LPL Financial to Establish Regional Headquarters in York County, Add 3,000 jobs

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Company to invest $150 million for sustainable office in Fort Mill

COLUMBIA, S.C. - LPL Financial LLC, the nation's largest independent broker/dealer, today announced plans to construct a new regional headquarters in York County to accommodate its growing customer service operations. The company plans to invest at least $150 million through 2022 and create 3,000 jobs. 

The new LPL Financial corporate office will be in Kingsley Park in Fort Mill, immediately off of Interstate 77 at exit 85 (Highway 160). Construction will begin in 2015 with expected completion in the fall of 2016. The building will demonstrate LPL Financial's commitment to sustainability by leveraging site features, technology and materials to minimize the impact on the environment. Planned amenities-including a fitness and health center, ergonomically designed furnishings, onsite eatery and access to commerce and outdoor spaces, including the adjacent Anne Springs Close Greenway-will promote the health and well-being of employees. 

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), has designated the greater Charlotte region as its primary destination for job growth over the next five years. The company plans to triple its existing area employment level over time to 3,000 employees. 

The company plans to continue hiring while the Fort Mill headquarters is under construction. Those interested in positions with the company should visit LPL Financial's careers page. 

The Coordinating Council for Economic Development approved job development credits for the project. 

QUOTES 

"This is a proud moment for all of us at LPL as we stand on the threshold of a new era for our Charlotte-area employees. We plan to create a work environment that supports innovation, collaboration, and engagement-a space that promotes employees' overall well-being and where they will feel proud and excited to come to work every day. We know that by building such an exciting workplace, our employees will be empowered to do their best to support our clients. I look forward to the completion of our new campus and to our continued partnership with Governor Haley, York County, and the greater Charlotte region for years to come." -Mark Casady, chairman and CEO of LPL Financial 

"LPL Financial is one of the nation's premier financial advisor 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 our state. We welcome LPL Financial to South Carolina and look forward to a successful partnership for many years to come." -Gov. Nikki Haley 

"Our state is not only a manufacturing powerhouse - it is increasingly a top choice for corporate headquarters and the service sector. LPL Financial joins a roster of marquee companies that call South Carolina home, and we stand ready to assist as they grow their business here." -Secretary Bobby Hitt 

"LPL Financial's decision to select York County as home for this 3,000-employee investment services center represents the largest single job creation announcement in York County's history. The Kingsley North location in Fort Mill proves our ability to compete for Class A office projects in the Charlotte region. Fort Mill and the entire I-77 corridor will be transformed by this and future projects that are pending in York County." -Britt Blackwell, chairman of York County Council and the I-77 Alliance 

FIVE FAST FACTS

  • LPL Financial will establish its regional headquarters in York County.
  • $150 million investment expected to create 3,000 jobs.
  • LPL Financial will construct its new headquarters in Kingsley Park in Fort Mill, immediately off of Interstate 77 at exit 85 (Highway 160).
  • The building - expected to be completed in 2016 - will reflect the company's commitment to sustainable practices and will feature unique amenities for employees.
  • Those interested in positions with the company should visit LPL Financial's careers page. 

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), is the nation's largest independent broker/dealer (based on total revenues, Financial Planning magazine, June 1996-2014), an RIA custodian, and an independent consultant to retirement plans. LPL Financial offers proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 13,700 financial advisors and more than 720 financial institutions. In addition LPL Financial supports approximately 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have more than 3,000 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com. 

Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.

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