3.0
20 Aug 2014
Current employee, more than 1 year
Recommend
CEO approval
Business outlook
Pros
Product offerings are diverse and not exclusive so can compete easily. People and software help you to select a fitting product for the client.
Cons
CPAs need to issue engagement letters and LPL will not approve them as they can conflict with LPL account agreements. The commissions by client are understated for life insurance, making it difficult to disclose an accurate total commission to the client, another CPA requirement.