LPL was formed in 1989 through the merger of two small but successful brokerage firms, Linsco (established in 1968) and Private Ledger (founded in 1973). Today, LPL is America's No. 1 independent brokerage firm* - with more than 6,000 financial advisors, based in more than 3,500 branch offices nationwide.

LPL's rise to prominence has been driven by a commitment to independence, excellence and the simple premise that achieving your financial goals requires:

• Solid, unbiased advice
• Meaningful, timely information and research
• Easy access to value-added investments and services
• Unparalleled customer service

Your LPL Financial Advisor can deliver all of these to you, thanks to support from LPL's technology, our comprehensive training programs and our dedicated personnel.

As LPL moves into our fourth decade, we remain committed to leading the independent brokerage business. We continue to set the highest standards in every aspect of supporting our advisors so that they may help you realize a new standard for your financial future.

*Based on previous year's revenues as reported in Financial Planning Magazine, June 1996-2005

LPL Facts

• LPL has been the number one independent broker dealer in the nation for ten consecutive years*
• $1.1 billion in revenue in 2004
• Over 6,000 affiliated financial representatives
• Over 3,500 branch offices in the U.S.
• Service to over 380 financial institutions
• Over 1,000 staff in dual headquarters in Boston and San Diego
• Over $78 billion invested and managed annually
• Over $30 billion in assets in LPL's fee-based programs
• Over 3.9 million trades annually

*As reported by Financial Planning Magazine, June 1996-2005

How We Protect You 

At Linsco/Private Ledger, Your Account Carries $100 Million In Coverage 

Linsco/Private Ledger’s (LPL Financial Services) network of more than 5,000 independent investment professionals provides financial services, products and objective advice to individuals nationwide. LPL has the highest annual revenues and one of the strongest excess net capital rankings of any independent broker/dealer*. LPL is a member firm of the Securities Investor Protection Corporation (SIPC).

 LPL’s SIPC membership provides account protection up to a maximum of $500,000 per customer, of which $100,000 may be in cash. An explanatory brochure is available upon request or at www.sipc.org. Additionally, through Lloyds of London, LPL accounts have additional securities coverage of $99.5 million per customer, subject to a $500 million aggregate firm limit. Please contact your registered representative or refer to www.lpl.com for further information.

The account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments. This extensive coverage reflects a strong commitment to serving your investment needs.

*As reported by Financial Planning Magazine, June 1996 - 2006.

 Linsco/Private Ledger  Member FINRA/SIPC