LPL Financial plans move out of Charlotte, N.C., to new regional HQ in South Carolina

Independent broker-dealer plans to invest $150 million, add 2,000 jobs in region
JUL 14, 2014
LPL Financial announced plans to construct a new regional headquarters, relocating more than 1,000 employees less than 20 miles to Fort Mill, S.C., from Charlotte, N.C., with plans to add 2,000 new jobs. The Charlotte area has been designated by LPL Financial as its primary destination for job growth during the next five years, with plans to invest at least $150 million in the region by 2022. "This is a proud moment for all of us at LPL Financial as we are standing on the threshold of a new era for our Charlotte-area employees," said Mark Casady, chairman and CEO of LPL Financial, in a statement. "We plan to create a work environment that supports innovation, collaboration and engagement." Construction is scheduled to begin in 2015 with completion expected by fall of 2016. "LPL Financial is one of the nation's premier financial adviser firms, and we couldn't be more excited that they are choosing to grow and succeed here in South Carolina, investing $150 million and intending to create a total of 3,000 new jobs in the state," South Carolina Gov. Nikki Haley said in the statement.

Latest News

Integrated Partners, Kestra welcome multigenerational advisor teams
Integrated Partners, Kestra welcome multigenerational advisor teams

Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.

Trump not planning to fire Powell, market tension eases
Trump not planning to fire Powell, market tension eases

Futures indicate stocks will build on Tuesday's rally.

From stocks and economy to their own finances, consumers are getting gloomier
From stocks and economy to their own finances, consumers are getting gloomier

Cost of living still tops concerns about negative impacts on personal finances

Women share investing strengths, asset preferences in new study
Women share investing strengths, asset preferences in new study

Financial advisors remain vital allies even as DIY investing grows

Trump vows to 'be nice' to China, slash tariffs
Trump vows to 'be nice' to China, slash tariffs

A trade deal would mean significant cut in tariffs but 'it wont be zero'.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.