LPL Financial Hlds

LPL Financial Holdings, Inc. serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow their practices. It provides objective financial guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. The company was founded in 1989 and is headquartered in San Diego, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

LPL Financial Hlds reports record earnings, eyes high net worth market

LPL Financial Hlds reported strong financial performance, with significant asset growth, record EPS, and robust same-store sales. The company's strategic focus on empowering advisers and enhancing client experience through various plays is driving growth and differentiation.
While challenges exist in executing strategic plays effectively, managing expense growth, and optimizing leverage ratios, LPL Financial Hlds has opportunities to further expand its service offerings, target high net worth clients, and grow its fixed rate portfolio.
By capitalizing on opportunities to enhance capabilities, target specific client segments, and invest in technology, LPL Financial Hlds can continue its growth trajectory and strengthen its position in the advisory market.
The company's commitment to financial stability, shareholder value, and strategic investments positions it well for future growth and market leadership, despite challenges in execution and market dynamics.
Overall, LPL Financial Hlds' focus on empowering advisers, enhancing client experience, and driving growth through strategic investments and service enhancements sets a positive trajectory for continued success and market expansion.

LPL Financial Hlds reports stellar Q1 results, eyes growth opportunities

LPL Financial Hlds (LPLA) delivered strong financial performance in Q1 2023, driven by robust asset growth, high retention rates, and doubled adjusted EPS.
The company's strategic focus on empowering advisers, expanding market presence, and optimizing revenue streams positions it for continued success and growth.
While facing challenges in liquidity management and client transitions, LPLA has opportunities to capitalize on market trends, drive growth, and enhance profitability.

LPL Financial reports robust Q2 performance and strategic growth plans

LPL Financial's Q2 performance reflects strong growth in assets, net new assets, and adjusted EPS, supported by a record retention rate and strategic initiatives.
Despite challenges like decreased gross profit and client cash revenue, the company's focus on innovation, acquisitions, and shareholder value creation remains strong.
Opportunities lie in leveraging M&A, expanding services, and delivering value proposition to drive future growth and market leadership.
With a solid financial position, growth strategies, and commitment to serving advisers, LPL Financial is poised for continued success and value creation in the financial services industry.

LPL Financial reports record Q3 recruitment success and strategic growth

LPL Financial's Q3 performance showcased strong asset growth, recruitment success, and increased EPS. The company faces challenges in managing promotional expenses and market transitions but is well-positioned to capitalize on opportunities for growth and innovation.
With a strategic focus on horizontal expansion and vertical integration, LPL Financial aims to sustain its strong asset retention and recruitment momentum. The partnership with Prudential and readiness to comply with regulatory changes position the company for future success.

LPL Financial Hlds reports robust Q4 earnings, eyes M&A growth

LPL Financial Hlds delivered strong financial performance in Q4, with notable increases in assets and EPS. The company's strategic initiatives to enhance digital capabilities and simplify adviser onboarding are driving growth. While facing challenges in G&A expenses and industry complexities, LPL Financial Hlds is well-positioned to capitalize on M&A opportunities and industry trends.

LPL Financial reports strong Q1 performance and eyes growth opportunities

LPL Financial's Q1 2024 earnings call highlighted robust financial results, strategic acquisitions, and a focus on delivering shareholder value. Despite facing challenges in basis points improvement and increased expenses, the company remains optimistic about organic growth opportunities and regulatory alignment.

LPL Financial reports robust Q2 growth and strategic expansion

LPL Financial's Q2 performance reflects strong growth, strategic initiatives, and financial resilience, positioning the company for continued success.
While facing challenges in promotional expenses and strategic realignment, the company's focus on adviser recruitment, client care, and value delivery remains key strengths.
Opportunities lie in continued momentum in recruiting, annuity demand, and value creation for advisers and clients, driving long-term shareholder value and market differentiation.

LPL Financial reports record assets and strategic acquisitions in Q3

LPL Financial Holdings Inc. delivered a strong performance in Q3 2024, marked by record assets, robust growth, and strategic acquisitions. While facing challenges in managing institutional segment growth, the company is well-positioned to capitalize on opportunities through expansion of offerings and focus on client-centric operations.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LPL Financial Holdings, Inc. serves the advisor-mediated marketplace as the nation’s independent broker-dealer and is an investment advisory firm and a custodian. It offers integrated technology solutions, brokerage & advisory platforms, clearing, compliance, business and planning and advice services, consultative practice management programs and training. The company provides personalized financial guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL Financial Holdings was founded in 1989 and is headquartered in San Diego, CA.

