5th Semi-Annual "2012 Conference for Independent Advisors" Advocates Advisor Growth and Continuing Education

MORRISTOWN, N.J., May 29, 2012 /PRNewswire/ -- Private Advisor Group, a financial advisory firm providing hybrid registered investment advisory (RIA) or RIA-only solutions to independent advisors across the nation, recently hosted the firm's annual "Conference for Independent Advisors" at the Madison Hotel in Morristown. The regional conference, which promotes continuing education and networking opportunities among the firm's more than 250 advisors, featured best in class sponsors, on-site training and workshops, and renowned keynote speakers.

"The Conference for Independent Advisors creates a platform for us to bring together the industry's best and brightest, share best practices, and offer optimum support to our growing network of financial advisors," said Patrick Sullivan, CFP®, and Executive Officer of Private Advisor Group. "We are extremely proud of the elite financial advisors who have joined Private Advisor Group and our semi-annual conferences give us the opportunity to showcase the scale of resources available to PAG advisors."

The exclusive line-up of speakers included nationally sought-after corporate motivational speaker Dr. Kevin Elko, keynote speaker and economic contributor to CNBC and MSNBC Ron Insana, and LPL Financial Chief Investment Officer Burt White. Many other LPL Financial leaders and executives led sessions throughout the two-day conference as well.

"As one of LPL Financial's largest branch offices, Private Advisor Group is a leading example of the strength and success of the independent advisor business model," said Derek Bruton, Managing Director of LPL Financial. "This conference stimulates further advancement for PAG's network of advisors and celebrates the remarkable growth they have seen in the last year through the hybrid RIA platform."

Since 1997, the financial professionals at Private Advisor Group have been affiliated with LPL Financial (Nasdaq: LPLA), the nation's largest broker dealer* and are experts at maximizing the value of LPL Financial's compliance, transition, technology and trading services for financial advisors throughout the country.

About Private Advisor Group
Private Advisor Group supports a nationwide network of independent advisors founded on standards of professionalism, integrity, and commitment to meeting client needs. Located in Morristown, New Jersey, the firm's powerful hybrid model provides independent financial advisors with the resources to manage the complexities of running their own practices. Private Advisor Group partners with LPL Financial (Nasdaq: LPLA), the largest independent broker-dealer* in-house research team, giving advisors comprehensive research at their fingertips and empowering them to make decisions with a sound empirical foundation. In addition to the firm's strong infrastructure, Private Advisor Group advisors receive a host of services to help them efficiently transition, manage and grow their businesses. For more information, please visit http://www.privateadvisorgroup.com.

Securities offered through LPL Financial, Member FINRA/SIPC

*Based on total revenues, as reported in Financial Planning magazine, June 1996-2011

SOURCE Private Advisor Group; LPL Financial