lpl financial, a wholly owned subsidiary of lpl financial holdings inc. (nasdaq:lpla), is a leader in the retail financial advice market and currently serves $462 billion in advisory and brokerage assets. lpl is one of the fastest growing ria custodians and is the nation's largest independent broker-dealer (based on total revenues, financial planning magazine june 1996-2015). the company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. advisors associated with lpl also service an estimated 40,000 retirement plans with an estimated $115 billion in retirement plan assets, as of september 30, 2015. lpl also supports approximately 4,300 financial advisors licensed and affiliated with insurance companies with customi

Company profile
Ticker
LPLA
Exchange
Website
CEO
Mark Casady
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
LPL Investment Holdings Inc.
SEC CIK
Corporate docs
Subsidiaries
LPL Holdings, Inc. • PTC Holdings, Inc. • The Private Trust Company • LPL Financial LLC • LPL Insurance Associates, Inc. • Fortigent Holdings Company, Inc. • Fortigent, LLC • LPL Employee Services, LLC • Allen & Company • Blaze Portfolio Systems LLC ...
IRS number
203717839
LPLA stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
17 Nov 23
424B5
Prospectus supplement for primary offering
13 Nov 23
8-K
Regulation FD Disclosure
9 Nov 23
FWP
Free writing prospectus
8 Nov 23
424B5
Prospectus supplement for primary offering
8 Nov 23
EFFECT
Notice of effectiveness
2 Nov 23
10-Q
2023 Q3
Quarterly report
31 Oct 23
CORRESP
Correspondence with SEC
30 Oct 23
S-3/A
Shelf registration (amended)
27 Oct 23
CORRESP
Correspondence with SEC
27 Oct 23
Transcripts
LPLA
Earnings call transcript
2023 Q3
26 Oct 23
LPLA
Earnings call transcript
2023 Q2
27 Jul 23
LPLA
Earnings call transcript
2023 Q1
27 Apr 23
LPLA
Earnings call transcript
2022 Q4
2 Feb 23
LPLA
Earnings call transcript
2022 Q3
28 Oct 22
LPLA
Earnings call transcript
2022 Q2
3 Aug 22
LPLA
Earnings call transcript
2022 Q1
29 Apr 22
LPLA
Earnings call transcript
2021 Q4
4 Feb 22
LPLA
Earnings call transcript
2021 Q3
29 Oct 21
LPLA
Earnings call transcript
2021 Q2
30 Jul 21
Latest ownership filings
4
Corey E. Thomas
29 Nov 23
4
RICHARD P SCHIFTER
29 Nov 23
4
James S Putnam
29 Nov 23
4
Allison Mnookin
29 Nov 23
4
William Francis Glavin Jr
29 Nov 23
4
PAULETT EBERHART
29 Nov 23
4
EDWARD C BERNARD
29 Nov 23
4
Dan H. Arnold
14 Nov 23
4
Sallie R. Larsen
14 Nov 23
144
Notice of proposed sale of securities
13 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.28 bn | 2.28 bn | 2.28 bn | 2.28 bn | 2.28 bn | 2.28 bn |
Cash burn (monthly) | 45.99 mm | 108.68 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 104.62 mm | 247.25 mm | n/a | n/a | n/a | n/a |
Cash remaining | 2.17 bn | 2.03 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 47.2 | 18.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
93.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 587 |
Opened positions | 77 |
Closed positions | 61 |
Increased positions | 239 |
Reduced positions | 183 |
13F shares | Current |
---|---|
Total value | 16.79 tn |
Total shares | 70.91 mm |
Total puts | 114.88 k |
Total calls | 490.00 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 7.09 mm | $1.69 tn |
BLK Blackrock | 6.34 mm | $1.51 tn |
JHG Janus Henderson | 3.08 mm | $731.67 bn |
T. Rowe Price | 2.63 mm | $622.88 bn |
WCM Investment Management | 2.46 mm | $583.91 bn |
Capital Research Global Investors | 2.33 mm | $554.70 bn |
FMR | 2.27 mm | $540.16 bn |
Kayne Anderson Rudnick Investment Management | 2.15 mm | $509.94 bn |
Lone Pine Capital | 1.84 mm | $437.30 bn |
STT State Street | 1.74 mm | $413.14 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Nov 23 | Bernard Edward C | Common Stock | Grant | Acquire A | No | No | 0 | 6 | 0.00 | 13,550 |
27 Nov 23 | Bernard Edward C | Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 13,544 |
27 Nov 23 | Eberhart Paulett | Common Stock | Grant | Acquire A | No | No | 0 | 8 | 0.00 | 20,001 |
27 Nov 23 | Eberhart Paulett | Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 19,993 |
27 Nov 23 | Glavin William Francis Jr | Common Stock | Grant | Acquire A | No | No | 0 | 19 | 0.00 | 21,230 |
27 Nov 23 | Glavin William Francis Jr | Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 21,211 |
27 Nov 23 | Mnookin Allison | Common Stock | Grant | Acquire A | No | No | 0 | 5 | 0.00 | 9,718 |
27 Nov 23 | Mnookin Allison | Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 9,713 |
27 Nov 23 | Putnam James S | Common Stock | Grant | Acquire A | No | No | 0 | 14 | 0.00 | 135,283.5 |
27 Nov 23 | Putnam James S | Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 135,269.5 |
News
Where LPL Finl Hldgs Stands With Analysts
1 Dec 23
Redburn Atlantic Initiates Coverage On LPL Finl Hldgs with Neutral Rating, Announces Price Target of $240
1 Dec 23
Nurturing Growth: LPL Finl Hldgs Supports Investors with Growing Earnings
27 Nov 23
This Analyst With 84% Accuracy Rate Sees Around 24% Upside In Pinterest - Here Are 5 Stock Picks For October From Wall Street's Most Accurate Analysts
1 Nov 23
Barclays Maintains Overweight Rating for LPL Finl Hldgs: Here's What You Need To Know
30 Oct 23
Press releases
LPL Financial Names Sara Dadyar Chief Human Capital Officer
5 Dec 23
LPL Financial to Present at the Goldman Sachs Financial Services Conference 2023
29 Nov 23
LPL Financial Welcomes Doherty Financial Services
16 Nov 23
LPL Financial Introduces LPL Private Wealth Management
15 Nov 23
LPL Financial Welcomes Financial Advisor Blake Mier
9 Nov 23