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Other Benefits & Discounts

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Last updated date: 10/29/2024

Overview

As part of LPL Financial’s benefits package, you have the opportunity to take advantage of a variety of additional programs that can help save you money and provide important assistance with everyday needs. Review the benefits on this page and refer to LPL@Work for additional information.

Auto & Home Insurance

MetLife gives you access to personal insurance policies through Farmers, including home (not available in MA or FL), auto, landlord’s rental dwelling, condo, and recreational vehicle and boat:

  • Save up to 23% by purchasing this coverage through LPL Financial.
  • Receive no-obligation quotes and cost comparisons.

Farmers Auto and/or Home insurance is a voluntary benefit you may purchase on a post-tax basis with the convenience of payroll deduction (payroll deduction is not available in CA). Farmers offers a broad line of insurance policies including (state variations apply):

  • Auto
  • Boat Insurance
  • Home/Condo
  • Renters
  • Landlord’s Rental Dwelling
  • Flood
  • Mobile Home
  • Motorcycle
  • Personal Excess Liability
  • Recreational Vehicle

You can apply at any time throughout the year by calling MetLife Auto & Home at 1-800-438-6388. California residents should call 1-833-956-3221.

Employee Stock Purchase Plan

Eligible employees have the opportunity to purchase company shares, building an ownership stake in our company. Enroll during one of four enrollment windows per year and manage your account online with Computershare. Highlights of the plan are:

  • Purchase shares at a 15% discount with no commission fees
  • Contribute up to $300 per pay period
  • Decrease or stop contributions at anytime

LPL ticker: LPLA

Legal Plan with Identity Theft Protection

The Legal Plan is a voluntary benefit that offers you convenient access to legal services. The plan offers easy and direct access to a network of attorneys who provide telephonic advice and office consultations on a wide range of personal matters and covered services for the most frequently needed personal legal matters. These services include, but are not limited to:

  • Preparation of wills
  • Trusts
  • Powers of Attorney
  • Real Estate Matters
  • Debt Matters
  • Family Law Matters
  • Home & Auto Insurance

This plan also includes an identity theft benefit. Services include: unlimited office and telephone consultations with an attorney, defense representation, free identity theft emergency response kit, and numerous online services.

The cost to participate is $9 (post-tax) per pay period. You can only enroll in the MetLife Legal Plan when you are first eligible or during open enrollment and must remain in the plan for the entire plan year.

Paid Parental Leave Benefit

The LPL Financial Maternity Disability Benefit provides full pay for 6 weeks after delivery.

The Paid Parental Benefit provides full pay to all new LPL parents for up to 6 weeks for bonding with their new child through birth, adoption or placement in foster care. The Paid Parental Benefit for birth mothers begins after Maternity Disability ends, for a total of 12 weeks of full-pay maternity leave (6 weeks disability + 6 weeks bonding).

This leave runs concurrent with any FMLA leave and state leave to the extent permitted by law.

Pet Insurance

Pet Insurance is a voluntary benefit plan offered by PetFirst, and provided through MetLife's group benefit program, to help you cover the cost of care for your dog(s) and/or cat(s).

Pet insurance offered by PetFirst provides the following unique features:​

  • Flexible plans with various levels of coverage from $1,000 to unlimited coverage. Also includes a routine wellness care rider option.
  • Straightforward pricing and options with customizable limits, discounts on premiums, and deductible savings.
  • No initial exam or previous vet records required to enroll, and no per-incident or lifetime limits apply.
  • Quick 3 step enrollment with option for payroll deduction.
  • Hassle free claims experience, with most claims processed within 10 days.
  • Among the shortest wait periods in the pet insurance industry for accident and illness coverage.

Tuition Assistance Plan

LPL Financial supports the pursuit of higher education by our employees. Our tuition assistance plan (TAP) has been established to assist employees with the cost of courses that are job related. If your courses qualify under the plan rules, you can receive up to a maximum of $5,250 per calendar year in tax-free reimbursement.