LPL Financial Holdings D
D
LPLA
354.18
USD
-6.32
(-1.75%)
Market Closed
Volume
41,733
EPS
27
Div Yield
0.33
P/E
32
Market Cap
27,888,944,272
Title: LPL Financial Holdings
Sector: Financial Services
Industry: Capital Markets
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 platformat 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.