LPL Financial sees $1.7T assets with 17% organic growth

LPL Financial sees $1.7T assets with 17% organic growth in Q4 2024
Q4 2024 Management View CEO Rich Steinmeier highlighted industry-leading organic asset growth of 10% for 2024, supported by onboarding major institutional partners like Prudential Advisors and setting recruiting records in both independent advisor and institutional channels.
Fueled by deals, LPL's net new assets, headcount surge in Q4
The addition of Prudential Financial and Atria Wealth Solutions helped boost LPL's advisor headcount to a record of nearly 29,000 by the end of last year.
LPL Financial (LPLA) Receives a Buy from KBW
KBW analyst Kyle Voigt maintained a Buy rating on LPL Financial (LPLA – Research Report) today and set a price target of $405.00. The company’s
LPL Financial Holdings Inc. (LPLA) Q4 2024 Earnings Call Transcript
LPL Financial Holdings Inc. ( NASDAQ: LPLA) Q4 2024 Earnings Conference Call January 30, 2025 5:00 PM ET Rich Steinmeier - Chief Executive Officer Matt Audette - President and Chief Financial Officer
LPL Financial (LPLA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
LPL Financial Holdings Inc. (LPLA) reported $3.51 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 32.9%. EPS of $4.25 for the same period compares to $3.
Analysts Offer Insights on Financial Companies: LPL Financial (LPLA), Nu Holdings (NU) and Flagstar Financial (FLG)
There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on LPL Financial (LPLA – Research Report), Nu
LPL Earnings Beat Estimates as Advisor Head Count and Expenses Rise
LPL Financial handily beat Wall Street expectations with its fourth quarter report Thursday evening. The financial services ...
LPL Financial price target raised to $436 from $428 at TD Cowen
TD Cowen raised the firm’s price target on LPL Financial (LPLA) to $436 from $428 and keeps a Buy rating on the shares. The firm raised its ...
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Acquisitions Fuel LPL Q4 Recruiting Results
Despite advisor movement remaining below historical norms, LPL is growing its win rate in the recruiting game, said CEO Rich ...
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LPL Beats Earnings Forecasts For Fourth Straight Quarter
For the fourth consecutive quarter, LPL Financial Holdings beat analysts’ earnings estimates.
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LPL, Raymond James report strong growth in last three months of 2024
Two major broker-dealer firms have reported their financial results for the last three months of 2024, with strong growth reported. The period ended December 31, 2024, was the fourth quarter of LPL ...
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B/D, Advisor Advocate Coalition to Push Congress To Reform Pass-Through Tax Deduction
Two advocacy groups and a number of broker/dealers formed a coalition seeking Congress to expand the Section 199A ...
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Wells Fargo, Merrill Lynch, LPL settle SEC charges
Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...
LPL Financial Welcomes Bruen Wealth Management
LLC (Nasdaq:LPLA) announced today that father and son financial advisors William “Bill” Bruen, Jr., and Andrew Bruen have joined LPL Financial’s broker-dealer, aligned with existing firm Paradigm ...
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$1B California Team Jumps From Osaic to LPL
Salient Wealth Planning Group is the latest advisory team to leave Osaic after the integration of its broker/dealer entities.