com/sites/halahtouryalai/2012/01/03/lpl-expands-ria-presence-with-fortigent-acquisition/
  7. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  8. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  9. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  10. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  11. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm
  12. ^ http://lplfinancial.lpl.com/about_lpl_financial/corporate_snapshot.htm

Legal[edit]

Can some one tell me why this edit is considered Undue weight by and how do I go about revert it back on the page with out starting an edit war ~ I feel a $450,000 fine from the second largest state in the united states and several other states included in North American Securities Administrators Association "the oldest international investor protection organization" pretty due weight ~

==Legal Matters==
On March 28, 2019, LPL Financial's subsidiary LPL Financial LLC, with out admitting or denying fact or conclusions consented to a fine of $450,000 by Texas State Securities Board for violating section 7 of the Texas Securities Act.[1]

~ Mitchellhobbs (talk) 23:57, April 11, 2019‎ (UTC)

Sources

  1. ^ "Order No. IC19-CAF-01" (PDF). Texas State Securities Board. Mar 28, 2019. Retrieved April 11, 2019.
I have no idea. They don't give any specific reason why it's undue, so I'm going to restore it. -- BullRangifer (talk) PingMe 02:05, 12 April 2019 (UTC)[reply]
We need additional sources. The court document alone isn't enough to warrant inclusion, which is why I noted it is WP:UNDUE. A $450,000 fine is not significant for a company with $4.2 billion under management. Meatsgains(talk) 15:34, 12 April 2019 (UTC)[reply]
I will get additional sources ~ but $450,000 is not much for a company with $4.2 billion under management but to the other 75% population of the globe, it's more than most people make in a life time so I think the amount is noteworthy Mitchellhobbs (talk) 18:01, 12 April 2019 (UTC)[reply]
  • User:Meatsgains looks like I'm just getting in on the tail end of this, it seems that Texas was only 1 of many states ~ I am going to do more work and probably remove the Texas part but I am sure I will list all the states involved ~If I am thinking correctly there are more court orders coming up. Texas is just the first one that came across my desk and the final count will be upwards to $26 million dollars ~ that seems pretty substantial ~ The only reason I am leaving Texas on it for now is because we have 3 ref's so far ~ Mitchellhobbs (talk) 18:49, 12 April 2019 (UTC)[reply]
@Mitchellhobbs: Okay, the $26 million is more notable than the $450K fine with Texas. Rather than updating state-by-state, I'd recommend not singling out specific states given the length of the short article. Meatsgains(talk) 02:12, 15 April 2019 (UTC)[reply]
no problem ~ it's fun to research anyways ~ thanks User:Meatsgains Mitchellhobbs (talk) 02:31, 15 April 2019 (UTC)[reply]

LPL sourcing[edit]

This article depends on LPL sources too much. Not good. This could easily be deleted, so please find more sources. -- BullRangifer (talk) PingMe 02:08, 12 April 2019 (UTC)[reply]

BullRangifer ~ look better? Mitchellhobbs (talk) 04:55, 15 April 2019 (UTC)[reply]
Yes. Much better. -- BullRangifer (talk) PingMe 05:42, 15 April 2019 (UTC)[reply]
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