Registered advisors
1 advisors
Large firm tier
Data sourced from FINRA BrokerCheck public records. Disclosures reflect reported events, not proven violations. Verify at BrokerCheck ↗
FINRA BrokerCheck SEC IAPD verified CRD# 6413 Grade F
LPL FINANCIAL LLC — FINRA BrokerCheck Disciplinary Record
Limited Liability Company headquartered in FORT MILL, SC. 1 registered advisor, 28400.0% disclosure rate.
LPL FINANCIAL LLC registration status — ACTIVE
Total disclosures
284 events
On FINRA BrokerCheck
Disclosure rate
28400.0%
284 ÷ 1 advisors
Branch offices
32,976 offices
Formed in California
Disclosure Density
Disclosures per registered advisor — relative to peer-firm benchmarks.
LPL FINANCIAL LLC — disclosures per advisor 100.0%
Industry median
Compared against the 0.10-disclosure-per-advisor industry-median benchmark drawn from the firms table.
Disclosure Breakdown
| Disclosure Type | Count |
|---|---|
| Regulatory Events | 222 |
| Customer Complaints | 0 |
| Arbitrations | 58 |
| Civil Events | 0 |
| Total | 284 |
Counts reflect events reported on FINRA BrokerCheck. Disclosures are reported events, not proven violations. Verify at BrokerCheck ↗
Disclosure category share
LPL FINANCIAL LLC — 284 disclosures on FINRA U4/U5 categories
Peer Comparison
LPL FINANCIAL LLC vs. industry-median benchmarks for Large-tier broker-dealer firms.
Disclosure rate
28400.0%
Industry median: 10.0%
Reg events / advisor
222.00
Industry median: 0.05
Branches / advisor
32976.00
Industry median: 0.15
Firm Details
- Firm Size
- Large
- Scope
- ACTIVE
- Location
- FORT MILL, SC, 29715
- Formed
- 11/15/2010
- State of Formation
- California
- CRD Number
- 6413
- SEC Number
- 17668
Verify at FINRA BrokerCheck
FINRA BrokerCheck provides the full official disciplinary record, including individual registered advisors. Always verify before hiring a financial advisor.
View on FINRA BrokerCheck ↗What the Record Says About LPL FINANCIAL LLC
LPL FINANCIAL LLC (Limited Liability Company, CRD# 6413 · SEC# 17668 · FORT MILL, SC) reports 1 advisor across 32,976 branches — Large tier, scope ACTIVE.
BrokerCheck shows 284 disclosures (28400.0% per-advisor rate): 222 regulatory, 0 customer-complaint, 58 arbitration, 0 civil. Letter grade F (1/5 internal scoring). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.
Every firm registered with FINRA or the SEC must report regulatory actions, customer complaints, arbitrations, and civil judicial events on its public BrokerCheck and Form ADV records. A disclosure is not automatically a finding of wrongdoing — it can range from a settled customer dispute to a formal regulatory sanction — but a high disclosure rate relative to advisor headcount is a signal worth examining before you hire. Compare the per-advisor rate above against firms of similar size, and read each disclosure's underlying detail on the official record rather than relying on the headline count alone. Registration itself confirms only that a firm is authorized to do business, not that its compliance history is clean.
Source: FINRA, BrokerCheck Public Disclosure Data (2024) FINRA, BrokerCheck Public Disclosure Data (2024)
Frequently Asked Questions
What does a grade of F mean for LPL FINANCIAL LLC?
A grade of F indicates LPL FINANCIAL LLC has a significant number of FINRA disclosures relative to its size (28400.0% disclosure rate). Prospective clients should review the specific disclosures before engaging.
How many FINRA disclosures does LPL FINANCIAL LLC have?
LPL FINANCIAL LLC has 284 total FINRA disclosures, including 222 regulatory events, 58 arbitrations. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How many financial advisors work at LPL FINANCIAL LLC?
LPL FINANCIAL LLC has 1 registered advisor and 32,976 branch offices, headquartered in SC. Advisor counts are sourced from FINRA BrokerCheck public records.
Where can I verify LPL FINANCIAL LLC's disciplinary record?
You can verify LPL FINANCIAL LLC's full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 6413. BrokerCheck provides detailed information about individual registered representatives, complaints, and regulatory actions.
What is a FINRA disclosure?
A FINRA disclosure is a reported event on a broker-dealer's record, including regulatory actions, customer complaints, arbitration proceedings, and civil court events. Disclosures are part of the public record maintained by FINRA and do not necessarily indicate wrongdoing or proven violations.
Should I avoid LPL FINANCIAL LLC because of its disclosures?
Not necessarily. Larger firms with more advisors tend to accumulate more disclosures. LPL FINANCIAL LLC has a 28400.0% disclosure rate (284 disclosures across 1 advisors). Consider reviewing the nature of individual disclosures on FINRA BrokerCheck and comparing rates with similarly-sized firms before making a decision.
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Read our methodology — how this data is sourced, computed, and verified.
Related
Data sourced from official FINRA BrokerCheck and SEC EDGAR enforcement records. See our methodology for details. Retrieved and formatted by PlainAdvisorCheck Editorial