LPL Financial Holdings Inc.
Aug 4, 2011

LPL Financial Announces Rollout of AdminU Program to Retirement Partners Advisors

- Enables Support Staff of Retirement Plan-Focused Advisors to Augment Retirement Knowledge and Client-Facing Skill Sets -

Boston, August 4, 2011 - LPL Financial LLC ("LPL Financial" or "the company"), the nation's largest independent broker-dealer*, today announced that a retirement plan-focused version of its new strategic educational curriculum, Admin University (AdminU), is now available to administrative and support staff of advisors served by LPL Financial Retirement Partners.

The company launched the inaugural version of AdminU earlier this year to help advisors' support staff leverage the wealth of knowledge, resources and best practices available through LPL Financial.  Under the program, students acquire the business and interpersonal skills needed to most effectively administer a financial advisor's office, including office management, technology, client service skills and marketing proficiency.

The rollout of AdminU to the company's Retirement Partners business serves a pressing need for highly skilled and specialized client service in the retirement space.  As retirement plans becomes increasingly more complex, the administrative needs of plan sponsors and investment needs of participants intensify.

Bill Chetney, executive vice president of LPL Financial Retirement Partners, said, "It comes as no surprise that the best-performing financial advisors also have the best-performing support staff. AdminU helps the support staff of our financial advisors leverage the wealth of retirement-plan focused knowledge, resources and best business practices available through LPL Financial Retirement Partners.  Aided by a confident, knowledgeable support staff whose skills and knowledge Admin U was designed to enhance, advisors can increase the number of client relationships they effectively serve, which translates into a substantial competitive advantage."

About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Investment Holdings Inc., is an independent broker-dealer. LPL Financial and its affiliates offer proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to over 12,600 financial advisors and approximately 750 financial institutions. Additionally, LPL Financial supports over 4,000 financial advisors who are affiliated and licensed with insurance companies with customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have approximately 2,700 employees with employees and offices in Boston, Charlotte, and San Diego. For more information, please visit


*Based on total revenues, Financial Planning magazine, June 1996-2011


Media Contacts

Joseph Kuo
LPL Financial
(704) 733-3931

Michael Herley
Kekst and Company
(212) 521-4897