LPL Financial

LPLA

Market cap $26.9B

Overview Fund Activity

336.28 USD

-0.40

0.12%

At close Updated Sep 16, 4:00 PM EDT

Pre-market

After hours

337.20

+0.92

0.27%

1 day

-0.12%

5 days

-0.8%

1 month

-5.28%

3 months

-11.45%

6 months

2.43%

Year to date

2.52%

1 year

61.56%

5 years

316.6%

10 years

722.4%

About: LPL Financial is the largest US independent broker-dealer, with nearly 29,000 financial advisors affiliated with its platform and roughly 10 million associated customer accounts at the end of 2024. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees and commissions tied to the $1.7 trillion in assets under management or advisory on its platform at year-end 2024. LPL specializes in the provision of turnkey wealth management services for affiliated independent advisors, but maintains a diverse array of affiliation modalities, running the gamut from more traditional employee models to a pure RIA custody approach. It earns tuck-in revenue from recordkeeping fees and the provision of software tools and services to its advisor base.

Employees: 9,389

Financials Capital Markets

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

26% more repeat investments, than reductions

Existing positions increased: 322 | Existing positions reduced: 256

24% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 103

20% more call options, than puts

Call options by funds: $44.1M | Put options by funds: $36.7M

17% more capital invested

Capital invested by funds: $25.3B [Q1] → $29.7B (+$4.36B) [Q2]

2% more funds holding

Funds holding: 774 [Q1] → 787 (+13) [Q2]

3.92% less ownership

Funds ownership: 103.05% [Q1] → 99.13% (-3.92%) [Q2]

16% less funds holding in top 10

Funds holding in top 10: 25 [Q1] → 21 (-4) [Q2]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$403

20% upside

Avg. target

$436

30% upside

High target

$490

46% upside

6 analyst ratings

5 positive

83%

1 neutral

17%

0 negative

0%

Goldman Sachs Alexander Blostein	$405	Buy Reinstated	12 Sep 2025
Barclays Benjamin Budish	$460	Overweight Maintained	2 Sep 2025
Keefe, Bruyette & Woods Kyle Voigt	$435	Outperform Maintained	4 Aug 2025
Morgan Stanley Michael Cyprys	$490	Overweight Maintained	15 Jul 2025
Wells Fargo Michael Brown	$420	Overweight Maintained	11 Jul 2025
TD Cowen Bill Katz	$403	Hold Downgraded	9 Jul 2025

See Analyst Rankings

Financial journalist opinion

Based on 13 articles about LPLA published over the past 30 days

Ox Road Capital Joins LPL Strategic Wealth Services

SAN DIEGO, Sept. 16, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Jeffrey S. "Jeff" Allen, CFP®, CTFA, Steve N. Armaly, Brian A. Blackburn, CFP® and Michael S. Lee, CEPA® have launched a new independent practice, Ox Road Capital, through affiliation with LPL Financial's supported independence model, LPL Strategic Wealth. They reported serving approximately $1.25 billion in advisory, brokerage and retirement plan assets* and join LPL from UBS.

Ox Road Capital Joins LPL Strategic Wealth Services

LPL Financial Welcomes The Capitol Bay Group

SAN DIEGO, Sept. 09, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors of The Capitol Bay Group have joined Upstream Investment Partners, an existing firm supporting LPL-affiliated advisors.

LPL Financial Welcomes The Capitol Bay Group

Decorum Wealth Management Launches with Support from LPL Strategic Wealth

SAN DIEGO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Ronald Ewing, CFP®, Edward Macha, Alex Pittz, AAMS®, Brian Gudgel, CFP® and Andrew Curiel IV, CFP®, CEPA®, AWMA®, APMA® have launched a new independent practice, Decorum Wealth Management, through affiliation with LPL Financial's supported independence model, LPL Strategic Wealth.

Decorum Wealth Management Launches with Support from LPL Strategic Wealth

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Top 3 Financial Stocks That May Jump In September

LPL Financial Advisors Embrace AI's Potential for Business Growth, Increased Capacity, Survey Finds

SAN DIEGO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- More than three-quarters of financial advisors (78%) surveyed at LPL Financial LLC's flagship annual conference are already leveraging or plan to use AI tools to create capacity in their businesses this year.

LPL Financial Advisors Embrace AI's Potential for Business Growth, Increased Capacity, Survey Finds

LPL Financial Welcomes Concentric Wealth Management

SAN DIEGO, Aug. 28, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors of Concentric Wealth Management have joined LPL Financial's broker-dealer, Registered Investment Advisor (RIA). They reported serving approximately $715 million in advisory, brokerage and retirement plan assets* and join LPL from Avantax by Cetera.

LPL Financial Welcomes Concentric Wealth Management

LPL Financial Completes Onboarding of First Horizon Advisors to Institution Services Platform

LPL and First Horizon Bank announced the agreement in April 2025. In August 2025, approximately $12B of brokerage and advisory assets onboarded to LPL.

LPL Financial Completes Onboarding of First Horizon Advisors to Institution Services Platform

LPL Financial Welcomes Skyward Financial

SAN DIEGO, Aug. 26, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors of Skyward Financial have joined LPL Financial's broker-dealer, Registered Investment Advisor (RIA) platform. They reported serving approximately $700 million in advisory, brokerage and retirement plan assets* and join LPL from Wedbush Securities.

LPL Financial Welcomes Skyward Financial

LPL Financial: 4 Reasons Why The Stock Is A Buy

LPL Financial has outperformed the S&P 500, delivering a 911% total return over the past decade, driven by strong earnings and M&A growth. LPLA boasts a high-quality, diversified business mix, with resilient profit drivers and strong profit margins. Significant earnings growth potential exists from secular industry tailwinds, market share gains, and continued successful M&A, including the Commonwealth Financial acquisition.

LPL Financial: 4 Reasons Why The Stock Is A Buy

Zacks Investment Research

LPL Financial's July Brokerage & Advisory Assets Rise Sequentially

LPLA's brokerage and advisory assets hit $1.94T in July, rising 1.1% from June and surging nearly 27% year over year.

LPL Financial's July Brokerage & Advisory Assets Rise Sequentially

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