ERADO SIGNS MULTI-YEAR COMPLIANCE DEAL WITH LPL FINANCIAL SERVICES
RENTON, WA. July 27, 2006 – Erado the leading on-demand message security archiving, compliance, and hosting services, announced a multi year agreement to provide electronic message hosting and compliance services to LPL Financial Services and its independent financial advisors.
Under the terms of the agreement Erado will provider electronic message hosting and journaling services for SEC and NASD regulatory compliance.
Erado's CEO Craig Brauff commented that "this agreement solidifies Erado position as a leader in electronic message archiving amd compliance industry.
About Erado
Erado is a leading on-demand message security archiving, compliance, and
hosting services provider. Erado's solutions provide the most
comprehensive, easy to use solutions available in the market today. Erado's
experience, technology, and network facilities make it the premier choice for
businesses that want enterprise-class service and performance without the cost.
Founded in 1994, the company serves a premier group of clients worldwide
including Fortune 100 companies.
About LPL Financial Services
Linsco/Private Ledger (LPL Financial Services) is committed to providing its
financial advisors with the tools they need to offer the highest quality of
independent investment advice. LPL has been ranked the number one independent
broker/dealer for ten years in a row by Financial Planning Magazine (June
1996-2005, based on revenues). With over 1,200 staff members headquartered in
Boston and San Diego, LPL offers non-proprietary investment products, unbiased
research and wealth management services through more than 6,200 financial
advisors nationwide. LPL financial advisors manage over $100 billion in total
assets for their clients. For additional information about LPL Financial
Services, visit www.lpl.com.
To learn how Erado's on-demand electronic message archive, supervisory, discovery, and compliance solution can provides your organization with a full featured easy to use solution to ensure electronic records retention requirement are met please contact us at 866-67ERADO (866-673-7236)