LPLA

SAN DIEGO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Chris Stockton, CEPA, has joined LPL Financial's broker-dealer and Registered Investment Advisor (RIA) platform. Stockton reported serving approximately $160 million in advisory, brokerage and retirement plan assets* and joins LPL from Edward Jones.

SAN DIEGO, Aug. 12, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC  concluded Focus 2026, the firm's premier annual conference, by highlighting how its scale, research capabilities and integrated platform help its clients grow more efficiently while preserving the flexibility and personalized experience that define successful financial advisory businesses. The conference's closing sessions focused on how advisors are leveraging LPL's expanding technology, workflows and investment capabilities to grow faster, serve clients more comprehensively and build enduring businesses.

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SAN DIEGO, Aug. 12, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Matt Roberts, CFS, CAS, and Kent Voges have joined Frontline Investment Advisors, powered by 15 Wealth, affiliating through LPL Financial's broker-dealer and Registered Investment Advisor (RIA) platforms. Frontline Investment Advisors and 15 Wealth are existing firms supporting LPL-aligned advisors. Roberts and Voges reported serving approximately $350 million in advisory, brokerage and retirement plan assets* and join from Valic Financial Advisors, now Corebridge Financial.

SAN DIEGO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the financial advisors of Paxel Financial Consulting have joined LPL Financial's broker-dealer and Registered Investment Advisor (RIA) platform and will be leveraging Private Advisor Group's infrastructure for the next stage of their growth. Led by Founder Chin Po, CPA, the team reported serving approximately $300 million in advisory, brokerage and retirement plan assets* and joins LPL from Cetera.

SAN DIEGO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Don A. Harrell, CFP® of WestKai Private Wealth has joined LPL Financial's supported independence model, LPL Strategic Wealth. Harrell's team reported serving approximately $400 million in advisory, brokerage and retirement plan assets* and joins LPL from Morgan Stanley.

SAN DIEGO , Aug. 04, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that LPL Research has launched a new suite of Building Block Model Portfolios, expanding its model portfolio platform to more than 70 offerings. Designed to provide advisors with greater flexibility in portfolio construction, the new models can be combined to create customized investment solutions tailored to a broad range of client objectives.

LPLA's Q2 results benefit from strong revenue and advisory asset growth while boosting its buyback authorization. Yet, higher expenses partly offset the gains.

LPL Financial Holdings Inc. (LPLA) Q2 2026 Earnings Call Transcript

Key Financial Results Net income was $379 million , translating to diluted earnings per share ("EPS") of $4.74 , up 39% from a year ago Adjusted EPS* increased 29% year-over-year to $5.84 Gross profit* increased 24% year-over-year to $1,618 million Core G&A* increased 22% year-over-year to $519 million Adjusted pre-tax income* increased 30% year-over-year to $635 million Key Business Results Total client assets increased 34% year-over-year to $2.6 trillion Advisory assets increased 46% year-over-year to $1.5 trillion Advisory assets as a percentage of total client assets increased to 60.4%, up from 55.3% a year ago Total organic net new assets were $23 billion , representing 4% annualized growth Recruited assets ( 1 ) were $25 billion, up 35% from a year ago Recruited assets over the trailing twelve months were $89 billion Total client cash balances were $57 billion , a decrease of $2 billion sequentially and an increase of $6 billion year-over-year Client cash balances as a percentage of total client assets were 2.2%, down from 2.5% in the prior quarter and 2.6% in the prior year Key Capital and Liquidity Measures Corporate cash ( 2 ) was $430 million Leverage ratio ( 3 ) was 1.91x Share repurchases were $309 million and dividends paid were $24 million Key Updates M&A: Commonwealth Financial Network ("Commonwealth"): On track to complete the conversion in the fourth quarter of 2026 Continue to expect asset retention of approximately 90% Estimated run-rate EBITDA has increased from $410 million to $435 million Mariner Advisor Network: Closed on the acquisition of Mariner Advisor Network, an LPL branch office supporting 367† advisors who collectively manage $31 billion† of client assets As part of this transaction, approximately 223 advisors remain directly affiliated with LPL, and approximately 144 hybrid advisors have transitioned to Private Advisor Group's hybrid RIA model Liquidity & Succession: Deployed approximately $21 million of capital to close four deals in Q2, including one external practice Core G&A: Given our performance to date, we are lowering our 2026 Core G&A* outlook range to $2,140-2,165 million, including expenses related to Commonwealth Capital Management: Share Repurchases: Resumed our share repurchase program, with $309 million repurchased during the second quarter and approximately $300 million planned for the third quarter Repurchase Authorization: On July 23, 2026, the Board approved a $2.5 billion increase to the Company's share repurchase authorization Dividend: The Company's Board of Directors declared a $0.30 per share dividend to be paid on August 28, 2026 to all stockholders of record as of August 14, 2026. SAN DIEGO, July 30, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the "Company") today announced results for its second quarter ended June 30, 2026, reporting net income of $379 million, or $4.74 per share.