LPL Financial Congratulates John P. Hyland, CFP®, of Morristown Financial Group, Recipient of Registered Rep. Magazine’s Annual Altruism Award

MORRISTOWN, N.J., June 2, 2011 /PRNewswire/ — LPL Financial, the nation’s largest independent broker-dealer* and wholly owned subsidiary of LPL Investment Holdings Inc. (NASDAQ: LPLA), today congratulated John P. Hyland, CFP®, of Morristown Financial Group, on winning an Annual Altruism Award from Registered Rep. magazine. The award, in its 31st year, recognizes the financial industry’s top professionals who have dedicated their time and energy to make substantial commitments to causes they care about.

“LPL Financial is proud to support financial advisors like Mr. Hyland who touch the lives of so many people both through their professional and charitable activities. In the process, they leave a lasting and positive impact on their communities,” said Bill Dwyer, President, National Sales and Marketing of LPL Financial.

Mr. Hyland was selected out of thousands of advisors nationwide due to his achievements in the financial services industry and his involvement with the New Jersey chapter of the Leukemia & Lymphoma Society. Drawn to LLS due to his aunt’s death from AML, a blood cancer, Mr. Hyland participated in Ironman triathlons to raise money and organized fundraisers that generated $400,000 for the non-profit. He was then diagnosed with AML a year ago and has since been undergoing treatment.

“I’m honored to receive the Annual Altruism Award. I look forward to expanding on my philanthropic efforts with the LLS and others as well as continuing to deliver excellent service in the financial advisory field,” Mr. Hyland said.

Nominees were evaluated on the basis of their superior performance in money management, client service and business building as well as involvement in philanthropic activities and acknowledged peer recognition and respect.

Registered Rep. has honored the 10 winners in the May 2011 issue.

About Morristown Financial Group

Morristown Financial Group was founded in 1997 and has evolved into one of the largest independent financial practices in the Northeast. Based in Morristown, N.J., the firm is comprised of over 200 financial advisors, who share a common commitment of serving their clients best interests with no direct affiliation to a larger parent company or fund family. All of the Morristown Financial Group financial professionals foster close personal relationships with their clients and have access to every financial product or service in the marketplace, ensuring that their clients’ needs are addressed. For more information of Morristown Financial Group, please visit www.mfgnj.com

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Investment Holdings Inc., is an independent broker-dealer. LPL Financial and its affiliates offer proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to over 12,500 financial advisors and over 750 financial institutions. Additionally, LPL Financial supports approximately 4,000 financial advisors who are licensed with insurance companies with customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have over 2,600 employees with employees and offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered by Morristown Financial Group, a Registered Investment Advisor and separate entity from LPL Financial. Insurance products offered through LPL Financial or its licensed affiliates.

SOURCE LPL Financial; Morristown Financial Group