At a time when few paid attention to the
concept of financial planning, Private
Ledger founder Bob Ritzman sought to
offer a large group of mutual funds and
securities to financial professionals—
without pushing a particular product. And
when Todd Robinson purchased Linsco
in 1985, he was anticipating the growing
desire for owning and running independent practices—which proved true during the aftermath of the stock market crash in October 1987.
More than 30 years later, this guiding
principle remains—but has expanded far
beyond the investment services offered.
Alongside the constant pace of change in
the financial services industry and the world
around us, LPL has evolved its technology,
operations, risk management, professional
services, and business consulting—while
continuing to innovate its investment
management services and platforms.
LPL actively works to be one of the most
diverse and inclusive places to do business
in the industry. We believe that diverse teams, when managed in a culture of inclusion, are more creative, more productive, and better at
problem-solving.