LPL Financial Selects SS&C To Support Growing Retail Alternatives Business

Core Insights - LPL Financial has expanded its partnership with SS&C Technologies to enhance its alternatives business through the integration of SS&C ALTSERVE™ [1][2] - The collaboration aims to streamline back and middle-office functions, standardize data feeds, and improve the custody of alternative investment products [2][8] Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting nearly 29,000 financial advisors and servicing approximately $1.7 trillion in brokerage and advisory assets for around 6 million Americans [3][5] - SS&C Technologies is a global provider of services and software for the financial services and healthcare industries, with over 22,000 organizations relying on its expertise and technology [6]