StockWatch
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Investment Bankers/Brokers/Service
AwardJul 9, 2026, 08:15 AM

LPL Financial Firms Rank #1 & #2 in JD Power Advisor Satisfaction Study

AI Summary

LPL Financial Holdings Inc. announced that its firms secured the top two spots in the JD Power 2026 U.S. Financial Advisor Satisfaction Study. Commonwealth Financial Network, an LPL acquisition, achieved its 13th consecutive #1 ranking, while LPL Financial LLC rose to #2. This recognition highlights the combined strength of personalized service and LPL's scale, innovation, and capabilities, demonstrating a shared commitment to advisor success.

Key Highlights

  • Commonwealth Financial Network, acquired by LPL in 2025, earned its 13th consecutive #1 ranking.
  • LPL Financial LLC rose to the #2 overall ranking in the study.
  • Both firms ranked in the 'Independent Advisor Satisfaction Among Financial Investment Firms' category.
  • Commonwealth achieved highest scores in compensation, leadership, professional development, products, and operational support.
  • LPL Financial supports over 32,000 financial advisors and 1,100 financial institutions.
  • The firm services and custodies approximately $2.3 trillion in brokerage and advisory assets.