Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
LPLA logo LPLA
Upturn stock ratingUpturn stock rating
LPLA logo

LPL Financial Holdings Inc (LPLA)

Upturn stock ratingUpturn stock rating
$320.99
Last Close (24-hour delay)
upturn advisory
PASS
  • 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
  • MONTH
  • WEEK

Upturn Advisory Summary

10/14/2025: LPLA (4-star) is currently NOT-A-BUY. Pass it for now.

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 $422.71

1 Year Target Price $422.71

Analysts Price Target For last 52 week
$422.71 Target price
52w Low $251.35
Current$320.99
52w High $403.23

Analysis of Past Performance

Type Stock
Historic Profit 62.82%
Avg. Invested days 59
Today’s Advisory PASS
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 10/14/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 25.42B USD
Price to earnings Ratio 21.79
1Y Target Price 422.71
Price to earnings Ratio 21.79
1Y Target Price 422.71
Volume (30-day avg) 15
Beta 0.61
52 Weeks Range 251.35 - 403.23
Updated Date 10/14/2025
52 Weeks Range 251.35 - 403.23
Updated Date 10/14/2025
Dividends yield (FY) 0.38%
Basic EPS (TTM) 14.58

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.13%
Operating Margin (TTM) 11.81%

Management Effectiveness

Return on Assets (TTM) 7.72%
Return on Equity (TTM) 29.46%

Valuation

Trailing PE 21.79
Forward PE 21.79
Enterprise Value 28060904787
Price to Sales(TTM) 1.85
Enterprise Value 28060904787
Price to Sales(TTM) 1.85
Enterprise Value to Revenue 1.99
Enterprise Value to EBITDA 11.99
Shares Outstanding 80004103
Shares Floating 79456479
Shares Outstanding 80004103
Shares Floating 79456479
Percent Insiders 0.53
Percent Institutions 100.52

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 (LPL). It has evolved into one of the largest independent broker-dealer networks in the United States, supporting financial advisors with technology, clearing services, and research.

business area logo Core Business Areas

  • Independent Broker-Dealer: LPL provides a platform for independent financial advisors to offer brokerage and advisory services to their clients. This includes access to investment products, technology, and compliance support.
  • Registered Investment Advisor (RIA) Custody: LPL offers custody services for RIAs, allowing them to manage client assets while leveraging LPL's platform and resources.
  • Financial Planning: LPL provides financial planning tools and resources to advisors, enabling them to create comprehensive financial plans for their clients.

leadership logo Leadership and Structure

LPL is led by a CEO and a board of directors. The company is organized into various departments, including business development, technology, compliance, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Brokerage Services: LPL's core offering, facilitating trading in stocks, bonds, mutual funds, and other securities. Market share data is difficult to pinpoint exactly, but LPL is a major player in the independent broker-dealer space. Competitors include Raymond James, Ameriprise Financial, and Cetera Financial Group. Revenue generated in 2023 was ~$10.5B
  • Advisory Platforms: Fee-based advisory platforms that offer managed accounts and financial planning services. This segment is growing rapidly. Competitors include Envestnet and SEI Investments.
  • Retirement Plans: LPL provides retirement plan solutions to businesses and individuals, including 401(k) plans and IRAs. Competitors include Fidelity Investments and Vanguard.

Market Dynamics

industry overview logo Industry Overview

The financial advisory industry is characterized by increasing demand for personalized financial advice, technological innovation, and regulatory complexity.

Positioning

LPL is positioned as a leading independent broker-dealer and RIA custodian, offering a comprehensive platform for financial advisors.

Total Addressable Market (TAM)

The TAM for wealth management and financial advisory services is estimated to be in the trillions of dollars. LPL is positioned to capture a significant share of this market by supporting independent advisors.

Upturn SWOT Analysis

Strengths

  • Large network of independent financial advisors
  • Comprehensive technology platform
  • Strong brand recognition
  • Scalable business model

Weaknesses

  • Reliance on independent advisors can create compliance risks
  • Susceptible to market fluctuations
  • Dependence on commission and fee-based revenue
  • Complex regulatory environment

Opportunities

  • Increasing demand for financial advice
  • Consolidation in the independent broker-dealer space
  • Expansion into new markets
  • Development of new technology solutions

Threats

  • Competition from other broker-dealers and RIAs
  • Regulatory changes
  • Economic downturns
  • Cybersecurity threats

Competitors and Market Share

competitor logo Key Competitors

  • RJF
  • AMP
  • MODV

Competitive Landscape

LPL competes with other independent broker-dealers, RIAs, and wirehouse firms. LPL's strengths include its large network of advisors, comprehensive technology platform, and strong brand.

Major Acquisitions

Atria Wealth Solutions

  • Year: 2024
  • Acquisition Price (USD millions): 800
  • Strategic Rationale: Enhances LPLu2019s scale and adds experienced advisors to its network, accelerating growth and broadening its market presence.

Allen & Company

  • Year: 2024
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Allen & Companyu2019s experienced team will enhance and expand LPLu2019s capabilities and better support clients.

Crown Capital Securities, L.P.

  • Year: 2024
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Allows the firm to expand and grow its financial planning resources and expertise.

Growth Trajectory and Initiatives

Historical Growth: LPL has experienced significant growth in assets under management and advisor headcount over the past decade.

Future Projections: Analysts project continued growth for LPL, driven by organic growth and acquisitions.

Recent Initiatives: Recent initiatives include investments in technology, advisor recruiting, and strategic acquisitions.

Summary

LPL Financial is a strong company in a growing industry. Its large network of advisors and comprehensive platform are key strengths. Regulatory complexity and market volatility are potential challenges, but LPL is well-positioned for future growth due to an increase in acquisitions of small businesses.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • LPL Financial Investor Relations
  • SEC Filings
  • Analyst Reports
  • Company Press Releases

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market data and financial information are subject to change.

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 9389
Full time employees 9389

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.