LPL Financial Holdings Inc. (commonly referred to as LPL Financial) was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| LPLA | LPL Financial Holdings Inc. | 2025-10-28 15:21:09 | 343.1 | 0 | 0 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LPLA | 0001397911 | LPL Financial Holdings Inc. | US50212V1008 | 549300XROQ4Y8G2L7682 | 203717839 | Nasdaq | 6200 | Security & Commodity Brokers, Dealers, Exchanges & Services | 1231 | DE | 4707 EXECUTIVE DRIVE | SAN DIEGO | CA | 92121 | UNITED STATES | US | 800-877-7210 | 4707 EXECUTIVE DRIVE, SAN DIEGO, CA, 92121 | 4707 EXECUTIVE DRIVE, SAN DIEGO, CA, 92121 | LPL Investment Holdings Inc. | Financial services | 1989 | — | 8,400 | https://www.lpl.com | 21,300,000,000 | 136,603,206 | 80,004,103 | LPL Financial Holdings Inc. (commonly referred to as LPL Financial) was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC. | 2025-10-23 12:29:27 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 21,300,000,000 | 4,700,000,000 | 28.3133 | 74,574,576 | 121,626 | 0.1634 |
| 2023 | 16,600,000,000 | 1,900,000,000 | 12.9252 | 74,452,950 | -4,220,816 | -5.365 |
| 2022 | 14,700,000,000 | 3,900,000,000 | 36.1111 | 78,673,766 | -1,295,615 | -1.6201 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Dan H. Arnold | Chief Executive Officer, President | 2024 | 756,346 | — | 13,566,041 | 0 | 21,156 | 26,347,995 |
| Greg Gates | Managing Director | 2023 | 524,039 | — | 1,435,139 | 1,375,000 | 55,984 | 3,390,162 |
| Dan H. Arnold | Chief Executive Officer, President | 2023 | 946,154 | — | 11,901,699 | 4,000,000 | 89,937 | 16,937,790 |
| Matthew J. Audette | Chief Financial Officer | 2023 | 625,385 | — | 1,319,013 | 1,375,000 | 77,280 | 3,396,678 |
| Matthew Enyedi | Managing Director | 2023 | 492,308 | — | 1,102,237 | 785,000 | 75,510 | 2,455,055 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 9,000 |
| 2023 | 8,400 |
| 2022 | 6,900 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 12,385,107,000 | 10,052,848,000 | 8,600,825,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 10,992,215,000 | 8,608,073,000 | 7,489,172,000 |
| Operating Income | — | — | — |
| Net Income | 1,058,616,000 | 1,066,250,000 | 845,702,000 |
| Earnings Per Share Basic | 14.17 | 13.88 | 10.6 |
| Earnings Per Share Diluted | 14.03 | 13.69 | 10.4 |
| Weighted Average Shares Outstanding Basic | 74,713,000 | 76,807,000 | 79,801,000 |
| Weighted Average Shares Outstanding Diluted | 75,427,000 | 77,861,000 | 81,285,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 967,079,000 | 465,671,000 | 847,519,000 |
| Marketable Securities Current | 57,481,000 | 91,311,000 | 52,610,000 |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | 68,962,000 | 39,968,000 | 46,075,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | 10,154,000 | 10,245,000 | 10,344,000 |
| Property Plant And Equipment | 1,210,027,000 | 933,091,000 | 780,357,000 |
| Other Assets Non Current | 39,819,000 | 39,819,000 | 39,819,000 |
| Total Assets Non Current | — | — | — |
| Total Assets | 13,317,404,000 | 10,385,480,000 | 9,482,226,000 |
| Accounts Payable | 588,450,000 | 485,963,000 | 448,630,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 0 | 10,700,000 | 10,700,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 5,494,724,000 | 3,734,111,000 | 2,717,444,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 10,386,802,000 | 8,306,501,000 | 7,314,674,000 |
| Common Stock | 131,000 | 130,000 | 130,000 |
| Retained Earnings | 5,066,525,000 | 4,085,114,000 | 3,101,072,000 |
| Accumulated Other Comprehensive Income | — | — | — |
| Total Shareholders Equity | 2,930,602,000 | 2,078,979,000 | 2,167,552,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 308,527,000 | 246,994,000 | 199,817,000 |
| Share Based Compensation Expense | 91,761,000 | 68,669,000 | 52,608,000 |
| Other Non Cash Income Expense | 25,319,000 | -39,172,000 | -14,783,000 |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | 126,829,000 | 71,328,000 | 107,588,000 |
| Change In Other Assets | 435,255,000 | 213,043,000 | 148,263,000 |
| Change In Accounts Payable | 36,977,000 | 31,256,000 | 50,664,000 |