SAN DIEGO, Nov.  07, 2019  (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc. (“LPL Holdings”), has secured commitments to reprice its term loan B, increase the size of its revolving credit facility from $500 million to $750 million, extend the maturity dates applicable to its term loan B and revolving credit facility, and make certain other changes to its existing credit agreement. In addition, LPL Holdings announced the pricing of its offering of $400 million in aggregate principal amount of senior unsecured notes (the “senior notes”).  As previously announced, LPL Holdings intends to use the net proceeds from the senior notes offering, together with cash available for corporate use, to pay down its existing term loan B to approximately $1,070 million and to pay fees and expenses related to the senior notes offering and the credit agreement amendment.

LPL Financial Announces Pricing of Leverage-Neutral Transaction Amending Senior Secured Credit Facilities and Offering Senior Unsecured Notes

CHARLOTTE, N.C., Nov.  06, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that Hege Financial Group has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. The advisors reported having served approximately $275 million in brokerage and advisory assets*. They join from Lincoln Financial Securities.

LPL Financial Welcomes Hege Financial Group

CHARLOTTE, N.C., Nov.  05, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Christopher Sweeney has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. He reported having served approximately $125 million in brokerage, advisory and retirement plan assets*. He joins from Ameriprise Financial.

LPL Financial Welcomes Financial Advisor Christopher Sweeney

CHARLOTTE, N.C., Oct.  30, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Michael Kennedy and Christopher Bott with Pacific Pension & Benefit Services have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. They have aligned with The Financial Services Network, an existing LPL firm, and reported having served approximately $200 million in brokerage and retirement plan assets*. They join from Royal Alliance, a member of the Advisor Group network of broker-dealers.

LPL Financial and the Financial Services Network Welcome Pacific Pension & Benefit Services

SAN DIEGO, Oct.  30, 2019  (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc. (“LPL Holdings”), intends to reprice its existing $1,470 million term loan B, increase the size of its revolving credit facility from $500 million to $750 million, extend the maturity date applicable to its term loan B and revolving credit facility, and make certain other changes.  Additionally, LPL Holdings announced that it intends to offer approximately $400 million in aggregate principal amount of senior unsecured notes due 2027 (the “senior notes offering”).  

LPL Financial Announces Proposed Leverage-Neutral Transaction Amending Senior Secured Credit Facilities and Offering Senior Unsecured Notes

CHARLOTTE, N.C., Oct.  28, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced financial advisors Don Petricic, CFP® and Tom Phillips, CFP® have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. They reported having served approximately $120 million in brokerage and advisory assets*. They join from Woodbury Financial Services, part of the Advisor Group network of broker-dealers.

LPL Financial Welcomes Petricic & Phillips Financial Group

LPL Financial Holdings Inc. (LPLA) CEO Dan Arnold on Q3 2019 Results - Earnings Call Transcript

CHARLOTTE, N.C., Oct.  23, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that three financial advisors with Maxwell Financial Management have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. The group reported having served approximately $240 million in brokerage and advisory assets*. They were formerly associated with Advisor Group’s FSC Securities Corp.

LPL Financial Welcomes Maxwell Financial Management

CHARLOTTE, N.C., Oct.  21, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Thomas Varga Jr., CPA, CLU, ChFC and Chris Varga have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. They reported having served approximately $150 million in brokerage and advisory assets*. They join from Cadaret Grant.

LPL Financial Welcomes Father/Son Advisor Team Thomas and Chris Varga

CHARLOTTE, N.C., Oct.  16, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Parker Inabnet CFP® and Kate Redden CFP® ChFC® CKA® of I.M. Wealth Care have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. Aligned with Merit Financial Group, an existing LPL enterprise firm supporting LPL affiliated advisors, the duo reported having served approximately $200 million in brokerage, advisory and retirement plan assets*. They join from 1st Global, an affiliate of Blucora.

LPL Financial and Merit Financial Group Welcome I.M. Wealth Care

The third-quarter reporting season has kickstarted, with the big banks turning in mixed results.

LPL Financial: 'Better Times Lie Ahead For Corporate Earnings Growth'

CHARLOTTE, N.C., Oct.  14, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Joseph Mazzucco has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. He reported having served more than $100 million in brokerage and advisory assets*. He joins from JPMorgan Chase in Rye Brook, N.Y.

