LPL Financial, the nation’s largest independent broker-dealer, was honored by the Money Management Institute for proving outstanding support to its financial advisors by offering their clients with the right platforms, strategies and advice to meet their financial goals.

“Each and every day, we counsel advisors on how to align the right strategies and product platforms for their clients’ needs,” said John Moninger, LPL’s executive vice president of Advisory and Brokerage Consulting Services. The award, he added, “underscores our constant commitment to helping our financial advisors in their efforts to help clients achieve their life goals.”

The Field Sales Team of the Year award was presented to LPL’s Advisory and Brokerage Consulting team.

LPL has “continued to demonstrate industry leadership in breaking new ground in aligning exceptional services and solutions for financial advisors to provide to investors,” Christopher L. Davis, the president of the Money Management Institute, said in a statement.

In 2010, LPL’s Financial Advisory and Brokerage Consulting team’s Model Wealth Portfolios platform was awarded Advisory Solutions Product of the Year by MMI. The platform is one of three centrally managed fee-based platforms enabling advisors to provide client-centric, theme-based investment portfolios for a broad range of investor preferences Since its launch in early 2008, the MWP platform grew to $7.4 billion in assets in just over three and a half years, as of Dec. 31.