LPL FinancialLPLA
LPLA
About: LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of 2024, the company had over 29,000 advisors on its platform managing $1.7 trillion of client assets. The company doesn't have material operations outside the United States.
Employees: 9,118
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
147% more first-time investments, than exits
New positions opened: 146 | Existing positions closed: 59
42% more capital invested
Capital invested by funds: $16.6B [Q3] → $23.5B (+$6.92B) [Q4]
27% more funds holding in top 10
Funds holding in top 10: 22 [Q3] → 28 (+6) [Q4]
12% more funds holding
Funds holding: 633 [Q3] → 710 (+77) [Q4]
0.05% less ownership
Funds ownership: 95.05% [Q3] → 95.01% (-0.05%) [Q4]
11% less call options, than puts
Call options by funds: $118M | Put options by funds: $132M
16% less repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 265
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$342
11%
downside
Avg. target
$396
3%
upside
High target
$440
14%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Barclays Benjamin Budish 72% 1-year accuracy 97 / 134 met price target | 4%upside $400 | Overweight Maintained | 12 May 2025 |
JMP Securities Devin Ryan 67% 1-year accuracy 4 / 6 met price target | 14%upside $440 | Market Outperform Maintained | 9 May 2025 |
Wells Fargo Michael Brown 38% 1-year accuracy 9 / 24 met price target | 11%downside $342 | Overweight Maintained | 8 Apr 2025 |
Citigroup Christopher Allen 79% 1-year accuracy 15 / 19 met price target | 4%upside $400 | Buy Maintained | 2 Apr 2025 |
Financial journalist opinion
Based on 17 articles about LPLA published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
LPL Financial Asks What If You Could? in New Brand Campaign
SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC launched today a strategic marketing campaign designed to reach new audiences and elevate the firm's brand strength by asking the simple yet provocative question, What If You Could? Featuring actor Anna Kendrick, the first-of-its-kind campaign for the company launches this month and includes a series of video, social, out-of-home, print and digital ads that will run across business, sports and lifestyle outlets throughout the country.
Neutral
GlobeNewsWire
3 days ago
LPL Financial Launches Comprehensive Alts Learning Hub
SAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA), a leading wealth management firm, has launched a new alternative investments education platform, designed to empower advisors with the knowledge and tools necessary to effectively and easily incorporate alternative investments into their practice. According to Cerulli, advisor-intermediated illiquid alternative assets are projected to grow from $1.4 trillion to $2.4 trillion over the next five years.
Positive
Zacks Investment Research
1 week ago
LPL Financial's Q1 Earnings Beat on Higher Revenues, Expenses Soar
Higher revenues and growth in brokerage and advisory assets support LPLA's Q1 earnings.
Neutral
Seeking Alpha
1 week ago
LPL Financial Holdings, Inc. (LPLA) Q1 2025 Earnings Call Transcript
LPL Financial Holdings, Inc. (NASDAQ:LPLA ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Richard Steinmeier - CEO & Director Matthew Audette - President & CFO Conference Call Participants Devin Ryan - Citizens Bank Steven Chubak - Wolfe Research Michael Cyprys - Morgan Stanley Alex Blostein - Goldman Sachs Dan Fannon - Jeffries Mike Brown - Wells Fargo Bill Katz - TD Cowen Jeff Schmitt - William Blair Operator Good afternoon, and thank you for joining the First Quarter 2025 Earnings Conference Call for LPL Financial Holdings, Inc. Joining the call today are our Chief Executive Officer, Rich Steinmeier and President and Chief Financial Officer, Matt Audette. Rich and Matt will offer introductory remarks, and then the call will be opened for questions.
Positive
Zacks Investment Research
1 week ago
LPL Financial (LPLA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for LPL Financial (LPLA) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 week ago
LPL Financial (LPLA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for LPL Financial (LPLA) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 week ago
LPL Financial Holdings Inc. (LPLA) Q1 Earnings and Revenues Surpass Estimates
LPL Financial Holdings Inc. (LPLA) came out with quarterly earnings of $5.15 per share, beating the Zacks Consensus Estimate of $4.54 per share. This compares to earnings of $4.21 per share a year ago.
Neutral
GlobeNewsWire
1 week ago
LPL Financial Announces First Quarter 2025 Results
Key Financial Results: Net Income was $319 million , translating to diluted earnings per share ("EPS") of $4.24 , up 11% from a year ago Adjusted EPS* increased 22% year-over-year to $5.15 Gross profit* increased 19% year-over-year to $1,273 million Core G&A* increased 14% year-over-year to $413 million Adjusted pre-tax income* increased 23% year-over-year to $509 million Key Business Results: Total advisory and brokerage assets increased 25% year-over-year to $1.8 trillion Advisory assets increased 23% year-over-year to $977 billion Advisory assets as a percentage of total assets decreased to 54.5%, down from 55.0% a year ago Total organic net new assets were $71 billion, representing 16% annualized growth This included $27 billion of assets from Prudential Advisors ("Prudential") and $16 billion of assets from Wintrust Investments, LLC and certain private client business at Great Lakes Advisors, LLC (collectively, "Wintrust") that onboarded during the first quarter, as well as $0.7 billion of assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. Prior to these impacts, organic net new assets were $29 billion, translating to a 7% annualized growth rate Recruited assets ( 1 ) were $39 billion, up 91% from a year ago Recruited assets over the trailing twelve months were a record of $167 billion Total client cash balances were $53 billion, a decrease of $2 billion sequentially and an increase of $7 billion year-over-year Client cash balances as a percentage of total assets were 3.0%, down from 3.2% in the prior quarter and prior year Key Capital and Liquidity Results: Corporate cash ( 2 ) was $621 million Leverage ratio ( 3 ) was 1.82x Share repurchases were $100 million and dividends paid were $22.4 million *See the Non-GAAP Financial Measures section and the endnotes to this release for further details about these non-GAAP financial measures Key Updates Large Institutions: Prudential: Completed the onboarding of Prudential, with $67 billion of brokerage and advisory assets, of which $27 billion transitioned onto our platform in Q1 Wintrust: Onboarded Wintrust, with $16 billion of brokerage and advisory assets transitioning onto our platform in Q1 First Horizon Bank ("First Horizon"): In April 2025, announced a strategic relationship agreement with First Horizon to transition support of the broker-dealer and investment advisory services of First Horizon Advisors, Inc., to LPL's Institution Services platform, expected to be completed in the second half of 2025.
Neutral
GlobeNewsWire
1 week ago
LPL Financial Welcomes Women-Led West Texas Investments
SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Stephanie Stewart, Debra Hedgcoth, CFP®, RICP®, and Madison Wentland, CPA, of West Texas Investments have joined LPL Financial's broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $170 million in advisory, brokerage and retirement plan assets* and join LPL from B. Riley Wealth Advisors, Inc.
Positive
Zacks Investment Research
1 week ago
Will LPL Financial (LPLA) Beat Estimates Again in Its Next Earnings Report?
LPL Financial (LPLA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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