The vendor affinity program management solution contains elements designed to meet regulatory requirements for enterprises, RIAs, and financial advisory practices. Buckler's system facilitates policy matching across regulators such as the Securities and Exchange Commission and FINRA.

"As the cybersecurity industry continues to be a priority for financial firms, LPL is committed to taking care of our advisors so they can take care of their clients. Offering innovative cybersecurity partnerships provides another layer of security for advisor firms," Alex Russell, LPL Financial chief information security officer, said.

Vincent Guyaux, Buckler's founder and chairman, said: "The strategic partnership comes at a time when regulatory awareness is at an all-time high. LPL Financial's industry lead in adding Buckler to their Vendor Affinity program for compliance management demonstrates their full commitment to enabling a security and compliance-driven culture for their advisors."