LPL Financial has extended its Liquidity and Succession program beyond its internal advisor base to external advisors seeking to sell their book of business. This program allows advisors to monetize their businesses, whether due to retirement plans or a desire to offload operational responsibilities. Initially aimed at LPL advisors, it now caters to advisors planning to retire within three to seven years, although it’s open to advisors at any career stage. The program offers competitive valuations, customized payout structures, and operational support, facilitating a transition to LPL’s W-2 model Linsco.
LPL Opens Succession Program to External Advisors
