FORT MILL, S.C. -- LPL Financial is packing up and leaving Charlotte for a new regional headquarters in Fort Mill.

It's a $150 million investment in a new building and expected to create 3000 new jobs in South Carolina, officials said.

LPL Financial currently has over a 1000 employees at three different west Charlotte office locations.

The new building will house all current and future employees under one roof.

We considered a number of sites and this was the best for us to consolidate to, said LPL CEO Mark Casady, We're expanding our site; we need to be able to build a location that allows us to employ thousands of people.

Investing $150 million and 3000 jobs, it's wonderful for the region; we're very excited, said South Carolina Governor Nikki Haley during Monday's announcement.

LPL, the nation's largest independent broker and a consultant on retirement plans, didn't want to get into what incentives it's getting for the move.

State officials say it's a $2 million infrastructure grant at Kingsley Park, the future location of the new building, which is right off I-77 and Highway 160.

Job development credits are another incentive. They are rebates on a portion of LPL Financial employees' withholding tax.

Add it up and it's enough to cross state lines. It's LPL's single-largest expansion and is touted as York County's single largest jobs announcement.

We make sure we put these jobs out, we have a great workforce pool to choose from and that everything goes as it should, Gov. Haley said.

Construction is scheduled to start next year with a move-in date of 2016.

It will be about a 10 minute drive from LPL's current offices off Tyvola Road.

Read or Share this story: