LPL Financial Partners with Simplicity Group in Strategic Agreement
LPL Financial Holdings and Simplicity Group, a leading insurance partner for advisors, financial institutions, and consumers, announced a strategic agreement that will expand insurance capabilities and support for LPL advisors. Effective May 1, Simplicity will become LPL's preferred Brokerage General Agency, providing advisors with advanced technology, comprehensive insurance resources, and elevated service experiences for clients seeking protection solutions. Through this relationship, LPL advisors who choose to use Simplicity will gain access to a broad suite of offerings, including dedicated wholesale and point-of-sale support, fully integrated end-to-end solutions, and advanced planning expertise for high-net-worth clients. As part of the agreement, LPL will transition its existing internal LPL Insurance Associates business to Simplicity, creating a unified and seamless experience for advisors and their clients.
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