SAN DIEGO, Feb. 14, 2012 /PRNewswire/ -- LPL Financial Retirement Partners, the retirement plan- focused division of LPL Financial LLC, the nation's largest independent broker/dealer*, announces the additions of Plan Health Check and Fee Comparison & Analysis Evaluation tools to bolster the Retirement Partners tool suite for advisors. The LPL Financial Retirement Partners tool suite offers a comprehensive collection of retirement plan tools designed to help advisors grow and maintain their book of business in an automated and scalable fashion.

LPL Financial Retirement Partners has partnered with Fiduciary Benchmarks, Inc. to provide peer level data for comparison purposes in both new offerings:

The Plan Health Check tool allows retirement plan advisors to track and report on a plan's value and success attributes such as plan participation, deferral rates and average account balance. The Fee Comparison & Analysis Evaluation tool quickly and legitimately compares plan fees and design against an appropriate peer group, producing an easy-to-read report for plan sponsors.

"This is the fourth addition to the already robust retirement tool suite since June," noted Bill Chetney, executive vice president of LPL Financial Retirement Partners. "We are thrilled that Retirement Partners continues to build out one of the strongest and most effective offerings of tools for advisors in the retirement plan arena."

About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Investment Holdings Inc. (NASDAQ: LPLA - News), is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2011), a top RIA custodian, and a leading independent consultant to retirement plans. LPL Financial offers proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to approximately 12,800 financial advisors and approximately 730 financial institutions nationwide. In addition, LPL Financial supports over 4,000 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have approximately 2,700 employees with headquarters in Boston, Charlotte, and San Diego. For more information, visit http://www.lpl.com.

Securities offered through LPL Financial. Member FINRA/SIPC

* Based on total revenues, Financial Planning magazine, June 1996-2011

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LPL Financial Media Contact
Michael Herley
Kekst and Company
(212) 521-4897
michael-herley@kekst.com

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LPL Financial Retirement Partners Rolls Out New Retirement Plan Tools to Enhance Advisor Services