LPL Financial Holdings Inc

Company Profile

• Business description

  LPL Financial is the largest US independent broker/dealer, with more than 32,000 financial advisors, roughly 11 million customer accounts, and roughly $2.4 trillion in client assets under management or advisory affiliated with its platform at the end of 2025. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees, commissions, and asset-based fees. LPL specializes in providing 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 2026

  Employees

  10,081