-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 P5lZ0ZkDM8s9yH6y8k1m4mtx660sTO7AFCTiAmJMa6ja3kfs7UhJdEgf9rk6F23y
 2QoNdJ8VklkRW5X2WrJMVQ==

<SEC-DOCUMENT>0001007444-10-000004.txt : 20100408
<SEC-HEADER>0001007444-10-000004.hdr.sgml : 20100408
<ACCEPTANCE-DATETIME>20100408121241
ACCESSION NUMBER:		0001007444-10-000004
CONFORMED SUBMISSION TYPE:	TA-2/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091231
FILED AS OF DATE:		20100408
DATE AS OF CHANGE:		20100408
EFFECTIVENESS DATE:		20100408

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LPL Financial CORP /TA
		CENTRAL INDEX KEY:			0001007444
		IRS NUMBER:				952834236
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		TA-2/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	084-05637
		FILM NUMBER:		10739138

	BUSINESS ADDRESS:	
		STREET 1:		9785 TOWNE CENTRE DRIVE
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92121
		BUSINESS PHONE:		617-423-3644

	MAIL ADDRESS:	
		STREET 1:		ONE BEACON STREET, 22ND FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02108

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LINSCO PRIVATE LEDGER CORP                              /TA
		DATE OF NAME CHANGE:	19960208
</SEC-HEADER>
<DOCUMENT>
<TYPE>TA-2/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0502</schemaVersion>

    <submissionType>TA-2/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <formVersion>5.2.0</formVersion>

    <filer>
        <cik>0001007444</cik>
        <fileNumber>084-05637</fileNumber>
    </filer>

    <periodOfReport>2009-12-31</periodOfReport>

    <registrant>
        <entityName>LPL Financial Corporation</entityName>
    </registrant>

    <engagedServiceCompany>
        <function>SOME</function>
        <serviceCompanyTransferAgent>
            <entityName>DST Systems, Inc.</entityName>
            <fileNumber>084-00448</fileNumber>
        </serviceCompanyTransferAgent>
    </engagedServiceCompany>

    <engagedAsServiceCompany>
        <function>false</function>
    </engagedAsServiceCompany>

    <regulatoryAgency>SEC</regulatoryAgency>

    <inaccurateIncompleteMisleading>
        <amendmentFiled>NO</amendmentFiled>
        <additionalInformation>LPL inadvertently failed to amend within 60 days Form TA1 to report a DRP for nontransfer agency activity.</additionalInformation>
    </inaccurateIncompleteMisleading>

    <serviceCompanyData>
        <numberItemsReceivedForTransfer>44101</numberItemsReceivedForTransfer>
        <numberMasterSecurityHolderFilings>3787</numberMasterSecurityHolderFilings>
        <numberIndividualAccounts>3787</numberIndividualAccounts>
        <numberDivReinvDirPurPlanAccounts>3781</numberDivReinvDirPurPlanAccounts>
        <numberDirectRegistSystemAccounts>0</numberDirectRegistSystemAccounts>
        <securityHolderAccounts>
            <equitySecurity>0</equitySecurity>
            <debtSecurity>0</debtSecurity>
            <openEndInvestmentCompany>100</openEndInvestmentCompany>
            <limitedPartnership>0</limitedPartnership>
            <municipalDebt>0</municipalDebt>
            <other>0</other>
        </securityHolderAccounts>
        <securityHolderData>
            <transMaintainMasterSecHolder>
                <equitySecurity>0</equitySecurity>
                <debtSecurity>0</debtSecurity>
                <openEndInvestmentCompany>3787</openEndInvestmentCompany>
                <limitedPartnership>0</limitedPartnership>
                <municipalDebt>0</municipalDebt>
                <other>0</other>
            </transMaintainMasterSecHolder>
            <transNotMaintMasterSecHolder>
                <equitySecurity>0</equitySecurity>
                <debtSecurity>0</debtSecurity>
                <openEndInvestmentCompany>0</openEndInvestmentCompany>
                <limitedPartnership>0</limitedPartnership>
                <municipalDebt>0</municipalDebt>
                <other>0</other>
            </transNotMaintMasterSecHolder>
            <notTransMaintMasterSecHolder>
                <equitySecurity>0</equitySecurity>
                <debtSecurity>0</debtSecurity>
                <openEndInvestmentCompany>0</openEndInvestmentCompany>
                <limitedPartnership>0</limitedPartnership>
                <municipalDebt>0</municipalDebt>
                <other>0</other>
            </notTransMaintMasterSecHolder>
            <dividendReinvDirectPurchasePlan>
                <numberIssues>3781</numberIssues>
            </dividendReinvDirectPurchasePlan>
            <directRegistrationSystem>
                <numberIssues>0</numberIssues>
            </directRegistrationSystem>
            <dividendAndInterest>
                <numberIssues>3226</numberIssues>
                <amountIssues>713934619</amountIssues>
            </dividendAndInterest>
            <priorAgent>
                <numberIssues>0</numberIssues>
                <amountIssues>0</amountIssues>
            </priorAgent>
            <currentAgent>
                <numberIssues>0</numberIssues>
                <amountIssues>0</amountIssues>
            </currentAgent>
            <quarterlyReportsRegardingBuyIns>
                <numberFiled>0</numberFiled>
                <fileAll></fileAll>
                <additionalInformation></additionalInformation>
            </quarterlyReportsRegardingBuyIns>
            <turnaroundCompliant>
                <alwaysCompliant>YES</alwaysCompliant>
            </turnaroundCompliant>
            <purchaseRedemptionPricingShares>
                <total>555207</total>
                <totalOtherThanReceiptOrderDate>0</totalOtherThanReceiptOrderDate>
            </purchaseRedemptionPricingShares>
        </securityHolderData>
        <databaseSearch>
            <databaseSearchDate>2007-12-31</databaseSearchDate>
            <numberLostAccountsSearched>0</numberLostAccountsSearched>
            <numberAddressesFromSearch>0</numberAddressesFromSearch>
        </databaseSearch>
        <numberLostAccountsRemittedToStates>0</numberLostAccountsRemittedToStates>
    </serviceCompanyData>

    <signatureData>
        <signatureName>Stephanie L. Brown</signatureName>
        <signatureTitle>General Counsel/Managing Director</signatureTitle>
        <signaturePhoneNumber>617-423-3644 x.4340</signaturePhoneNumber>
        <signatureDate>2010-03-31</signatureDate>
    </signatureData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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