Advisory Platforms

More Flexibility. More Options.

 

Expand your investment strategy with more models, more strategists, and more flexibility. Not only will you keep access to many of the strategists, models, and portfolios you have now, but you’ll gain much more.

  • Model Wealth Portfolios offers 17 strategists and 250 models.
  • Manager Select offers 175 strategists and 650 portfolios.

When you join LPL, your assets will initially move into the platform that creates the smoothest transition for you and your clients.

  • You’ll transition to Strategic Asset Management if you currently use any MAP platform or Fee-Based Annuity.
  • You’ll transition to Model Wealth Portfolios if you currently use Guided Investment Strategy.
  • You’ll transition to Manager Select if you currently use Lockwood SMA or SMAS.

 

Our platforms

Each of our advisory platforms is designed with specific goals and clients in mind. They offer varying account minimums and customization levels.

Graph showing the range of investment options on axes of customization (low to high) and account minimums (low to high). Guided Wealth Portfolios has the lowest minimum ($5,000) as well as least customization. Personal Wealth Portfolios has the highest account minimum ($250,000) with medium customization. Strategic Asset Management has the greatest level of customization with a $25,000 minimum.

Centrally managed platforms

Guided Wealth Portfolios. Designed for those who don’t require a high-touch service model, this platform offers the lowest account minimum at $5,000 and allows clients to view and track accounts.

Optimum Market Portfolios. For your clients with modest amounts to invest ($10,000 minimum), this platform offers a full-service advisory solution, providing access to well-known money managers who are often only available to institutional investors. It’s easy to grasp and offers unique customization benefits.

Model Wealth Portfolios. Mix and match up to three models in a single account to create portfolios that align with any investment objective, risk tolerance, and goal.

Personal Wealth Portfolios. For your high-net-worth clients, PWP offers sophisticated investment strategies through separately managed accounts, mutual funds, and exchange-traded products in a single, easy-to-implement account—for one, all-inclusive fee. Your clients benefit from a single statement and consolidated performance report.

Advisor-driven platforms

Strategic Asset Management. Our most customizable platform helps you develop successful client relationships by offering flexible solutions to achieve your clients’ goals. Multiple investments can be wrapped in one account with one consolidated statement for your client.

Manager Select. Great for investors who want more specialization, security-level customization, or access to unique strategies, this platform provides your clients the ownership of individual securities through separately managed accounts. With low platform and manager fees, you can offer clients investment options that, in many cases, have costs similar to those of mutual funds or exchange-rate funds.