CHICAGO, Aug. 6, 2015 /PRNewswire/ -- Zacks Investment Research, Zacks.com, a leading provider of independent equity research and earnings data, has announced it has been selected for inclusion in LPL Financial's new Vendor Affinity Program. The new initiative from LPL Financial is designed to help advisors reduce the complexity and costs of running their businesses. The program creates a centralized repository of vendors who have been reviewed by LPL and have agreed to provide their products and services to LPL advisors at discounted prices.
Zacks product offerings through the LPL Vendor Affinity program include:
- The Zacks Research System for Advisors (ZRSA), a comprehensive web-based solution for delivering Zacks award winning independent equity research reports and analytical tools. ZRSA streamlines an advisor's daily workflow with instant access to equity, ETF, mutual fund and macro-economic research, including model portfolios.
- Zacks Premium, an enhanced version of the popular zacks.com website offering access to the Zacks Rank and equity, ETF and mutual fund research reports. It also provides a robust screening application that includes 20 Zacks Premium Stock Screens.
- Zacks Investor Collection, which grants access to all of Zacks long-term portfolio recommendation services: The Home Run Investor, Income Plus Investor, Zacks Top 10 Stocks, Value Investor, Stocks Under $10, Zacks Confidential investor services, and a subscription to Zacks Premium.
Zacks has been offering LPL Advisors with its equity research system subscription service for more than 10 years and is excited to be included in the new LPL program. "But, with the launch of the Vendor Affinity Program, we are able to easily expand our new product offerings for LPL advisors, while providing them with different price points depending on their individual research requirements and budgets," says Zacks EVP, Charles Ingle. "The new Vendor Affinity Program will also be very convenient for the LPL advisors to research Zacks product offerings, set-up their free trials and manage their subscriptions."
"At LPL we remain committed to developing smarter and simpler ways to do business," said Dan Arnold, President LPL. "The Vendor Affinity Program is a tangible way that LPL's scale can directly impact our clients' bottom line and further underscores the value in affiliation with LPL."
Zacks Investment Research is a 550 person privately owned Chicago-based research firm that was founded in 1978 to provide institutional investors with consensus estimates. Since then we have expanded our product line and now provide a wide range of investment related information services and software tools to over 800 investment management firms, brokerage firms, corporations and to over 500,000 individual investors and individual financial advisors.
About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), is a leader in the financial advice market and serves $485 billion in retail assets. The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and more than 700 banks and credit unions. LPL Financial is the nation's largest independent broker-dealer since 1996 (based on total revenues, Financial Planning magazine, June 1996-2015), is one of the fastest growing RIA custodians with $105 billion in retail assets served, and acts as an independent consultant to over an estimated 40,000 retirement plans with an estimated $120 billion in retirement plan assets served, as of March 31, 2015. In addition, LPL Financial supports approximately 4,300 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have 3,352 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.
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SOURCE Zacks Investment Research, Inc.