LPL Financial LLC's Advisory and Brokerage Consulting team has been awarded the Field Sales Team of the Year by the Money Management Institute (MMI), the national organization for the advisory solutions industry, company officials announced today.

MMI officials said the industry award was given in recognition of the team's outstanding support to financial advisors in providing their clients with the right platforms, strategies and advice to meet their financial goals. Boston-based LPL Financial, a wholly owned subsidiary of LPL Investment Holdings Inc., is the nation's largest independent broker-dealer.

In presenting the award, MMI President Christopher L. Davis said, "LPL Financial's Advisory and Brokerage Consulting Team has continued to demonstrate industry leadership in breaking new ground in aligning exceptional services and solutions for financial advisors to provide to investors, and we look forward to their continued innovation and excellence."

MMI provides advice and professionally-managed solutions to individual and institutional investors.