Investor Presentaiton

L ☐ 7 Opportunity to consolidate fragmented core markets through M&A Recent acquisitions (1) have added scale in our traditional markets, accelerated our expansion into new markets, and added new capabilities WADDELL &REED Financial, Inc. 2021 -$74B of assets transferred Traditional Markets Transaction closed on ☐ LUCIA SECURITIES- 2020 E.K.RILEY INVESTMENTS, LLC 2020 New Markets ALLEN & fco COMPANY EST. 1932 2019 ~$1.5B assets ~$2B assets ~$3B assets transferred Leading San Diego practice with approximately 20 advisors National Planning HOLDINGS, INC. Leading Seattle practice with approximately 35 advisors Leading Florida practice ■ Affiliated under our employee model FINANCIAL RESOURCES GROUP Investment Services ☐ April 30, 2021 for a purchase price of $300M Large independent broker-dealer network ■ Added to our scale and leadership position Increases our scale and capacity to invest in capabilities, technology, and service to help existing advisors serve their clients and differentiate in the marketplace 2017 ~$70B assets transferred ☐ Large independent broker-dealer network ☐ (1) Includes both closed and pending acquisitions Added to our scale and leadership position 2022 ~$40B assets Existing LPL branch office with approximately 800 advisors and 85 financial institutions Leading provider of managed programs for banks and credit unions, a strategic complement to our existing institutional offering ☐ BOENNING & SCATTERGOOD ESTABLISHED 1914 2022 ~$5B of assets as of June 2022 Leading Pennsylvania practice with approximately 40 advisors Affiliated under our employee model Expected to close in early 2023 Capabilities BlazePortfolio 2020 Industry-leading capabilities ~$12M purchase price ■ Innovative trading and rebalancing capabilities to drive efficiency and scale in advisors' practices ADVISORYWORLD FINANCIAL TECHNOLOGY 2018 Industry-leading capabilities -$28M purchase price Leading provider of digital tools for advisors that serves more than 30,000 U.S. financial advisors and institutions LPL Financial Member FINRA/SIPC 26

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