LPL's New Independent Employee Model Grid

LPL Independent Employee Model Grid August 2020

Up-front bonus 70-100%
7-year promissory note

Back-end bonus 40-80%
Annual bonus first 5 years
Earned on NNA above expected AUM

Payouts that are 35-40% higher versus the competition on average

Simplified structure based solely on production.

No growth targets or small household policies.

No platform, transaction, or admin fees for advisors (except 5bps fee for MWP)

Own Your Book Ability To Sell Your Practice Your Name First Branding Powerhouse Marketing Support Social Media Flexibility Flow Between Models Full Transition Support No Banking Requirements Tech Platform Built With Remote Working In Mind Office Space In Your Market Full Administrative & Tech Support LPL's Employee Benefits Package

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your customized offer?

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