LPL Financial Holdings Inc.
LPL Financial Holdings Inc. (NASDAQ: LPLA) operates as a leading financial services platform serving independent financial advisors and financial institutions. The company's website is located at www.lpl.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What LPL Financial Holdings Inc. does
In the company’s own words
LPL Financial Holdings Inc. (NASDAQ: LPLA) operates as a leading financial services platform serving independent financial advisors and financial institutions. The company's website is located at www.lpl.com.
LPL Financial provides a comprehensive suite of services designed to support independent financial advisors in building and growing their practices. The company operates through multiple business segments that collectively serve advisors, institutions, and end clients across the United States. The platform offers clearing and settlement services, advisory services, technology solutions, and practice management support to independent financial professionals.
The company's core business model centers on enabling independent advisors to operate their own practices while leveraging LPL's infrastructure, compliance support, and operational capabilities. This approach differentiates LPL from traditional broker-dealers by maintaining a network of independent advisors rather than employing them directly. The platform serves as an intermediary between advisors and their clients, facilitating investment management, financial planning, and wealth management services.
LPL Financial's competitive advantages include its extensive technology infrastructure, regulatory expertise, and established relationships with financial institutions and advisors. The company maintains significant scale through its large advisor network and the substantial assets under management and administration flowing through its platform. The business benefits from recurring revenue streams generated through advisory fees, transaction-based revenues, and service charges.
The company has undergone significant evolution through various strategic transactions and amendments to its credit facilities, as evidenced by the tenth amendment to its credit agreement dated November 21, 2025. This amendment reflects the company's ongoing refinancing activities and capital structure management, including the introduction of new incremental term loan facilities totaling $1.02 billion.
LPL Financial operates in a highly regulated environment, requiring substantial compliance infrastructure and expertise. The company's success depends on maintaining strong relationships with its advisor network, continuously enhancing its technology platform, and adapting to evolving regulatory requirements in the financial services industry.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- SAN DIEGO, CA
- Fiscal year end
- December
- CIK
- 1397911
- SIC
- 6200
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns LPL Financial Holdings Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in LPL Financial Holdings Inc. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · LPL Financial Holdings Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
LPL Financial Holdings Inc.’s bonds, as funds hold them
Funds report holding 11 issues of LPL Financial Holdings Inc.’s debt, $2.50B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.30%, maturing 2027 to 2035.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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