| Change In Other Liabilities | 336,412,000 | 117,805,000 | 183,381,000 |
| Cash From Operating Activities | 277,589,000 | 512,611,000 | 1,945,577,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 562,531,000 | 403,286,000 | 306,596,000 |
| Acquisition Of Business | 1,020,221,000 | 453,475,000 | 56,458,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -1,592,132,000 | -860,186,000 | -376,400,000 |
| Tax Withholding For Share Based Compensation | 41,288,000 | 40,005,000 | 25,157,000 |
| Payments Of Dividends | 89,727,000 | 92,190,000 | 79,833,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 170,096,000 | 1,100,101,000 | 325,031,000 |
| Issuance Of Long Term Debt | 998,325,000 | 749,468,000 | 0 |
| Repayment Of Long Term Debt | 663,000,000 | 1,438,000,000 | 905,000,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 1,417,432,000 | -208,532,000 | -504,271,000 |
| Change In Cash | 102,889,000 | -556,107,000 | 1,064,906,000 |
| Cash At End Of Period | 967,079,000 | 465,671,000 | 847,519,000 |
| Income Taxes Paid | 320,259,000 | 535,959,000 | 238,155,000 |
| Interest Paid | 268,351,000 | 191,350,000 | 118,824,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 14.17 | 13.88 | 10.6 |
| Price To Earnings Ratio | 23.0423 | 16.3991 | 20.3934 |
| Earnings Growth Rate | 2.0893 | 30.9434 | 84.3478 |
| Price Earnings To Growth Ratio | 11.0285 | 0.53 | 0.2418 |
| Book Value Per Share | 39.2248 | 27.0676 | 27.162 |
| Price To Book Ratio | 8.3241 | 8.4093 | 7.9586 |
| Ebitda | 1,961,583,000 | 2,036,007,000 | 1,409,908,000 |
| Enterprise Value | 28,922,186,630 | 20,761,949,340 | 19,131,207,170 |
| Dividend Yield | 0.0037 | 0.0053 | 0.0046 |
| Dividend Payout Ratio | 0.0848 | 0.0865 | 0.0944 |
| Debt To Equity Ratio | 1.8749 | 1.8013 | 1.2586 |
| Capital Expenditures | 585,463,000 | 399,728,000 | 321,333,000 |
| Free Cash Flow | -307,874,000 | 112,883,000 | 1,624,244,000 |
| Return On Equity | 0.3612 | 0.5129 | 0.3902 |
| One Year Beta | 0.7713 | 0.7902 | 0.9248 |
| Three Year Beta | 0.8632 | 0.9929 | 1.2827 |
| Five Year Beta | 1.2051 | 1.2558 | 1.2792 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Gates Greg | Group Managing Director | 2025-10-06 | 141 | D | 17,479 |
| Gates Greg | Group Managing Director | 2025-10-06 | 266 | D | 17,213 |
| Gates Greg | Group Managing Director | 2025-10-06 | 109 | D | 17,104 |
| Gates Greg | Group Managing Director | 2025-10-06 | 132 | D | 16,972 |
| Gates Greg | Group Managing Director | 2025-10-06 | 102 | D | 16,870 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Markwayne Mullin | Senator | 2025-06-11 | Purchase | 2025-05-13 | Joint | $15,001 - $50,000 |
| Markwayne Mullin | Senator | 2025-02-27 | Purchase | 2025-02-13 | Joint | $50,001 - $100,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Valerie Hoyle | 2025-09-12 | OR04 | Purchase | 2025-03-03 | Spouse | $1,001 - $15,000 |
| John James | 2024-09-02 | MI10 | Purchase | 2023-11-10 | — | $1,001 - $15,000 |
| John James | 2024-09-02 | MI10 | Sale | 2024-07-18 | — | $1,001 - $15,000 |
| Susie Lee | 2023-05-12 | NV03 | Sale | 2023-04-20 | Joint | $15,001 - $50,000 |
| Sara Jacobs | 2021-03-12 | CA53 | Purchase | 2021-02-19 | — | $15,001 - $50,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| QRG CAPITAL MANAGEMENT, INC. | 2025-09-30 | 916,993 | 2,756 | 332.7261 |
| NBT BANK N A /NY | 2025-09-30 | 98,476 | 333 | 295.7237 |
| Arlington Trust Co LLC | 2025-09-30 | 104,797 | 315 | 332.6889 |
| REINHART PARTNERS, LLC. | 2025-09-30 | 9,370,426 | 28,165 | 332.6975 |
| WoodTrust Financial Corp | 2025-09-30 | 234,000 | 702 | 333.3333 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| MFS SERIES TRUST II | 2025-08-31 | B | MEGBX | 465,868 | 169,799,568.64 | 0.3664 |
| MFS SERIES TRUST II | 2025-08-31 | R4 | MFEJX | 465,868 | 169,799,568.64 | 0.3664 |
| MFS SERIES TRUST II | 2025-08-31 | A | MFEGX | 465,868 | 169,799,568.64 | 0.3664 |
| GROWTH FUND OF AMERICA | 2025-08-31 | Class 529-F-3 | FFAFX | 1,464,407 | 533,747,063.36 | 0.1622 |
| GROWTH FUND OF AMERICA | 2025-08-31 | Class 529-F-2 | FAFGX | 1,464,407 | 533,747,063.36 | 0.1622 |