LPL to Move 1,000 Workers to New Carolinas Facility

LPL Financial (LPLA) said late Monday that it is building a regional headquarters in Fort Mill, S.C., and will move its 1,000 employees in the Charlotte, N.C., area to the new facility.

The independent broker-dealer also says it will invest about $150 million in the region, which is located about 30 miles south of Charlotte, over the next eight years.

“We plan to create a work environment that supports innovation, collaboration, and engagement — a space that promotes employees’ overall well-being and a place that they will feel proud and excited to come to work every day,” said Chairman and CEO Mark Casady, in a press release. “We believe that by building such an exciting workplace, our employees will be further empowered to do their best to support our clients.”

Construction of the new building will begin in 2015, with completion expected in fall 2016.

Earlier this year, the IBD opened a new regional San Diego headquarters, which it says is among the largest net-zero energy commercial office buildings in the United States. About 1,600 LPL Financial employees, who previously worked in seven office buildings in the La Jolla area of San Diego, are now based in the new 13-story facility.