Where are my assets and investments currently held?

Your assets and investments are held in custody with an investment company, an insurance company, or the clearing firm of LPL Financial.

A custodian is a third-party institution or entity that holds and safeguards financial assets on behalf of clients.

A clearing firm acts as an intermediary between LPL Financial and the financial exchanges where securities are traded. When a client places an order to buy or sell a security through LPL Financial, the clearing firm processes the transaction, confirms the trade, settles the payment, and maintains custody of the securities.