This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

LPL Financial Introduces ESignature To Advisor Technology Platform

Stocks in this article: LPLA













SAN DIEGO, Nov. 27, 2012 /PRNewswire/ --LPL Financial LLC – the nation's largest independent broker-dealer*, a leading RIA custodian, institutional service provider and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA) – today announced that it has introduced DocuSign's eSignature solution to streamline document processing and enhance the client experience. This new technology tool will dramatically increase efficiency, reduce paperwork and improve both the client and advisor experience when signing and submitting LPL Financial forms. 

Powered by DocuSign, the global leader for electronic signature, eSignature is now available across LPL Financial as part of its BranchNet technology platform at no additional cost to advisors or their clients. 

The tool helps LPL Financial boost productivity and save time by:

  • Streamlining the account-opening process and reducing document submission turnaround time, eliminating the need for faxes or mailing;
  • Automatic routing to multiple signers;  
  • Automated tracking of pending documents and automated client reminders;
  • Providing the ability to eSign documents on mobile devices anytime, anywhere; and
  • Enhancing auditing and risk management practices.

In compliance with the Federal Electronic Signatures in Global and National (ESIGN) Commerce Act of 2000, eSignature does not require a 'wet ink' signature and is authenticated through an access ID and a knowledge-based authentication process. 

Christopher Giles, Senior Vice President of Advisor-Facing Technology at LPL Financial, said, "We are always seeking new ways to enhance the ability of financial advisors to maximize their time spent on the client-facing aspects of their business while eliminating extraneous tasks and providing a superior service experience.  The launch of DocuSign's eSignature solution is an important step forward for LPL Financial, our advisors and their clients. As a simple example, LPL Financial currently receives about 4 million faxes a year, and eSignature could dramatically reduce that amount, resulting in a significant savings in paper, paperwork and office-keeping tasks.  We believe that eSignature's easy-to-use nature, and its seamless integration with our comprehensive document creation, submission, delivery, storage and retrieval processes, once again underscores our company's commitment to be at the technological forefront of our industry."

Keith Krach, DocuSign's chairman and CEO, added: "We're excited to partner with LPL Financial to help continually enhance the experience of its advisors. The launch of DocuSign's eSignature solution highlights LPL's commitment to its customers with technology that creates a better experience for everyone."

About LPL Financial LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2012), a top RIA custodian, and a leading independent consultant to retirement plans. LPL Financial offers integrated technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to over 13,100 financial advisors and approximately 685 financial institutions. In addition, LPL Financial supports over 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have approximately 2,900 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

LPL Financial, Member FINRA/SIPC. DocuSign is not affiliated with LPL Financial.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs