Exhibit 21.1

Subsidiaries of Registrant

Subsidiary*	Entity Name	Jurisdiction of Incorporation	Name Under Which the Subsidiary Does Business
1	LPL Holdings, Inc.**	Massachusetts	LPL
2	PTC Holdings, Inc.**	Ohio	PTC
3	The Private Trust Company, N.A.	United States	PTC
4	LPL Financial LLC	California	LPL, LPL Financial
5	Independent Advisers Group Corporation	Delaware	IAG
6	UVEST Financial Services Group, Inc.	North Carolina	UVEST
7	LPL Insurance Associates, Inc.	Delaware	LPL, LPL Financial
8	Fortigent Holdings Company, Inc.**	Delaware	Fortigent, LPL, LPL Financial
9	Fortigent, LLC	Delaware	Fortigent, LPL, LPL Financial
10	NestWise LLC	Delaware	NestWise

* All subsidiaries are wholly owned, directly or indirectly, by the Registrant.

** Holding companies.