Case Study: LPL Financial doubles financial planning revenue with AdvicePay

LPL Financial doubles financial planning revenue in 3 years with AdvicePay

LPL Financial, a leading independent broker-dealer, faced challenges with manual billing and payments for its fee-for-service financial planning. This process was time-consuming, prone to errors, and created a poor client experience, hindering the firm's ability to capitalize on the growing demand for these services. To overcome this, LPL Financial partnered with AdvicePay.

AdvicePay implemented an automated billing and payments solution integrated with LPL's existing systems. This streamlined the process for advisors and clients while ensuring compliance. The partnership with AdvicePay transformed LPL's offering, doubling its financial planning revenue within three years and solidifying its position as an industry leader.

LPL Financial