LPL Financial Announces Inaugural Investor Day

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BOSTON, Nov. 5, 2013 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq:LPLA) (the "Company"), parent company of independent broker-dealer LPL Financial LLC ("LPL Financial"), today announced it will host its inaugural Investor Day on November 12, 2013, from 8 a.m. to 12:30 p.m., at the Westin Grand Central in New York. Several LPL Financial executives are scheduled to present at the event, including Mark Casady, chairman and chief executive officer; Robert Moore, president; Dan Arnold, chief financial officer; and others. Presentations will include, among other things, insight into LPL Financial's growth strategy, business model and financial opportunities. In addition, the event will include a panel discussion with executives from three industry-leading financial services companies.

Attendance at Investor Day requires advanced registration. Please contact Investor Relations by emailing investor.relations@lpl.com or dialing (617) 897-4574 for further information. A live webcast of the event and a copy of the presentation will each be made available on the Investor Relations section of the Company's website (www.lpl.com). A replay of the event will also be available soon after the live webcast at www.lpl.com.

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq:LPLA), is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2013), a top RIA custodian*, and a leading independent consultant to retirement plans. LPL Financial offers proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 13,500 financial advisors and approximately 700 financial institutions. In addition, LPL Financial supports approximately 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have approximately 3,000 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

Securities and Advisory Services offered through LPL Financial. A Registered Investment Advisor, Member FINRA/SIPC

*Cerulli Associates: RIA Service Agent Survey Q1 2013

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CONTACT: Investor Relations Trap Kloman LPL Financial Phone: (617) 897-4574 Email: investor.relations@lpl.com Media Relations Betsy Weinberger LPL Financial Phone: (858) 900-7122 Email: betsy.weinberger@lpl.com

Source:LPL Financial