LPL Financial is one of the nation’s leading financial services companies and largest independent broker/dealer*. In addition to providing a full range of investment products and services, LPL also provides world-class technical and back office support, and offers extensive account protection.** LPL provides access to one of the largest independent research departments in the industry. And, because LPL does not offer its own proprietary investment products, you are assured of receiving objective financial advice.

The Investorside Research Association certifies its members have no investment banking conflicts. LPL Financial is a Certified Member of the Investorside Research Association.

In 2013, LPL Financial celebrates its forty-fifth year of helping financial advisors deliver quality investment advice. LPL Financial has risen to prominence driven by a commitment to independence, excellence, and four key tenets it believes are essential to achieving client financial goals:

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

Key Information:

As of 9/30/2012
  • Largest Independent broker/dealer in the country*
  • Headquartered in Boston, San Diego, and Charlotte
  • 13,300 independent financial advisors and registered investment advisors nationwide
  • 6,300 branch offices in the U.S.
  • 700 financial institutions
  • Over 4,000 institutional clearing and technology subscribers
  • Approximately 2,700 employees
  • $316 billion in assets under management
  • $96 billion in advisory assets under management

LPL History

Through the 1989 merger of two brokerage firms, Linsco (established in 1968) and Private Ledger (founded in 1973), the founders of LPL Financial sought to create a formidable alternative to Wall Street firms, one where financial advisors could build highly competitive businesses while always doing what was right for their clients. Today, LPL Financial is the largest independent broker/dealer in the country. Its success has been driven by a commitment to enable its financial advisor customers to reduce the complexity of running and managing a successful business.

In 2005, LPL Financial sold a 60 percent ownership stake to two private equity partners, Hellman & Friedman LLC and Texas Pacific Group. LPL Financial and its equity partners are strongly committed to maintaining the independence of the firm, with a shared vision of future success.

* Based on total revenues as reported by Financial Planning magazine, June 1996-2012, based on total revenues

** The LPL Financial SIPC membership provides account protection up to a maximum of $500,000 per customer, of which $100,000 may be in cash. For an explanatory brochure visit www.sipc.org.. Additionally, through Lloyds of London, LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $750,000,000 subject to conditions and limitations. The account protection applies when an 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 servicing your investment needs.

Through the LPL Financial multi-bank Insured Cash Account Program, deposits are eligible up to $1 million of deposit insurance for individual accounts, and up to $2 million of deposit insurance for joint accounts through the FDIC. At each bank, your Insured Cash Account deposits are insured by the FDIC to a maximum amount of $100,000 (including principal and accrued interest) when aggregated with all other deposits held by you in the same recognized legal capacity (e.g., individual, joint, IRA, etc.) at the same bank. For example, if you have an individual brokerage account, you would be eligible for up to $100,000 of FDIC deposit insurance per bank. If you and your spouse have a joint account, your account would be eligible for up to $200,000 of FDIC deposit insurance per bank. If you have any questions about FDIC insurance coverage, visit www.fdic.gov.

Please see LPL Financial’s Capabilities Brochure for further information.

Pacific Wealth Advisors, LLC
2391 The Alameda, Suite 200
Santa Clara, CA  95050
Phone (650) 353-4702 |  Fax (650) 433-5404

Securities and Advisory Services offered through LPL Financial.  Member FINRA/ SIPC 

Information provided on this website is solely intended for the use of individuals residing in the states listed. No information provided on this website is intended to constitute an offer to sell or a solicitation of an offer to buy shares of any security, insurance product, advisory product or service, or other financial product or service. Pacific Wealth Advisors, LLC, its Investment Advisor Representatives, or the Registered Representatives or Investment Advisor Representatives with LPL Financial whose identities and association with Pacific Wealth Advisors, LLC are disclosed herein may only discuss securities and advisory services or transact business with persons who are residents of the states listed below or states where the Investment Advisor Representative is excluded or exempt from registration. Current states of registration are: AZ, CA, CO, FL, HI, IL, NM, NV, OH, OR, SD, TX, WA, WI.  Consulting services offered through Pacific Wealth Advisors, LLC, a Registered Investment Advisor and a separate entity from LPL Financial.  Investment Advisory services offered through LPL Financial.

Our Team members of Pacific Wealth Advisors may be Registered Representatives and/or Investment Advisor Representatives (IARs) with LPL Financial.  In such capacity as IAR, the IAR may offer advisory accounts through LPL Financial, the details of which are fully described in LPL's Form ADV or relevant schedules.  Financial Planning clients are under no obligation to use PWA or its IARs, or the IARs of LPL Financial, to implement advisory recommendations.  

If your state of residence in not listed herein, Pacific Wealth Advisors, LLC, its IARs, or the IARs with LPL Financial associated with Pacific Wealth Advisors, LLC may be excluded or exempt from registration in your state and may conduct business upon registering. To check on excluded or exempt status, please email contact@pacwealthadvisors.com for specific information. As additional assistance, you can locate an LPL financial representative in your state by accessing www.lpl.com.