Violation Tracker Parent Company Summary
Parent Company Name:
LPL Financial
Ownership Structure:
publicly traded (ticker symbol LPLA)
Headquartered in:
California
Major Industry:
financial services
Specific Industry:
investment advisory services
Penalty total since 2000:
$80,169,808
Number of records:
37
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| financial offenses | $78,169,808 | 36 |
| consumer-protection-related offenses | $2,000,000 | 1 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
|---|---|---|
| investor protection violation | $78,169,808 | 36 |
| consumer protection violation | $2,000,000 | 1 |
Notes:
Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.
| Company | Primary Offense Type | Year | Agency |
Penalty Amount |
|---|---|---|---|---|
| LPL Financial LLC | investor protection violation | 2018 | MULTI-FIN | $26,000,000 |
| LPL Financial LLC | investor protection violation | 2019 | MULTI-AG | $25,848,000 |
| LPL Financial LLC | investor protection violation | 2019 | SEC | $9,333,516 |
| LPL Financial LLC | consumer protection violation | 2015 | MULTI-AG | $2,000,000 |
| LPL Financial, LLC | investor protection violation | 2014 | IL-SEC | $2,000,000 |
| LPL Financial LLC | investor protection violation | 2015 | MULTI-FIN | $1,425,000 |
| LPL Financial Corp. | investor protection violation | 2009 | MT-SEC | $1,294,416 |
| LPL Financial LLC | investor protection violation | 2019 | MA-SEC | $1,100,000 |
| Investment Centers of America, Inc. | investor protection violation | 2007 | MO-SEC | $1,031,618 |
| LPL Financial LLC | investor protection violation | 2017 | MA-SEC | $1,000,000 |
| LPL Financial LLC | investor protection violation | 2020 | NH-BSR | $976,000 |
| LPL Financial, LLC | investor protection violation | 2017 | NJ-AG | $975,000 |
| LPL Financial LLC | investor protection violation | 2017 | MA-SEC | $975,000 |
| LPL Financial, LLC | investor protection violation | 2014 | IL-SEC | $815,218 |
| LPL Financial, LLC | investor protection violation | 2015 | NH-BSR | $750,000 |
| UVEST Financial Services Group, Inc. | investor protection violation | 2013 | MULTI-FIN | $750,000 |
| LPL Financial LLC | investor protection violation | 2013 | MA-SEC | $500,000 |
| LPL Financial LLC | investor protection violation | 2019 | AK-DBS | $499,000 |
| LPL Financial LLC | investor protection violation | 2019 | MD-SEC | $499,000 |
| LPL Financial, LLC | investor protection violation | 2018 | IN-SEC | $450,000 |
| LPL Financial Corp. | investor protection violation | 2010 | IL-SEC | $300,000 |
| LPL Financial Corporation | investor protection violation | 2008 | SEC | $275,000 |
| LPL Financial, LLC | investor protection violation | 2011 | IL-SEC | $250,000 |
| LPL Financial LLC | investor protection violation | 2015 | MA-SEC | $250,000 |
| LPL Financial LLC | investor protection violation | 2015 | DE-SEC | $200,000 |
| LPL Financial LLC | investor protection violation | 2013 | MO-SEC | $185,000 |
| LPL Financial LLC | investor protection violation | 2011 | OR-FIN | $100,000 |
| LPL Financial LLC | investor protection violation | 2016 | TX-SEC | $95,000 |
| LPL Financial LLC | investor protection violation | 2018 | AL-SEC | $80,000 |
| LPL Financial LLC | investor protection violation | 2019 | AR-SEC | $40,000 |
| LPL Financial LLC | investor protection violation | 2018 | MS-SEC | $40,000 |
| LPL Financial LLC | investor protection violation | 2019 | SC-SEC | $40,000 |
| LPL Financial Corp. | investor protection violation | 2010 | MO-SEC | $37,540 |
| LPL Financial LLC | investor protection violation | 2012 | MT-SEC | $30,500 |
| LPL Financial, LLC | investor protection violation | 2013 | IN-SEC | $14,000 |
| Investment Centers of America Inc. | investor protection violation | 2006 | ND-SEC | $6,000 |
| LPL Financial Corporation | investor protection violation | 2008 | TX-SEC | $5,000 |
