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Deferred Compensation Plan

In our continuous effort to provide our advisors with competitive benefits programs, LPL offers a Deferred Compensation Plan managed by the Newport Group. This plan has been developed to provide you with an extremely effective means to accumulate assets for the future.


Key Features of the Plan Include:
  • The ability to defer a portion of your broker commissions and investment advisory fees on a pre-tax basis
  • The ability to set up pre-tax, in-service accounts to help you efficiently save for pre-retirement needs, such as college tuition
  • A menu of investment options representing a broad range of well-known asset managers
  • “Model” portfolios to help you automatically diversify your investments
  • Flexible retirement distribution options

The Newport Group, a leading retirement services and asset management firm that specializes in the design, funding and administration of retirement plans is the plan provider and recordkeeper for the LPL Financial independent advisor deferred compensation plan.

Services Provided by Newport Group Include:

  • A participant website where you can view account balances, easily perform multiple transactions, assess your tolerance for investment risk and take advantage of robust educational and financial planning tools
  • Easy-to-read quarterly statements designed to provide pertinent account information
  • A toll-free Client Service Center staffed with professional benefit specialists who provide personal service