Advisor Service Center (800) 877-7210
Contact Recruitment (888) 250-2420

Home > Support > Legal & Compliance

Legal & Compliance

Keep your business running smoothly. LPL Financial meets your compliance needs through dedicated resources and streamlined, technology-driven processes.
  • 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
The experienced staff in the LPL Financial compliance department is dedicated to assisting with any regulatory concern that may affect your business from dedicated analysts reviewing marketing and sales materials in a timely and thorough manner to providing assistance with supervisory activities or audits.

Deep industry knowledge and expertise
At LPL Financial, we view Compliance 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 licensed 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, the 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
  • Advice on advertising and marketing compliance

Automated imaging system streamlines compliance

  • Paperless system allows analysts to respond to status inquiries more quickly and spend more one-on-one time with the advisor for thorough and accurate review of materials
  • Initial submissions are sent to Advertising Compliance via fax, which allows for automatic imaging and direct delivery to the advisor’s dedicated analyst
  • Messages via the LPL Financial online BranchNet “Notifications” are sent whenever the status of any material changes so advisors and their staff have direct access to their status and usability
OSJ Review Tool
LPL Financial has taken important steps to simplify processes for OSJ branch managers by automating a number of supervisory responsibilities through the OSJ Review Tool in BranchNet. This tool provides OSJ branch managers with a simple and 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