Investor Presentaiton

3 Organic growth opportunities through net new assets and ROA We are the leading third-party provider to financial institutions Serving ~1,100 institutions with ~$260B(11) in assets We onboarded BMO and M&T in 2021, CUNA in Q2 2022 and People's United Bank in Q3 2022 CUNA MUTUAL GROUP Wealth management business of CUNA Mutual Group ~$36B in assets and 550+ advisors Onboarded in Q2 2022 Our Value BMO • • We provide financial institutions with access to an array of investment solutions and wealth management platforms to enhance and scale their business. With LPL, financial institutions can provide retail clients with enhanced capabilities, grow their business faster, increase profitability, and lower regulatory risk. M&T Bank BMO Fortune 500 bank with 700+ branches nationwide ~$20B in assets and 170+ advisors Onboarded in Q2 2021 Top 10 Financial Institutions on LPL's Platform BECU CUNA Central Bank MUTUAL GROUP New York M&T Bank Community Bank OLD NATIONAL Member FDIC SOUTH STATE STERLING Webster Bank BANK NATIONAL BANK People's United A division of M&T Bank Bank with 500+ branches nationwide ~$15B in assets and 115+ advisors Onboarded in Q1 2021 M&T acquired People's United Bank and elected to onboard the wealth management business to LPL's platform -$6B in assets and 30+ advisors Onboarded in Q3 2022 Financial Institutions Channel AUM M&T and BMO combined added -$35B of assets in 2021 ~$270B ~$265B ~$200B ~$170B 2019 2020 † Includes approximately $4.4B (CUNA) and $0.5B (People's) of assets on third-party management platforms, which LPL does not include in its reporting of total advisory and brokerage assets 2021 Q3+ CUNA and People's LPL Financial Member FINRA/SIPC 15

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