LPL Financial announced plans to construct a new regional headquarters, relocating more than 1,000 employees less than 20 miles to Fort Mill, S.C., from Charlotte, N.C., with plans to add 2,000 new jobs.
The Charlotte area has been designated by LPL Financial as its primary destination for job growth during the next five years, with plans to invest at least $150 million in the region by 2022.
"This is a proud moment for all of us at LPL Financial as we are standing on the threshold of a new era for our Charlotte-area employees," said Mark Casady, chairman and CEO of LPL Financial, in a statement. "We plan to create a work environment that supports innovation, collaboration and engagement."
Construction is scheduled to begin in 2015 with completion expected by fall of 2016.
"LPL Financial is one of the nation's premier financial adviser firms, and we couldn't be more excited that they are choosing to grow and succeed here in South Carolina, investing $150 million and intending to create a total of 3,000 new jobs in the state," South Carolina Gov. Nikki Haley said in the statement.