LPL Financial Files Definitive Proxy Materials
March 29 2018 - 7:05AM
LPL Financial Holdings Inc. (NASDAQ:LPLA) today announced that its
2018 annual meeting of stockholders will be held May 17 at noon ET
at its offices located at 1055 LPL Way in Fort Mill, S.C. LPL has
filed definitive proxy materials with the Securities and Exchange
Commission related to the annual meeting.
As reflected in the proxy materials, Marco “Mick” Hellman has
decided that he will not seek reelection as a director upon
expiration of his current term at the annual meeting.
“On behalf of the board, I thank Mick for his service to LPL and
our stockholders. He has been an exemplary colleague and valued
member of the board in helping to guide the company through a
period of significant transformation and growth,” said Jim Putnam,
chair of the Board. “We wish him success in his future
endeavors.”
With Mr. Hellman’s decision, eight directors have been nominated
for reelection at the 2018 annual meeting of stockholders, as
recommended by the board’s nominating and governance committee,
which is also responsible for identifying, evaluating and
recruiting additional qualified persons to serve on the board in
the future.
IMPORTANT INFORMATIONIn connection with its
2018 annual meeting of stockholders, the company has filed a
definitive proxy statement on Schedule 14A with the Securities and
Exchange Commission. INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE
URGED TO READ THE PROXY STATEMENT FOR THE 2018 ANNUAL MEETING IN
ITS ENTIRETY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors
and stockholders may obtain free copies of the Company's definitive
proxy statement and any other documents filed by the Company in
connection with the 2018 annual meeting at the SEC's website at
www.sec.gov. Free copies of the definitive proxy statement are also
available in the "Investors" section of the Company's website at
www.lpl.com. The Company, its directors and nominees and certain of
its executive officers are deemed to be participants in the
solicitation of proxies in connection with its 2018 annual meeting.
Detailed information regarding the names, affiliations and
interests of the Company's directors, nominees and executive
officers is available in the definitive proxy statement for the
2018 annual meeting, which was filed with the SEC on March 29,
2018.
About LPL FinancialLPL Financial is a leader in
the retail financial advice market and the nation’s largest
independent broker/dealer*. We serve independent financial advisors
and financial institutions, providing them with the technology,
research, clearing and compliance services, and practice management
programs they need to create and grow thriving practices. LPL
enables them to provide objective guidance to millions of American
families seeking wealth management, retirement planning, financial
planning and asset management solutions.
LPL.com / NASDAQ: LPLA
Securities and Advisory Services offered through LPL Financial.
A registered investment advisor, Member FINRA/SIPC.
*Based on total revenues, Financial Planning magazine June
1996-2017
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Media Contact:Jeff Mochal(704)
733-3589Jeffrey.Mochal@lpl.com
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