LPL Financial Admin Solutions for Advisors
At LPL Financial, we offer a way to preserve your time as a financial advisor, and increase your capacity to serve your clients through LPL’s Admin Solutions. Your dedicated LPL admin professional will handle your administrative and operational task so you can spend more time building your business.
Your time is your most valuable asset
As your business grows, so does the demand for your most valuable asset — your time. At LPL Business Solutions, we offer a way to preserve your time, and increase your capacity to serve your clients through an Admin Solutions professional.
We’ll carefully conduct the screening, hiring, and training process to ensure your professional is ready and able to help your business from the start. With an admin that’s well-versed in LPL systems, LPL tools, and business-standard processes, you’ll find immediate efficiency and improvement in each business day.
Key Benefits of Admin Solutions
LPL Professionals
Your dedicated LPL administrative professional is well-versed in critical LPL business functions to help tackle your high-volume tasks.
Free Up Time
Free up executive time to focus on client relationships and prospecting.
Designed For You
We handle the daily administrative tasks, so you get more time to focus on your client relationships and prospecting.
Flexibility
Pick a time frame of your choice for Admin Solutions to assist your team — subscription options include seasonal help for a few months, to year-round help to conquer your to-do lists.
Admin Solutions by the numbers
40%
savings on hiring expenses
75
hours saved per month on operational tasks
50%
reduction in service calls
30%
increase in eSignature adoption
Why Admin Solutions?
With LPL Admin Solutions, you'll be able to focus on what needs your attention most — your clients’ financial goals.
General assistance
- Schedule appointments and manage calendars
- Maintain client correspondence and update information
- Assist in meeting preparation and proofing documents
Financial Tasks
- Manage standard account activity
- Process new account documentation
- Oversee maintenance, transfers, and cash management of existing accounts
LPL Technology Expertise
- Apply their extensive knowledge and training in LPL’s proprietary software
- Receive continuous training on newly released software and products to ensure the most innovative solutions are navigable for your business
Who's raving and why
Financial advisors who needed administrative support — but didn’t want to recruit, train, or hire an employee — discuss the many benefits of Admin Solutions.
Additional Solutions
Admin Solutions FAQs
I’m getting flooded with client communications and want to make sure I’m replying in a timely manner. Can an admin help with that?
Yes! Your admin can be the direct-dial contact for you and your clients. Your admin can work with you to handle customer inquiries, follow-up on transactions, set up conference calls, and schedule appointments.
How will my admin be assigned to me?
We will take time to match you with the right fit based on your specific business challenges. You’ll be paired with an experienced admin professional — backed by an LPL support team — who will learn the ins and outs of your business, to ensure your needs are always met.
How can I reassure my clients that their information is safe with my new admin?
As an LPL employee, your admin will have already received and passed a background check. They will have also signed a confidentiality agreement to protect your business and your clients’ private and sensitive data. ClientWorks access will be granted at an administrative assistant level throughout the entirety of their time with your business.
When should I partner with Admin Solutions?
There are many seasons and reasons why you might choose to work with the LPL Admin Solutions team. For example, you may want seasonal help during the busiest times of the year — like tax season, annual review time, mid-year reporting, and completing end-of-year planning. You may need extra help with your workload due to temporary staff absences, like taking medical or family leave. Or, you could choose to have Admin Solutions assist with tasks all year long. Your admin can work with you in a time frame that fits your business best!
Are admins available to work outside of business hours?
While we understand that your business may not follow traditional hours, our admins are available Monday through Friday and observe the same holidays as LPL and Wall Street. However, your admin will work with you to guarantee that proper forwarding and out-of-office notifications are enabled outside of working hours.
For Financial Professional Use Only.
Tracking # 568111