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LPL to Open Technology Hub in Austin

LPL Financial LLC, the nation’s largest independent broker-dealer, plans to open a technology center in Austin, Texas and is hiring for technology roles to be based at a new office location.

LPL Financial LLC, the nation’s largest independent broker-dealer, plans to open a technology center in Austin, Texas and is hiring for technology roles to be based at a new office location.

“We believe technology is a strategic asset to our advisors’ businesses, helping them be more efficient and effective to empower their growth. We are committed to ensuring we have a leading workforce that can deliver on that goal,” said managing director and chief information officer, Scott Seese. “With its thriving startup environment, Austin is a great place to find talented, purpose-driven employees with advanced skills and innovative mindsets.”

LPL will occupy space in a building within Paloma Ridge, a campus located in Northwest Austin’s growth region, a hub for a range of companies from startups to Fortune 500 tech giants.

The company said that the office will welcome employees once construction is complete and it is safe for employees to return to an office work environment.

LPL Financial provides service to approximately $670 billion in brokerage and advisory assets as of March 31, 2020. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to 16,763 financial advisors and 700 financial institutions.

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