LPL Financial LLC is a wholly-owned subsidiary of LPL Financial Holdings Inc., a publicly traded company, and an SEC-registered investment adviser founded in 1975. LPL Financial LLC provides a comprehensive suite of investment management advisory services and programs including wrap programs, mutual fund asset allocation programs, advisory programs offered by third party investment advisor firms, financial planning and consulting services, retirement plan consulting services, investment research, an advisor-enhanced digital advice program, and other customized advisory services for individual clients, pension and profit sharing plans, charitable organizations, government entities, sovereign wealth funds, and corporations and other businesses.