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LPL Financial Selects SUBSCRIBE to Modernize Alternative Investment Platform
LPLALPL Financial(LPLA) Prnewswire·2025-02-20 17:15

Core Insights - LPL Financial has selected SUBSCRIBE to develop a customized platform to enhance its alternative investments program, aiming to streamline investment workflows and improve advisor-client experiences [1][2][4] - LPL Financial serves over 28,000 financial advisors and manages more than 1.8trillioninclientassets,indicatingitssignificantmarketpresence[1][7]−ThepartnershipwithSUBSCRIBEwillallowLPLtocentralizealternativeinvestmentproducts,compliancecontrols,andadvisoreducationonasingleoperatingsystem[1][3]CompanyOverview−LPLFinancialisoneofthelargestindependentwealthmanagementfirmsintheU.S.,withanetworkofapproximately1,200enterprisesand560registeredinvestmentadvisorfirms[1][7]−Thefirmemphasizesacommitmenttotheadvisor−mediatedmodel,providingadvisorswiththefreedomtochoosetheirbusinessmodelandtechnologyresources[7]TechnologyandInnovation−SUBSCRIBE′splatformisdesignedtointegrateseamlesslywithexistingsoftwareecosystems,providingcomprehensivesupportfortheentireinvestmentlifecycle,includingpre−trade,at−trade,andpost−tradeworkflows[4][5]−Theplatformsupportsover1.8 trillion in client assets, indicating its significant market presence [1][7] - The partnership with SUBSCRIBE will allow LPL to centralize alternative investment products, compliance controls, and advisor education on a single operating system [1][3] Company Overview - LPL Financial is one of the largest independent wealth management firms in the U.S., with a network of approximately 1,200 enterprises and 560 registered investment advisor firms [1][7] - The firm emphasizes a commitment to the advisor-mediated model, providing advisors with the freedom to choose their business model and technology resources [7] Technology and Innovation - SUBSCRIBE's platform is designed to integrate seamlessly with existing software ecosystems, providing comprehensive support for the entire investment lifecycle, including pre-trade, at-trade, and post-trade workflows [4][5] - The platform supports over 6 trillion in private market assets and aims to modernize the infrastructure of private fund investments [6] Strategic Goals - LPL Financial is focused on expanding its alternative investment offerings to meet the evolving needs of wirehouse and regional advisors [2] - The firm has made significant progress in developing a world-class platform for alternative investments, including the launch of a new order entry system [2]