Company research
LPL Financial Holdings Inc.
CIK 1397911Updated Sep 26, 2026
SecurityLPLA · NASDAQ · equity
Name history
LPL Investment Holdings Inc. · through Jun 5, 2012
LPLA price & chart
Loading TradingView…
NASDAQ:LPLA on TradingView ↗About the company
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
In the news
LPL Financial Reports Monthly Activity for July 2026 ↗
GTCR Completes Acquisition of FMG, the Leading Marketing Automation Platform for Financial Advisors News provided by GTCR Sep 10, 2025, 09:30 ET Share this article Share to X Share this article Share to X Firm executes Leaders Strategy™ partnership with former LPL Financial CEO Mark Casady , who joi ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 18,492,753,000Source | 13,317,404,000Source | 10,385,480,000Source | 9,482,226,000Source |
| Property, Plant and Equipment, NetUSD | 1,409,376,000Source | 1,210,027,000Source | 933,091,000Source | 780,357,000Source |
| GoodwillUSD | 2,644,723,000Source | 2,172,873,000Source | 1,856,648,000Source | 1,642,468,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 3,330,788,000Source | 1,482,988,000Source | 671,585,000Source | 427,676,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,037,378,000Source | 967,079,000Source | 465,671,000Source | 847,519,000Source |
| Operating Lease, Right-of-Use AssetUSD | 173,544,000Source | 119,144,000Source | 93,797,000Source | 92,534,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 13,148,268,000Source | 10,386,802,000Source | 8,306,501,000Source | 7,314,674,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 136,000Source | 131,000Source | 130,000Source | 130,000Source |
| Retained Earnings (Accumulated Deficit)USD | 5,835,057,000Source | 5,066,525,000Source | 4,085,114,000Source | 3,101,072,000Source |
| Stockholders' Equity Attributable to ParentUSD | 5,344,485,000Source | 2,930,602,000Source | 2,078,979,000Source | 2,167,552,000Source |
| Additional Paid in Capital, Common StockUSD | 3,843,017,000Source | 2,066,268,000Source | 1,987,684,000Source | 1,912,886,000Source |
| Liabilities and EquityUSD | 18,492,753,000Source | 13,317,404,000Source | 10,385,480,000Source | 9,482,226,000Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 7,258,694,000Source | 5,494,724,000Source | 3,734,111,000Source | 2,717,444,000Source |
| Short-term InvestmentsUSD | 91,528,000Source | 57,481,000Source | 91,311,000Source | 52,610,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 393,400,000Source | 308,500,000Source | 247,000,000Source | 199,800,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 79,362,000Source | 91,761,000Source | 68,669,000Source | 52,608,000Source |
| Deferred Income Tax Expense (Benefit)USD | 52,935,000Source | -76,244,000Source | -68,454,000Source | -93,349,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -411,404,000Source | 277,589,000Source | 512,611,000Source | 1,945,577,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 1,787,592,000Source | 1,020,221,000Source | 453,475,000Source | 56,458,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,386,593,000Source | -1,592,132,000Source | -860,186,000Source | -376,400,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 570,376,000Source | 562,531,000Source | 403,286,000Source | 306,596,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 33,484,000Source | 41,288,000Source | 40,005,000Source | 25,157,000Source |
| Payments for Repurchase of Common StockUSD | 100,004,000Source | 170,096,000Source | 1,100,101,000Source | 325,031,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 3,168,685,000Source | 1,417,432,000Source | -208,532,000Source | -504,271,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 370,688,000Source | 102,889,000Source | -556,107,000Source | 1,064,906,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,054,740,000Source | 2,684,052,000Source | 2,581,163,000Source | 3,137,270,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 379,919,000Source | 268,351,000Source | 191,350,000Source | 118,824,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 21,601,000Source | 11,319,000Source | 8,731,000Source | 6,853,000Source |
| Amortization of Intangible AssetsUSD | 236,578,000Source | 135,234,000Source | 107,211,000Source | 87,560,000Source |
| DepreciationUSD | 393,434,000Source | 308,527,000Source | 246,994,000Source | 199,817,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source |
| GoodwillUSD | 2,644,723,000Source | 2,172,873,000Source | 1,856,648,000Source | 1,642,468,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 286,483,000Source | 334,276,000Source | 378,525,000Source | 265,951,000Source |
| Net Income (Loss) Attributable to ParentUSD | 863,024,000Source | 1,058,616,000Source | 1,066,250,000Source | 845,702,000Source |
| Proceeds from Issuance of Common StockUSD | 1,725,000,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | 22,175,000Source | 28,728,000Source | 18,665,000Source | 28,730,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 16,989,479,000Source | 12,385,107,000Source | 10,052,848,000Source | 8,600,825,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,149,507,000Source | 1,392,892,000Source | 1,444,775,000Source | 1,111,653,000Source |
