About LPL Financial

LPL Financial is the number one independent broker/dealer in the country. LPL Financial seeks to fulfill your needs with suitable options from a wide range of the nation’s top provider of:

  • Mutual funds
  • Comprehensive asset management accounts
  • Variable and fixed annuities
  • Individual stocks and bonds
  • Estate, college, business, tax and retirement planning
  • Domestic and foreign securities
  • Alternative investments
  • Insurance
  • Trust services.

In recent years, independent brokerage firms – those offering the products of many non-affiliated companies – have grown rapidly. Many of the most successful investment professionals have come to realize the value of independence – both for themselves and their clients – and want to provide unbiased and independent advice.

Since its inception, LPL Financial has stood at the forefront of this growing market as the most truly independent firm in the industry. Independence at LPL Financial offers freedom of product choice, quality service, regulatory expertise and superior technological capabilities.


Your Advisor is a Seasoned, Autonomous Professional


Advisors who work with LPL Financial must have the experience and dedication necessary to build a successful and self-directed practice. This autonomy allows them to concentrate their efforts on the aspects of financial services where they are strongest and can be of the greatest help to you, the client.


Your Needs Come First


LPL Financial offers no investment products of its own, so advisors who work with LPL Financial can devote their time and energies not to product quotas and sales goals, but to understanding your individual financial objectives. To help them meet your needs with suitable options, LPL Financial provides access to thousands of individual securities and forms alliances with the nation’s leading providers of investment and insurance products.


Trading on Technology and Experience


LPL Financial technology enables speedy, straight-through processing of equity and bond trades directly from your advisor’s BranchNet interface, and the LPL Financial trading desk is staffed with experienced traders who can help advisors obtain more advantageous pricing.


Simplified Recordkeeping Makes It Easier for You


Your advisor counts on LPL Financial to keep track of all your transactions throughout the year. Consolidated statements make it easy to track your progress over time and simplify tax reporting, too. End-of-year summary statements collect all your important information, including purchases, sales, cost basis, income and dividend distributions, in a single report.


Unbiased Investment Research


Because LPL Financial doesn’t offer proprietary products and doesn’t engage in investment banking activities, we are able to provide unbiased investment recommendations that integrate a broad scope of investment products, including stocks, bonds, annuities, and mutual funds.

If you prefer a more comprehensive approach, advisors who work with LPL Financial can formulate a personalized investment management strategy. Our fee-based asset management programs range from one that may combine mutual funds, individual securities, and a no-loan annuity in a single portfolio to one that uses leading institutional money managers. Advisors who work with LPL Financial also have access to proprietary software for integrated estate, retirement and college planning.


Account Protection


The LPL Financial SIPC membership provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash. For an explanatory brochure, visit www.sipc.org. Additionally, through London Insurers, LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $575 million subject to condition and limitations.


FDIC-insured Case Accounts


Through the LPL Financial multi-bank insured Cash Account Program, deposits are eligible for up to $1.5 million of deposit insurance for individual or trust accounts, and up to $3 million of deposit insurance for joint accounts through the FDIC. At each bank, your Insured Cash Account deposits are insured by the FDIC to a maximum amount of $250,000 (including principal and accrued interest) when aggregated with all other deposits held by you in the same recognized legal capacity (e.g., individual, joint, IRA, etc.) at the same bank. For example, if you have an individual or trust brokerage account, you would be eligible for up to $250,000 of FDIC deposit insurance per bank. If you and your spouse have a joint account, your account would be eligible for up to $500,000 of FDIC deposit insurance per bank. If you have any questions about FDIC insurance coverage, visit www.fdic.gov. Keep in mind that other investment holdings are subject to loss.


Your One-on-One Relationship is Supported by Thousands


More than 2,400 employees in the San Diego, Boston, and Charlotte headquarters assist advisors who work with LPL Financial with everything from product knowledge to client service.

As the country’s number one independent broker/dealer, LPL Financial continues to set the standard for the industry. The commitment of LPL Financial to serving financial advisors and their clients has guided our growth in the past, and this dedication to service will continue to be our hallmark in the future.

  • Solid, unbiased advice
  • Meaningful, timely information and research
  • Easy access to value-added investments and services
  • Unparalleled client service

Advisors who work with LPL Financial can deliver all of these to you, backed by the support of our superior technology, comprehensive training programs, and dedicated personnel.

As LPL Financial moves forward, we remain committed to leading the independent brokerage business. Most importantly, we continue to set the highest standards in every aspect of supporting financial advisors, so that they may help you realize a new standard for your financial future. At LPL Financial, we understand the important role a financial advisor can play in managing your total financial life. That’s why we provide our financial advisors with the tools they need to help you meet your goals. When you choose an advisor supported by the vast resources of LPL Financial, you can be confident that your advisor will have access to independent research, state-of-the-art technology, innovative investment tools and the exceptional support that allows your advisor to devote his or her full attention to your needs and objectives. Today, LPL Financial is one of the nation’s leading diversified financial services companies and the largest independent broker/dealer, supporting thousands of financial advisors nationwide.


1 As reported by Financial Planning magazine, June 1996-2010, based on total revenue.

2 As with any system, congested system access and high volume may delay trade executions.

3 As reported by Financial Planning magazine, June 1996-2010, based on total revenue.

Mark J. McGowan Financial Planning

Palm Desert · Indian Wells La Quinta Palm Springs · Cathedral City · Rancho Mirage Indio · Coachella Thousand Palms







This site and any information contained herein are intended for informational purposes only and should not be construed as legal advice. The materials posted on this website are for personal, non-commercial use only and may be downloaded only for personal use. Republication, retransmission or reproduction of any images is strictly prohibited.

Proudly serving the Coachella Valley communities of Palm Desert, Rancho Mirage, Indian Wells, La Quinta, Indio, Palm Springs, Cathedral City, Bermuda Dunes, Desert Hot Springs, Thousand Palms, Coachella, and Thermal.

I actually was going to interview 3 individuals and as soon as I found Mark, I knew he was the one. I found him to be very interested in me personally in that he wanted to know about my whole background. Mark’s practice is unique in that I am able to go to him for not only legal matters but financial matters. It is all kind of under one roof and I don’t have to go to an extra party.

Yolande G.