Payroll Solutions

Hand off the heavy lifting to payroll professionals.

Simplify your payroll processing and save time.

 

LPL has teamed up with ADP®, the leading name in online payroll services, to offer Payroll Solutions. Leveraging ADP's powerful technology, we'll handle your payroll processing, compliance reviews, and even manage your 401(k) payments and timekeeping, all to support your business growth.

When you choose Payroll Solutions, we'll get your business all set up on ADP’s secure online payroll portal and assign a dedicated LPL payroll specialist to provide personalized support for continuous payroll processing.

Whether you're managing payroll for a couple of employees or require comprehensive payroll processing across multiple states, we provide three tailored payroll options to fit your business's specific needs.

 

Payroll Solutions provides you with:

  • Integrated processing of all regular and off-cycle payroll activities depending on tier of service
  • Specialized services, including processing of commissions, bonus and 401(k) payments, and timekeeping
  • Quarterly and annual payroll audits and reports, ensuring accuracy and compliance

 

"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

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

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 3rd 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

Plus:

  • Multi-state payroll processing (two states included)

 

 

 

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 (four states included)

 

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

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

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

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.

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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