LPL Financial LLC, an investment advisory firm and independent broker-dealer based in Charlotte, N.C., is opening a Washington, D.C., office for its government relations team, which engages with legislators, regulators and trade associations to address issues on behalf of the financial services industry, LPL announced Wednesday.

Having a base of operations in Washington will enable the government relations team to increase collaboration within the team, while also making it more efficient to work on behalf of the industry,  LPL says.

“The work of our government relations team is one important way LPL demonstrates its commitment to ensuring all Americans have access to independent financial advice,” says David Bergers, LPL general counsel and managing director of legal and government relations. “LPL has a responsibility to ensure the voices of our advisors and investors are heard and to advocate for policies that support the best interests of investors. We are excited to strengthen our commitment to this important effort by establishing a physical presence in D.C.”