LPL Financial Welcomes Advisor Joseph Mazzucco, Stonebrook Wealth Management

CHARLOTTE, N.C., Oct.  09, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced financial advisor Nic Delyon has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. The Rocklin, Calif.-based advisor has aligned with The Financial Services Network, an existing LPL large enterprise, and reported having served approximately $115 million in brokerage, advisory and retirement plan assets*. He joins from Wells Fargo Advisors Financial Network.

LPL Financial and The Financial Services Network Welcome Financial Advisor Nic Delyon

CHARLOTTE, N.C., Oct.  02, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced InvestmentNews named the firm a 2019  Diversity Champion  for excellence in promoting diversity and inclusion in the financial services industry.

LPL Financial Recognized as Leader in Advisor Diversity and Inclusion

CHARLOTTE, N.C., Sept.  30, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced the firm has been named a finalist for the 2019 Money Management Institute (MMI) / Barron’s Industry Awards.

LPL Financial Advisory Platform Selected for Industry Award

CHARLOTTE, N.C., Sept.  24, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced the firm received two Industry Awards from WealthMananagement.com, recognizing LPL’s integrated technology platform and its commitment to diversity and inclusion as innovative efforts that are helping transform the wealth management industry.

LPL Financial Technology and Diversity Efforts Earn Industry Recognition

Blackrock Inc

L3Harris

SVB Financial Group

It’s one thing to buy a value stock, or shares of a company with a very low multiple that is trading below historical multiple levels.

Jefferies Top Value Stocks to Buy May Be the Best Ideas for Q4

CHARLOTTE, N.C., Sept.  23, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Kurt Yndestad has joined IHT Wealth Management, affiliating with LPL’s broker-dealer and hybrid registered investment advisor (RIA) platforms. Yndestad reported having served approximately $200 million of client brokerage, advisory and retirement plan assets*. He joins from J.P. Morgan Private Bank.

LPL Financial and IHT Wealth Management Welcome Kurt Yndestad

San Antonio, TX, Sept.  20, 2019  (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. is pleased to announce that the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE:GOAU) is now live and trading at LPL Financial and Stifel.

U.S. Global Investors Announces GOAU ETF Listing on LPL Financial and Stifel Platforms

LPL Financial (LPLA) records 4.9% year-over-year growth in brokerage and advisory assets in August 2019. However, it declined marginally from the prior month.

LPL Financial's (LPLA) August Brokerage Assets Improve Y/Y

SAN DIEGO, Sept.  19, 2019  (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker-dealer  LPL Financial  LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. ( Nasdaq: LPLA ) (the “Company”), today released its monthly activity report for August 2019.

LPL Financial Reports Monthly Activity for August 2019

CHARLOTTE, N.C., Sept.  19, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Mark Sudol CFP®, CRPC®, Gary Sudol RICP® and Jeffery Lavin of The Sudol Group have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. The firm’s advisors reported having served approximately $300 million of client brokerage, advisory and retirement plan assets*. They join from Ameriprise Financial Services.

LPL Financial Welcomes the Sudol Group

CHARLOTTE, N.C., Sept.  12, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Robert Paolini of Paolini Advisors, LLC has joined LPL Financial. Paolini has aligned with Independent Advisor Alliance (IAA), an enterprise firm offering support and services to advisors leveraging LPL Financial’s broker-dealer and corporate or hybrid registered investment advisor (RIA) platforms. Paolini reported having served approximately $150 million of client brokerage, advisory and retirement plan assets*. He joins from FSC Securities, part of the Advisor Group network of broker-dealers.

LPL Financial and Independent Advisor Alliance Welcome Robert Paolini

CHARLOTTE, N.C., Sept.  09, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Carter Johns, Michael Chu and John Gillis have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. The three advisors comprise JCG, LLC in Chesapeake, Va., and reported having served more than $150 million of client brokerage, advisory and retirement plan assets*. They join LPL from Ameriprise Financial.

LPL Financial Welcomes Financial Advisors Carter Johns, Michael Chu and John Gillis

CHARLOTTE, N.C., Sept.  03, 2019  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Brian Gernant of Gernant Asset Management has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. Gernant reported having managed approximately $125 million of client brokerage, advisory and retirement plan assets*. Gernant joins LPL from Wells Fargo Financial Network.

News for LPL Financial Hlds Stock (LPLA)