Payroll Solutions

Hand off the heavy lifting to payroll professionals.

Trust your payroll to the pros with white-glove setup and service

Simplify your payroll tasks with LPL Financial’s Payroll Solutions. Beyond just a basic platform, we provide personalized support for system setup, transitioning to ADP’s leading technology at any time, and continuous payroll processing.

Add an LPL payroll specialist to your team to enhance efficiency and accuracy in your business operations. We'll manage your payroll processing, compliance reviews, and resolve any issues, freeing you up to focus on growing your business.

Reduce complex, time-consuming tasks with personalized assistance from LPL Financial’s Payroll Solutions. Let us handle your payroll processing, compliance reviews, and issue resolution.

Payroll Solutions provides you with:

Integrated processing of all payroll activities and support with ad-hoc requests
Specialized services, including processing of commissions, bonus and 401(k) payments, and timekeeping
Quarterly and annual payroll audits and reports, ensuring accuracy and compliance

ADP Web-Based Payroll Platform

"Other payroll services do not have an assigned dedicated person. This service saves me a lot of time with access to my payroll specialist who knows my business. It reduces the back and forth with payroll processors."

Vladislav Zherenovsky, MBA, President & CEO, Kraner, LLC

Why Payroll Solutions?

Your dedicated LPL Payroll Solutions professional manages your payroll needs efficiently and confidentially.

delegate your tasks

Delegate Your Tasks

The attention your payroll requires takes you away from spending time on your clients. Your dedicated specialist knows you and your business, can manage your payroll, and be available to assist you with questions.

Keep Payroll Confidential

Keeping employee payroll data confidential is important. By transferring responsibilities to an LPL payroll specialist, you’ll maintain privacy and reduce opportunity for conflict.

Increase Efficiency and Accuracy

Managing payroll without special training is challenging and could be risky. Handing your payroll off to a specialist ensures things run smoothly, reducing redundancies and risk for penalties.

Find the right payroll solution for your business.

Payroll Starter

Simplified payroll support for teams with 1-2 employees with regular and automated payroll processing.

$99 per month

Service includes:

Support for 1-2 employees
Add a 3^rd user for $25 more. Need more than 4 users? Choose Payroll Essentials or Plus
Regular payroll processing on auto-run
Quarterly and annual audits
Required tax form creation and filing
Full-service transition and setup support
Platform subscription

Payroll Essentials

Full-service processing. Perfect for teams working across two states, with variable payroll. Includes timekeeping and off-cycle payroll processing.

$199 per month

Service includes:

Dedicated payroll specialist team
Support for 1-5 employees
Regular & offcycle payroll processing
Timekeeping
Quarterly & annual audits
Required tax form creation & filing
Full-service transition and setup support
Platform subscription

Payroll Plus

Full-service payroll processing for complex teams. Includes multi-state processing and 401k funding accounts.

$274 per month

Service includes:

Dedicated payroll specialist team
Support for 1-5 employees
Regular & offcycle payroll processing
Timekeeping
Quarterly & annual audits
Required tax form creation & filing
Full-service transition and setup support
Platform subscription

Plus:

Submission of payments to 401K
Multi-state payroll processing

Have more than five employees?

Payroll Solutions adapts to your unique needs. With our Essentials or Plus plans, you can easily scale the service to keep pace with your growing business.

6-10 employees: Base rate + $50 per month	16-20 employees: Base rate + $170 per month
11-15 employees: Base rate + $100 per month	21-25 employees: Base rate + $225 per month

Ready to get started? Schedule a Consultation

FAQs

Who will benefit from Payroll Solutions?

Hybrid or independent advisor practices with 1-25 employees, who need dedicated, professional payroll support to manage tasks, streamline processes, and increase accuracy.

How long does it take to transition to Payroll Solutions?

Onboarding is scheduled for a two-week period. Your payroll specialist will personally handle your transition to the ADP platform, including system setup.

Is there an opportunity for employee benefit options?

Yes, with our payroll platform you get access to a broker who can support you with finding employee benefits. Payroll Solutions is not a professional employer organization and does not provide benefits administration.

Who are the dedicated payroll specialists?

Your payroll specialist is an easy-to-reach professional employee of LPL Financial, not from a third-party.

Ready to determine if Payroll Solutions is right for you?

Let's Talk

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