LPL Financial has announced it will be adding more alternative investments for high-net-worth clients, according to Think Advisor.
After a multi-year journey of building its competitive edge, LPL is adding a custody and operational function to its platform, which allows the firm to add 2,500 products. By improving its website, accessibility to alternative options has increased significantly. Other improvements include enhancing its digital platform, expanding investment offerings, and offering private equity and private credit products.
LPL Financial has $1.7 trillion in total assets under management.
