Broker Check

LPL Financial

Toups Wealth Management has the ability to choose which broker/dealer we partner with. Through in-depth due-diligence, the decision to partner with LPL Financial was an easy and obvious one.

About LPL Financial
LPL Financial is one of the leading financial services companies and the largest independent broker/dealer in the nation*. For more than four decades, the firm has served as an enabling partner, supporting financial advisors in their goals of protecting and growing their clients’ wealth. A chief objective of LPL Financial is to reduce the complexity of running a financial services practice so advisors can focus on what they do best - help their clients attain their financial goals and fulfill their dreams.

With headquarters on both coasts, LPL Financial supports financial advisors in helping their clients by offering a robust mix of services and tools such as:

Integrated technology
Integrated, web-based technology platforms allows customers to manage critical aspects of their business while remaining highly efficient and responsive to their clients’ needs. Time-consuming processes—such as account opening and management, document imaging, transaction execution, and account rebalancing—are automated to improve efficiency and accuracy. With LPL Financial focused on technology, advisors are able to focus on what is most important: growing their clients’ assets.

Financial Strength
Throughout its history and across various economic cycles, LPL Financial has consistently produced strong earnings results. LPL Financial’s financial stability can be attributed to their independent business model and the hard work and dedication of their financial advisors. For more specific financial strength information, please click the following link:

Independent research
The LPL Financial Research team provides unbiased research on mutual funds, separate accounts, annuities, alternative investments, equities, fixed-income securities, and more. With a focus on performance, service, and transparency, our research team delivers timely perspectives on the ever-changing economic marketplace, helping advisors to help their clients understand and adjust to the latest developments.

Practice management programs and training
LPL Financial constantly seeks ways to help advisors increase their service to their clients. Their experience and leadership in the industry, as well as the size and diversity of their advisor base, gives LPL Financial the ability to benchmark the best practices of successful financial advisors and financial institution-based investment programs. In addition, LPL Financial is able to dedicate an experienced and diverse set of professionals to work with advisors, helping them to build and manage their business and client relationships through one-on-one consulting and group training.

Comprehensive clearing and compliance services
LPL Financial custodies and clears the majority of customers’ transactions, providing an enhanced customer experience and expedited processing capabilities—all backed by robust and responsive service center and operations organizations focused on providing timely, accurate, and consistent support.

In addition, LPL Financial’s 300-person Compliance team provides oversight of many diverse compliance and monitoring requirements. They serve as a true business partner to advisors, working closely with them and acting proactively on their behalf so they can run a compliant practice. By seamlessly integrating compliance functionality into advisors’ practices, LPL Financial enables many of their procedures to be fully automated. With LPL Financial focusing on back-office service and support, advisors are able to focus on their clients’ future rather than on logistics.

LPL Financial understands that providing Americans with unbiased investment advice is critical to their financial security. Because the firm has no proprietary products to sell, LPL Financial advisors can provide truly objective investment recommendations.

The firm’s mission is clear:
We believe that objective financial guidance is a fundamental need for everyone. We enable our customers to focus on what they do best—create the personal, long-term client relationships that are the foundation for turning life’s aspirations into financial realities.

Thousands of financial advisors nationwide rely on LPL Financial to help meet their clients’ financial needs. They do so by using the firm’s tools and resources that help them discover their clients’ priorities, dreams, and passions; analyze and develop financial plans that support every stage of their clients’ lives; and make product recommendations that put clients on the path to pursuing their goals.

For more information on LPL Financial, visit

* As reported by Financial Planning magazine, June 1996-2016, based on total revenue.