LPL Financial has rolled out High-Net-Worth Services under its LPL Business Solutions umbrella. This initiative equips LPL's vast network of over 22,000 financial advisors with tools to offer tailored guidance to affluent clients requiring sophisticated wealth management strategies, as reported by DIWire.

The High-Net-Worth Services suite encompasses a variety of specialized planning offerings, including case consultations, advanced planning, estate and philanthropic planning, tax planning, customized portfolio construction, and access to a "virtual ensemble practice." Notably, LPL has eliminated the previous $5 million investable asset minimum, enabling advisors to assist high-net-worth clients at various stages of their financial journey, including those with substantial illiquid holdings.

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