LPL’s M&A Program Goes Live The new service, out of its pilot stage, is now available to all LPL advisors and promises to shorten the time it takes them to complete acquisitions from six to nine months to 60 to 90 days.
LPL Financial said Thursday that its LPL Financial M&A Solutions, a suite of services to help advisors navigate mergers and acquisitions from start to finish, is now available to all of LPL s 17,287 advisors. The offering has been in a pilot program with a small group since 2019.
LPL launched the platform to help advisors with all the issues and steps involved in a sourcing and closing acquisitions or mergers, with single point of contact on one platform. LPL will finance the deals from its own balance sheet.