Investor Presentaiton

2 Expanded capabilities to enhance the advisor value proposition We have increased our investment in capabilities to enhance our advisor value proposition and drive growth We are focused on delivering capabilities that position advisors to spend more time with their clients Illustrative Advisor Time Allocation As a result, we have increased our technology investments over time Technology Portfolio Spend ($M) Client Management Enabled through capabilities ~70%+ ~12% ~$220 CAGR ~30-50% -$180 ~14% ~$160 ~$155 CAGR Investment Management ~30-40% ~10-20% -$120 -$105 -10% Practice Management -20-30% Historically 2017 2018 2019 2020 2021 2022 Outlook (5) L LPL Financial Member FINRA/SIPC 10

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