CORRECTING and REPLACING -- LPL Financial Announces First-Quarter 2014 Earnings Release Date and Conference Call

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| Source: LPL Financial

BOSTON, March 20, 2014 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq:LPLA), please note that LPL Financial Holdings Inc.'s first-quarter 2014 financial results will be reported after the market closes on Wednesday, Apr 23, 2014, not before the market opens, as previously stated. Additionally, the Company's conference call will be held at 5:00 p.m. ET that day, not 4:00 p.m. ET that day, as previously stated. The corrected release follows:

LPL Financial Holdings Inc. (Nasdaq:LPLA) (the "Company"), parent company of independent broker-dealer LPL Financial LLC ("LPL Financial"), today announced it will report its first-quarter 2014 financial results after market close on Wednesday, Apr 23, 2014. The Company will also hold a conference call to discuss results at 5:00 p.m. ET that day. The conference call can be accessed by dialing 877-677-9122 (domestic) or 708-290-1401 (international) and entering passcode 15379883.

The conference call will also be webcast simultaneously on the Investor Relations section of the Company's website (www.lpl.com), where a replay of the call will be available following the live webcast. A telephonic replay will be available two hours after the call and can be accessed by dialing 855-859-2056 (domestic) or 404-537-3406 (international) and entering passcode 15379883. The telephonic replay will be available until 11:59 p.m. ET on Apr 30, 2014.

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 13,600 financial advisors and approximately 700 financial institutions. In addition, LPL Financial supports approximately 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have more than 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

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Investor Relations
Trap Kloman
LPL Financial
Phone: (617) 897-4574
Email: 

Media Relations
Betsy Weinberger
LPL Financial
Phone: (858) 900-7122
Email: