Investor Presentaiton

2 Horizontal expansion We are a market leader in independent advisor channels, with a growing opportunity in the employee channel Growing advisor opportunity Initially, we served advisors in the independent market, where advisors own and operate their businesses • We expand our market leadership through continued enhancements to capabilities and competitive pricing By building on what we already do well, we've unlocked the ability to support a broader set of advisors: Strategic Wealth, Independent Employee and Enhanced RIA • Value proposition Flexible Models ■ Traditional Independent Model Strategic Wealth Independent Employee Enhanced RIA Compelling ongoing economics Transition assistance Organic NNA has driven the majority of advisor asset growth Advisor Assets ($B) Organic Growth -$590 -$700 ~$940 -$880 -$830 11% 9% Differentiated Economics Lower technology costs and fees Complete -$480 Book Ownership Advisors have complete ownership of their practice Technology and operating platform Value-added Integrated products and solutions capabilities 6% Compliance and risk management 4% ■ This combination has expanded our opportunity to serve all segments of the advisor-mediated market Business Portfolio of services to help advisors run thriving businesses 2018 2019 2020 2021 2022 Services Solve the most compelling problems Q1'23 LTM facing advisors To power these new models, we embedded a new layer of services that extends our vertical integration, while also enhancing the overall client experience 6% 5% LPL Financial Member FINRA/SIPC 11

View entire presentation