| Income Tax Expense (Benefit)USD | 286,483,000Source | 334,276,000Source | 378,525,000Source | 265,951,000Source |
| Net Income (Loss) Attributable to ParentUSD | 863,024,000Source | 1,058,616,000Source | 1,066,250,000Source | 845,702,000Source |
| Earnings Per Share, BasicUSD per share | 10.97Source | 14.17Source | 13.88Source | 10.6Source |
| Earnings Per Share, DilutedUSD per share | 10.92Source | 14.03Source | 13.69Source | 10.4Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 78,681,000Source | 74,713,000Source | 76,807,000Source | 79,801,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 79,061,000Source | 75,427,000Source | 77,861,000Source | 81,285,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 236,578,000Source | 135,234,000Source | 107,211,000Source | 87,560,000Source |
| Costs and ExpensesUSD | 15,839,972,000Source | 10,992,215,000Source | 8,608,073,000Source | 7,489,172,000Source |
| Current Income Tax Expense (Benefit)USD | 233,548,000Source | 410,520,000Source | 446,979,000Source | 359,300,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 393,434,000Source | 308,527,000Source | 246,994,000Source | 199,817,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Interest Expense, DebtUSD | 403,406,000Source | 274,181,000Source | 186,804,000Source | 126,234,000Source |
| Interest Income, OperatingUSD | 231,616,000Source | 187,606,000Source | 159,415,000Source | 77,126,000Source |
| Labor and Related ExpenseUSD | 1,586,043,000Source | 1,136,717,000Source | 979,681,000Source | 820,736,000Source |
| Other ExpensesUSD | 219,327,000Source | 218,493,000Source | 209,439,000Source | 143,937,000Source |
| Other IncomeUSD | 172,412,000Source | 144,164,000Source | 119,024,000Source | -86,533,000Source |
Filing attachments
d82717dex991.htm · 8-K · 2026-01-08
EX-99.1 2 d82717dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LPL Public Relations For Immediate Release Somesh Khanna Elected to LPL Financial Board of Directors SAN DIEGO - January 8, 2026 - LPL Financial Holdings Inc. (Nasdaq: LPLA), a leading wealth management firm, today announced that Somesh Khanna has been elected to the company’s board of directors as an independent director. Khanna currently serves as a senior advisor at McKinsey & Company and is the executive co-chair of Apexo…
Read attachment ↗d810447dex991.htm · 8-K · 2025-08-01
EX-99.1 2 d810447dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LPL FINANCIAL CLOSES ITS ACQUISITION OF COMMONWEALTH FINANCIAL NETWORK SAN DIEGO - Aug. 1, 2025 - LPL Financial Holdings Inc. (NASDAQ: LPLA), together with its subsidiaries, including LPL Financial LLC, announced the closing of its acquisition of Commonwealth Financial Network (“Commonwealth”), a wealth management firm supporting approximately 3,000* advisors managing $305 billion in assets. “Advisor success is woven into every asp…
Read attachment ↗d923475dex42.htm · 8-K · 2025-04-03
EX-4.2 3 d923475dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 SIXTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of April 3, 2025, among LPL Holdings, Inc., a Massachusetts corporation (the “Company”), LPL Financial Holdings Inc., a Delaware corporation (the “Parent Guarantor”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”). RECITALS WHEREAS, the Company and the Parent Guarantor have heretofore executed and deliver…
Read attachment ↗d923475dex43.htm · 8-K · 2025-04-03
EX-4.3 4 d923475dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 SEVENTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of April 3, 2025, among LPL Holdings, Inc., a Massachusetts corporation (the “Company”), LPL Financial Holdings Inc., a Delaware corporation (the “Parent Guarantor”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”). RECITALS WHEREAS, the Company and the Parent Guarantor have heretofore executed and deliv…
Read attachment ↗d923475dex44.htm · 8-K · 2025-04-03
EX-4.4 5 d923475dex44.htm EX-4.4 EX-4.4 Exhibit 4.4 EIGHTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of April 3, 2025, among LPL Holdings, Inc., a Massachusetts corporation (the “Company”), LPL Financial Holdings Inc., a Delaware corporation (the “Parent Guarantor”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”). RECITALS WHEREAS, the Company and the Parent Guarantor have heretofore executed and delive…
Read attachment ↗d697025dex991.htm · 8-K · 2025-03-31
EX-99.1 3 d697025dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LPL Financial to Acquire Commonwealth Financial Network Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assets Commonwealth ranked #1 in Independent Advisor Satisfaction 11 times in a row by J.D. Power Founder of Commonwealth to assume advisory role to LPL Board of Directors Commonwealth CEO to join LPL Management Committee, partnering to launch Office of Advisor Advocacy SAN DIEGO, Cal. and W…
Read attachment ↗