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Find a Location

LPL Financial has 19 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • LPL Financial

      4707 Executive Dr San Diego, CA 92121-3091

    • LPL Financial LLC

      700 12th St NW Ste 700 Washington, DC 20005-4052

    • LPL Financial

      1422 Euclid Ave Ste 1130 Cleveland, OH 44115-2065

    • LPL Financial

      75 State St Boston, MA 02109-1827

    • LPL Financial

      239 Littleton Rd Ste 4B Westford, MA 01886-3543

    Business ProfileforLPL Financial

    Financial Services
    HeadquartersMulti Location Business
    The Complaints and Reviews shown on this HQ profile may have been submitted against either the HQ itself or one of the corporate-owned locations found under "Find Locations".

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 20 Customer Reviews

    Customer Complaints

    52 complaints closed in last 3 years

    24 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    This business offers proprietary technology, practice management programs and training services.

    Business Details

    This is a multi-location business.

    Find a Location

    LPL Financial has 19 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • LPL Financial

        4707 Executive Dr San Diego, CA 92121-3091

      • LPL Financial LLC

        700 12th St NW Ste 700 Washington, DC 20005-4052

      • LPL Financial

        1422 Euclid Ave Ste 1130 Cleveland, OH 44115-2065

      • LPL Financial

        75 State St Boston, MA 02109-1827

      • LPL Financial

        239 Littleton Rd Ste 4B Westford, MA 01886-3543

      Headquarters
      4707 Executive Dr, San Diego, CA 92121-3091
      BBB File Opened:
      3/1/1972
      Years in Business:
      48
      Business Started:
      7/1/1975
      Business Incorporated:
      11/15/2010
      Licensing Information:
      This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
      Type of Entity:
      Limited Liability Company (LLC)
      Alternate Business Name
      • LPL Financial LLC
      • Linsco/Private Ledger Financial Services
      Business Management
      • Ms. Ashley Commito, Administrative Assistant
      • Mr. Dan H Arnold, President/CEO
      • Mr. Roma Patel, Vice President
      Contact Information

      Customer Contact

      • Ms. Ashley Commito, Administrative Assistant
      • Mr. Julio C Martin
      Additional Contact Information

      Website Addresses

      Industry Tip

      BBB Tip: How to shop for financial services

      Customer Complaints

      52 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      03/12/2024

      Complaint Type:
      Service or Repair Issues
      Status:
      Unanswered
      My father, a retired priest in his 80s apparently invested money with *********************** with LPL Financial. she put him in a real estate investment trust that was completely illiquid and could not be liquidated or sold. It also paid her what I understand to be very high fees. She had not been in touch with him for some years about his investments or how she was directing them, although she was continuing to collect very high fees for managing his investments. Once he passed away, LPL made it extremely difficult to liquidate the cash funds, requiring us to navigate a red-tape maze and then disregarding my explicit instructions about liquidating the funds and sending them to me for distribution. They instead opened three new accounts for us, trying to get us to continue investing with LPL Financial. When we refused, they finally sent us the funds. This process took months and months.The **** fund was still in place, and we tried for more months to get them to liquidate that. They resisted all our efforts, and I finally took a break from the full-time job that was LPL Financial. I continued to receive statements on the **** account. In September of 2023, we again tried to get them to liquidate the **** account. They resisted again, claiming that it was a lost account in their system. They could not explain how they had all the estate documents and continued to send me regular statements but had lost the account.It is now March of 2023. They still have not liquidated the **** despite our having filled out all the forms over and over again. The **** apparently has a quarterly redemption cycle, and we have missed 3 redemption cycles due to their internal paperwork requirements. The **** has lost nearly $10,000 in value in that time. They cannot explain why they are incapable of smoothly navigating their own internal processes and sending in the redemption request in a timely manner.

      Customer Reviews

      20 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Jennifer R

      1 star

      03/01/2024

      In my 55 years of saving and investing for my retirement, LPL is by far the worst financial institution I've dealt with filled people who give you false and misleading information. They charge astronomical "advisory" fees. Case in point, I was charged $685 on an account I have been asking them to close/transfer to another investment company and they still are holding onto the funds stating this time that the funds my $ is invested in can only be liquidated on a quarterly prorated basis. Interesting how I'm hearing about this on the 6th inquiry about the account. When asked why I was charged an advisory fee, I was told that is up to the advisor. Is this true or false? Being nothing credible has been shared with me I find that hard to believe. I've asked to speak to a higher level of management and I'm going to submit an inquiry with *****. I will make this my pet project to get to the bottom of their lies and gangster-like money management.

      Local BBB

      Better Business Bureau Serving the Pacific Southwest

      BBB Reports On

      BBB reports on known marketplace practices.

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