Account Protection

LPL Financial’s SIPC membership provides account protection up to a maximum of $500,000 per customer, of which $100,000 may be for claims for cash. For an explanatory brochure, please visit www.sipc.org.

Additionally, through Lloyd’s of London, LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $750,000,000, subject to conditions and limitations.  

The account protection applies when a SIPC member firm fails financially and is unable to meet its obligations to securities clients, but it does not protect against losses from rise and fall in the market value of investments. This extensive coverage reflects a strong commitment to serving your investment needs. Accounts held away from LPL are not covered by LPL's SIPC Insurance.  The LPL Financial SIPC Membership provides account protection only to those assets held at LPL.  To the extent some of the other entities may be SIPC members, Please contact your financial advisor or the other entities or refer to the other entities' statement regarding SIPC membership.  Please also contact the Legal Department at LPL Financial for further information.