{"id":612005,"date":"2026-04-28T22:00:11","date_gmt":"2026-04-28T22:00:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/612005\/"},"modified":"2026-04-28T22:00:11","modified_gmt":"2026-04-28T22:00:11","slug":"lpl-launches-program-for-advisors-on-military-duty","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/612005\/","title":{"rendered":"LPL Launches Program for Advisors on Military Duty"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">LPL Financial has launched a new support program to help affiliated advisors serving in the military maintain the stability of their practices when they\u2019re called to active duty.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Under the Military Deployment Practice Continuation Program, advisors in the U.S. Armed Forces will designate a qualified continuity partner to service their clients while they\u2019re deployed and for up to 90 days when they return. Or, if needed, LPL will support their book of business. Over 1,600 reps with LPL have some kind of military affiliation.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Under FINRA\u2019s Active Military Leave policy, the self-regulatory organization places registered reps on inactive status during active duty, temporarily pausing registration and continuing education requirements.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Advisors in LPL\u2019s program will agree to a revenue split with the continuity partner or LPL, and they\u2019ll receive their portion of the revenue during their deployment.\u00a0<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/ibd-news\/cetera-combines-two-employee-firms-to-create-19b-ria\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Cetera Combines Two Employee Firms to Create $19B RIA<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cFinancial advisors who answer the call to serve their country should not have to choose between fulfilling their military duty and protecting the future of their practice,\u201d said Jeremy Holly, executive vice president of\u00a0LPL\u00a0Capital Partners, in a statement. \u201cOur Military Deployment Practice Continuation Program provides clarity, structure and continuity\u2014for advisors, their clients and the partners who support them\u2014during what can be an incredibly challenging transition.\u201d<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Through the program, LPL will provide guidance that active-duty advisors may need throughout the process, including revenue-sharing guidance, state registration considerations, carrier processing timelines and assistance with FINRA registration.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Programs that support military advisors are few and far between. In 2012, Edward Jones launched its FORCES program (Focused on Recruiting Canadian and U.S. Servicemembers) to transition military veterans into financial advisor careers. In 2022, Raymond James <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/wealth-management-industry-trends\/raymond-james-launches-network-for-fa-military-vets\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">launched the Veteran Financial Advisors Network<\/a> aimed at helping\u00a0financial advisors who are military veterans build their businesses and attract active duty or recently retired service members to the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"LPL Financial has launched a new support program to help affiliated advisors serving in the military maintain the&hellip;\n","protected":false},"author":2,"featured_media":612006,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-612005","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/612005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=612005"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/612005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/612006"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=612005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=612005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=612005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}