BOSTON – Mintz is pleased to announce that it has received LPL Financial’s (LPL) first-ever Law Firm DEI Recognition Award. Presented at an in-person reception on April 18, the award recognizes a law firm that has exemplifies a commitment to diversity within the legal profession and the community.

 “Working on some of LPL’s most strategic and sensitive matters, Mintz has become a trusted advocate and a welcomed extension to the LPL family,” said Ralph DiChiara, LPL Financial senior vice president, and associate general counsel. “Mintz has leveraged a diverse team of talented lawyers to bring innovation and broader perspectives to LPL’s business needs and challenges.”

LPL launched the awards as part of its partnership with the American Bar Association and the Commission on Racial and Ethnic Diversity in the Profession to promote diversity in the legal profession and expand opportunities for diverse professionals at all levels. Award winners were selected on a variety of metrics and considerations, including the proactive promotion of DEI among peers and within the firm as a whole. Community outreach efforts and support via legal associations, community groups, non-profits and educational institutions were also a vital component of the judging criteria.

“We are incredibly honored to receive this recognition from our highly valued client,” said Julie Korostoff, a Member of the Mintz Corporate Practice and Chair of Mintz’s IT Transactions and Outsourcing Practice, who has worked with LPL’s legal team for more than nine years. “We are inspired by the example LPL sets and remain grateful for their continued partnership. At Mintz, we recognize that diversity among professionals is key to providing exceptional service and legal results while engaging meaningfully with clients and the community at large.”

Mintz recently doubled down on its long-standing commitment to diversify and strengthen the pipeline to the firm and the legal profession. Specific steps taken include but are not limited to: joining the Law Firm Anti-Racism Alliance to help eliminate systemic racism; increasing the recruitment of Black attorneys; launching an Equity Advisory Council; conducting anti-bias training for all firm interviewers and disseminating bias interrupters to all evaluators writing reviews; and hosting discussions on allyship, intersectionality and pro bono work to dismantle racism. 

In addition to the LPL award, Mintz is consistently recognized for its efforts and dedication to ensure that DEI is a priority, including the Diversity & Flexibility Alliance’s Tipping the Scales Award toward gender parity and Chambers 2022 D&I North America Report, which highlighted Mintz as "another firm blazing the way towards a more inclusive future…” Moreover, since 2008, Mintz has received a top rating of 100% on the Corporate Equality Index from the Human Rights Campaign. Read about the firm’s Diversity, Equity and Inclusion efforts in its annual report, A Higher Bar: Accelerating Our Commitment to Diversity, Equity and Inclusion.

For more information about Mintz, please visit www.mintz.com.

About LPL Financial:

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve*, supporting more than 21,000 financial advisors, including advisors at approximately 1,100 enterprises and at approximately 500 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

*Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report). No. 1 Independent Broker-Dealer in the U.S. (Based on total revenues, Financial Planning magazine 1996-2022). Among third-party providers of brokerage services to banks and credit unions, No. 1 in AUM Growth from Financial Institutions; No. 1 in Market Share of AUM from Financial Institutions; No. 1 in Market Share of Revenue from Financial Institutions; No. 1 in Financial Institution Market Share; No. 1 in Share of Advisors (2021-2022 Kehrer Bielan Research & Consulting Annual TPM Report). Fortune 500 as of June 2021.

LPL Financial and its affiliated companies provide financial services only from the United States.

Securities and advisory services offered through LPL Financial LLC, a registered broker-dealer and investment advisor. Member FINRA/SIPC.