LPL Financial

California
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

LPL Financial scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, LPL Financial increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. LPL Financial forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. LPL Financial does not provide its employees with protections against viewpoint discrimination. However, it has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. The company is a corporate partner of the National LGBT Chamber of Commerce. However, it has not used its PAC contributions or lobbying for ideological purposes. For these reasons, LPL Financial receives a High Risk rating.

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