{"id":20740,"date":"2023-09-21T19:40:18","date_gmt":"2023-09-21T19:40:18","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2023\/09\/21\/lpl-expands-succession-planning-program-to-advisors-outside-the-firm\/"},"modified":"2023-09-21T19:40:18","modified_gmt":"2023-09-21T19:40:18","slug":"lpl-expands-succession-planning-program-to-advisors-outside-the-firm","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/09\/21\/lpl-expands-succession-planning-program-to-advisors-outside-the-firm\/","title":{"rendered":"LPL Expands Succession Planning Program to Advisors Outside the Firm"},"content":{"rendered":"
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LPL Financial\u2019s Liquidity & Succession program is now available to advisors not affiliated with LPL, the firm said Wednesday.<\/p>\n

The program was launched internally in May 2022 as a test, a company spokeswoman said on Thursday.<\/p>\n

\u201cWe are really excited by the results and are confident this program will be a positive addition to the industry,\u201d Jared Fingeret, senior vice president of Liquidity & Succession, Strategic Programs at LPL, said in a statement.<\/p>\n

\u201cAdvisors who are nearing retirement are paired with other, philosophically aligned, independent advisors to help provide clients with a similar experience and seamless transition,\u201d he explained. \u201cWith so many seasoned advisors expected to retire within the next 10 years, LPL Liquidity & Succession not only helps ensure the continuation of independence \u2014<\/span> it creates opportunities to position the next generation of independent-minded advisors for success.\u201d<\/p>\n

The LPL spokeswoman told ThinkAdvisor on Thursday that \u201cmost of our products target advisors who are already here but this one is likely to be a driver to bring additional advisors to LPL.\u201d<\/p>\n

The new program, she explained, is \u201cvery different from\u201d LPL\u2019s Assurance Plan, which she noted is \u201dfor an unplanned exit from the industry\u201d due to death or incapacitation.<\/p>\n","protected":false},"excerpt":{"rendered":"

LPL Financial\u2019s Liquidity & Succession program is now available to advisors not affiliated with LPL, the firm said Wednesday. The program was launched internally in May 2022 as a test, a company spokeswoman said on Thursday. \u201cWe...<\/p>\n","protected":false},"author":1,"featured_media":20741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2023\/09\/lpl-expands-succession-planning-program-to-advisors-outside-the-firm.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20740"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20740"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/20741"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}