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Governance, Risk and Compliance

Every business needs a safety net

At LPL Financial you're independent but never alone. We understand the importance of helping you protect the business you have built. Think of us as a safety net for your business. We offer independent advisors a robust, industry-leading platform of risk and compliance services and technology. Our Governance, Risk & Compliance (GRC) team serves as a true business partner to LPL Financial advisors. We work closely with you, providing the tools and resources you require to run a compliant and successful practice by leveraging:

  • A dedicated team of analysts
  • Deep industry knowledge and expertise
  • Hands-on audit and supervisory assistance
  • Automated processes, tools and technology

Dedicated team, focused on your needs

Experienced GRC staff members are dedicated to assisting with any regulatory, compliance or risk-management concern that may affect your business.

Deep industry knowledge and expertise

At LPL Financial we view GRC as more than a core service offering. It's a means of providing the best possible services and outcomes for all parties-clients, advisors and the firm.

Our registered compliance analysts benefit from participation in required continuing education as well as industry training programs and seminars to ensure they are up-to-date on the latest regulatory and legislative issues that impact your business.

Hands-on audit and supervisory assistance

Combining depth and breadth of expertise, LPL Financial compliance specialists can provide you with top-quality representation in these and other areas of importance to your business:
  • Assistance with all forms of audits
  • Help with OSJ supervisory activities
  • Advisory account reviews
  • Reporting of direct business, outside business and outside account activities
  • Assistance with sales-practices issues
  • Direction for recordkeeping requirements

Automated processes, tools and technology

The BranchNet OSJ Review Tool developed by LPL Financial incorporates leading-edge technology to automate and simplify processes for OSJ branch managers. This tool provides OSJ branch managers with a secure environment to manage required supervisory tasks on a daily and monthly basis.

 

The tool offers OSJ branch managers the following benefits:

  • Automates existing supervisory tasks such as email surveillance and Trade Blotter Review
  • Simplifies review procedures
  • Combines supervision functions in one location
  • Provides OSJ branch managers with the necessary tools to effectively conduct oversight of sales practice activities
  • Maintains an electronic audit trail of all reviewed items