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LPLA logo LPLA
Upturn stock ratingUpturn stock rating
LPLA logo

LPL Financial Holdings Inc (LPLA)

Upturn stock ratingUpturn stock rating
$383.6
Last Close (24-hour delay)
Profit since last BUY6.51%
upturn advisory
Regular Buy
BUY since 40 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

07/08/2025: LPLA (4-star) is a STRONG-BUY. BUY since 40 days. Profits (6.51%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

15 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $416.77

1 Year Target Price $416.77

Analysts Price Target For last 52 week
$416.77 Target price
52w Low $186.4
Current$383.6
52w High $389.93

Analysis of Past Performance

Type Stock
Historic Profit 68.51%
Avg. Invested days 55
Today’s Advisory Regular Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/08/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 30.72B USD
Price to earnings Ratio 26.39
1Y Target Price 416.77
Price to earnings Ratio 26.39
1Y Target Price 416.77
Volume (30-day avg) 15
Beta 0.66
52 Weeks Range 186.40 - 389.93
Updated Date 07/8/2025
52 Weeks Range 186.40 - 389.93
Updated Date 07/8/2025
Dividends yield (FY) 0.32%
Basic EPS (TTM) 14.43

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.44%
Operating Margin (TTM) 12.67%

Management Effectiveness

Return on Assets (TTM) 8.71%
Return on Equity (TTM) 40.36%

Valuation

Trailing PE 26.39
Forward PE 22.03
Enterprise Value 35056059252
Price to Sales(TTM) 2.38
Enterprise Value 35056059252
Price to Sales(TTM) 2.38
Enterprise Value to Revenue 2.65
Enterprise Value to EBITDA 15.8
Shares Outstanding 79975696
Shares Floating 79400046
Shares Outstanding 79975696
Shares Floating 79400046
Percent Insiders 0.54
Percent Institutions 98.54

ai summary icon Upturn AI SWOT

LPL Financial Holdings Inc

stock logo

Company Overview

overview logo History and Background

LPL Financial was founded in 1968 as Linsco/Private Ledger. It has evolved from a small brokerage firm into one of the largest independent broker-dealers in the United States, providing a platform for independent financial advisors.

business area logo Core Business Areas

  • Independent Broker-Dealer: LPL provides a platform for independent financial advisors, including technology, brokerage, and investment advisory services.
  • Registered Investment Advisor (RIA): LPL supports advisors in managing client assets and providing financial advice through fee-based arrangements.
  • Custodial Services: LPL offers custodial services for advisors to safeguard client assets.

leadership logo Leadership and Structure

The CEO of LPL Financial is Dan Arnold. The company operates with a tiered organizational structure, supporting its network of independent advisors through various operational divisions.

Top Products and Market Share

overview logo Key Offerings

  • Brokerage Services: LPL offers a wide range of brokerage services, including trading in stocks, bonds, and mutual funds. This is the core offering and primary revenue driver. Competitors include Charles Schwab, Fidelity, and Raymond James. No specific market share data is readily available for just brokerage services.
  • Revenue (2023): 9683000000
  • Investment Advisory Programs: LPL provides investment advisory programs where advisors manage client assets on a discretionary or non-discretionary basis. Fee-based advisory is a significant growth area. Competitors include Envestnet and SEI Investments. No specific market share data is readily available for just Investment Advisory Programs.
  • Revenue (2023): 1452000000

Market Dynamics

industry overview logo Industry Overview

The financial advisory industry is characterized by increasing regulation, technological disruption, and a growing demand for personalized financial advice.

Positioning

LPL Financial is positioned as a leading independent broker-dealer and RIA custodian, offering a comprehensive platform and scale advantages to attract and retain advisors.

Total Addressable Market (TAM)

The US financial advisory market is estimated to be in the trillions of dollars. LPL Financial is well-positioned to capture a growing share of this market through its independent advisor network.

Upturn SWOT Analysis

Strengths

  • Large network of independent financial advisors
  • Scalable technology platform
  • Diverse revenue streams
  • Strong brand recognition
  • Significant AUM

Weaknesses

  • Reliance on advisor retention and recruitment
  • Exposure to regulatory changes
  • Potential conflicts of interest
  • Dependence on market performance

Opportunities

  • Growing demand for financial advice
  • Acquisition opportunities
  • Expansion of services and product offerings
  • Increasing adoption of technology in financial services
  • Growth in high-net-worth client segment

Threats

  • Increased competition from other broker-dealers and RIAs
  • Economic downturns
  • Cybersecurity risks
  • Regulatory scrutiny
  • Changing investor preferences

Competitors and Market Share

competitor logo Key Competitors

  • SCHW
  • RJF
  • MS
  • UBS

Competitive Landscape

LPL Financial competes primarily on the breadth of its platform, its independent model, and its scale. While larger firms have more resources, LPL focuses on providing a supportive environment for independent advisors.

Major Acquisitions

Atria Wealth Solutions

  • Year: 2024
  • Acquisition Price (USD millions): 805
  • Strategic Rationale: Expanded LPLu2019s advisor base, increased assets under management, and strengthened its market position in the independent broker-dealer channel.

Financial Resources Group Investment Services

  • Year: 2021
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Enhanced LPLu2019s footprint in the insurance-focused advisor market, offering broader access to insurance products and services for its advisors.

Growth Trajectory and Initiatives

Historical Growth: LPL Financial has achieved consistent growth in revenue and assets under management (AUM) through advisor recruitment, organic growth, and strategic acquisitions.

Future Projections: Analysts project continued growth for LPL Financial, driven by the increasing demand for financial advice and the company's strong competitive position. The increase in AUM is expected to continue.

Recent Initiatives: Recent initiatives include investments in technology, expansion of service offerings, and strategic acquisitions to enhance its platform and attract more advisors.

Summary

LPL Financial is a robust player in the financial advisory industry, benefiting from its large network of advisors and scalable platform. Its strengths include consistent financial growth and strategic acquisitions, while potential threats include increased competition and regulatory changes. The company should focus on retaining advisors and continue to innovate its technology offerings to ensure long-term success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • LPL Financial Investor Relations
  • SEC Filings
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and the advice of a qualified financial professional.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About LPL Financial Holdings Inc

Exchange NASDAQ
Headquaters San Diego, CA, United States
IPO Launch date 2010-11-18
CEO & Director Mr. Richard Steinmeier
Sector Financial Services
Industry Capital Markets
Full time employees 9118
Full time employees 9118

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account. It also provides fee-based platforms that provide access to mutual funds, exchange traded funds, stocks, bonds, certain options strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. In addition, the company offers retirement solutions for commission and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, it provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services for estates and families; an advisor-facing trading and portfolio rebalancing platform; insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.