LPL Financial Congratulates Honorees for Recognition in the Bank Investment Consultant Top 50 Bank Advisors List for 2013

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A Total of 12 LPL Financial Affiliated Advisors Land in the Top 50 List, With Two Advisors in the Top Ten

San Diego, CA - December 2, 2013 - LPL Financial LLC, the nation's largest independent broker-dealer, an RIA custodian, and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today congratulated 12 LPL Financial affiliated advisors for their recognition in the 2013 "Top 50 Bank Advisors" ranking by Bank Investment Consultant (BIC), a leading information source for bank and credit union financial advisors.

The BIC "Top 50 Bank Advisors" list recognizes the most successful bank and credit union financial advisors in the United States based on several key areas, including 2013 assets under management (AUM); percentage change in AUM from the prior year; trailing 12-month production; percentage growth in production; amount of fee-based business; and the ratio of production to AUM.

LPL advisor Fernando Montemayor of International Bank of Commerce was ranked number 2 on the list and LPL advisor James Christy of Northwest Federal Credit Union was ranked number 10. LPL Financial-affiliated advisors recognized on the list include:

#02 - Fernando Montemayor, International Bank of Commerce, Laredo, TX

#10 - James Christy, Northwest Federal Credit Union, Herdon, VA

#12 - Raymond Beloin, Webster Bank, Bristol, CT

#14 - Russell Cesari, Northwest Federal Credit Union, Herdon, VA

#15 - Jose Cruz, International Bank of Commerce, McAllen, TX

#25 - Michael Kruchten, First Midwest Bank, Joliet, IL

#32 - Jason Chad Holt, F&M Bank, Kannapolis, NC

#39 - Steven Sayegh, New York Community Bank, Staten Island, NY

#41 - Gregory Brown, Happy State Bank, Pampa, TX

#42 - Charles Gualano, Trustmark National Bank, Brandon, MS

#43 - Caleb Kennedy, Space Coast Credit Union, Palm Bay, FL

#48 - Robert Lee Leach, Heritage Bank of the South, Albany, GA

"We congratulate these advisors for being recognized among the very best in our industry," said Andy Kalbaugh, Managing Director and Head of Institution Services for LPL Financial. "We are pleased this group has been singled out for their outstanding achievements and we are proud to be associated with them, and to continue helping them provide a high level of service to their financial institutions, and most importantly, to their clients."

The full 2013 BIC Top 50 Bank Advisors list can be found online at BIC Top 50 Bank Advisors

An additional three LPL affiliated advisors were listed as Honorable Mention. They include Harold Harris III of Trustmark National Bank in Jackson, MS, Matthew Griffin of Family Trust Federal Credit Union in Rock Hill, SC, and Mark Stahlmann Muschik of Midwest Bank Centre in Chesterfield, MO.

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 1996-2013), 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 13,500 financial advisors and approximately 700 financial institutions. In addition, LPL Financial supports more than 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have approximately 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

Insurance products offered through LPL Financial or its licensed affiliates.

The investment products sold through LPL Financial are not insured bank/credit union deposits and are not FDIC/NCUA insured. These products are not obligations of the bank/credit union and are not endorsed, recommended or guaranteed by bank/credit union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.

News Source : LPL Financial Congratulates Honorees for Recognition in the Bank Investment Consultant Top 50 Bank Advisors List for 2013

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