{"id":513568,"date":"2021-07-15T09:04:07","date_gmt":"2021-07-15T13:04:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-launches-solution-protecting-independent-advisors-and-business-owners-during-short-term-leave\/"},"modified":"2021-07-15T09:04:07","modified_gmt":"2021-07-15T13:04:07","slug":"lpl-financial-launches-solution-protecting-independent-advisors-and-business-owners-during-short-term-leave","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-launches-solution-protecting-independent-advisors-and-business-owners-during-short-term-leave\/","title":{"rendered":"LPL Financial Launches Solution Protecting Independent Advisors and Business Owners During Short-Term Leave"},"content":{"rendered":"
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CHARLOTTE, N.C., July 15, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC<\/a> today announced the launch of its Resilience Plan, a new LPL Business Solution that provides advisors with client service coverage during a short-term leave of absence. The plan provides professional support from LPL\u2019s in-house team of licensed financial representatives covering a range of services, including account management, trade support and annual reviews, in the event an advisor takes a leave of absence for family, medical or personal reasons.<\/p>\n

\u201cMore than ever, we see a critical need to support the ongoing health and well-being of our advisors. Through our Resilience Plan, we aim to do exactly that: provide advisors with access to LPL\u2019s dedicated team of professionals, who can offer interim support to help ensure advisors have a strong practice to return to following a family or medical leave,\u201d said Matt Enyedi, LPL Financial managing director, Business Solutions. \u201cThe Resilience Plan gives financial advisors, including new parents looking to take maternity and paternity leave, the peace of mind and the security of knowing their business and their clients are being well-cared for during their leave.\u201d<\/p>\n

Support during a temporary leave of absence is critical for everyone, but can be especially difficult for those who are independent or sole proprietors, like many financial advisors. LPL\u2019s Resilience Plan helps make it possible for advisors to focus their full attention on their family at a critical time without sacrificing their business or their clients.<\/p>\n

\n Business Continuity Support for the Small Business Owner<\/strong>
\n
LPL\u2019s Resilience Plan was designed for financial professionals looking to take a short-term leave of absence for family or medical reasons, for up to nine months. It can be used in a variety of circumstances, including parental leave, personal illness, injury or caring for family. As part of this plan, LPL helps maintain some of the most important aspects of an advisor\u2019s client services, with no elimination period or exclusions for pre-existing conditions.<\/p>\n

Advisors who participate in the Resilience Plan have an opportunity to review their business and customer needs with LPL\u2019s in-house team, who will notify clients of the temporary change in service. After the advisor\u2019s leave of absence, LPL will be removed from client accounts, ensuring a seamless transition of advisory services every step of the way.<\/p>\n

The Resilience Plan is the seventh offering from LPL Business Solutions, a suite of services that provides advisors with dedicated specialists to help manage their businesses, run exceptional practices and meet the growing needs of their clients. Learn more about the Resilience Plan and LPL Business Solutions<\/a>.<\/p>\n

\n
\n About LPL Financial<\/u>
\n <\/strong>
\n
LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to objective guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.<\/p>\n

\n * Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S (Based on total revenues, Financial Planning magazine June 1996-2020); No. 1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 as of June 2021<\/em>\n <\/p>\n

Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor.\u00a0Member FINRA\/SIPC.\u00a0<\/p>\n

Throughout this communication, the terms \u201cfinancial advisors\u201d and \u201cadvisors\u201d are used to refer to registered representatives and\/or investment advisor representatives affiliated with LPL Financial LLC.\u00a0We routinely disclose information that may be important to shareholders in the \u201cInvestor Relations\u201d or \u201cPress Releases\u201d section of our website.<\/p>\n

Connect with Us!<\/p>\n

\n https:\/\/twitter.com\/lpl<\/a>
\n
\n
\n <\/a>
\n
\n https:\/\/www.linkedin.com\/company\/lpl-financial<\/a>
\n
\n
\n <\/a>
\n
\n https:\/\/www.facebook.com\/LPLFinancialLLC<\/a>
\n
\n
\n <\/a>
\n
\n https:\/\/www.youtube.com\/user\/lplfinancialllc<\/a>\n <\/p>\n

\n
\n Media Contact:<\/u>
\n <\/strong>
\n
Lauren Hoyt-Williams
(980) 321-1232
Lauren.Hoyt-Williams@lpl.com<\/a><\/u><\/p>\n

\u00a0<\/p>\n


\n
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<\/div>\n","protected":false},"excerpt":{"rendered":"

CHARLOTTE, N.C., July 15, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC today announced the launch of its Resilience Plan, a new LPL Business Solution that provides advisors with client service coverage during a short-term leave of absence. The plan provides professional support from LPL\u2019s in-house team of licensed financial representatives covering a range of services, including account management, trade support and annual reviews, in the event an advisor takes a leave of absence for family, medical or personal reasons. \u201cMore than ever, we see a critical need to support the ongoing health and well-being of our advisors. Through our Resilience Plan, we aim to do exactly that: provide advisors with access to LPL\u2019s dedicated team of professionals, who can offer … <\/p>\n

Continue reading “LPL Financial Launches Solution Protecting Independent Advisors and Business Owners During Short-Term Leave”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-513568","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLPL Financial Launches Solution Protecting Independent Advisors and Business Owners During Short-Term Leave - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-launches-solution-protecting-independent-advisors-and-business-owners-during-short-term-leave\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPL Financial Launches Solution Protecting Independent Advisors and Business Owners During Short-Term Leave - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHARLOTTE, N.C., July 15, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC today announced the launch of its Resilience Plan, a new LPL Business Solution that provides advisors with client service coverage during a short-term leave of absence. The plan provides professional support from LPL\u2019s in-house team of licensed financial representatives covering a range of services, including account management, trade support and annual reviews, in the event an advisor takes a leave of absence for family, medical or personal reasons. \u201cMore than ever, we see a critical need to support the ongoing health and well-being of our advisors. 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