LPL Financial Holdings Inc

Company Profile

• Business description

  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.

• Contact

  4707 Executive Drive
  San DiegoCA92121
  USA

  T: +1 800 877-7210

  E: [email protected]

  https://www.lpl.com

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Capital Markets

  Fiscal Year End

  31 December 2025

  Employees

  9,389