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.
Q4 2024 LPL Financial Holdings Inc Earnings Call
Michael Cyprys; Analyst; Morgan Stanley & Co. LLC Jeff Schmitt; Analyst; William Blair & Co LLC
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.
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 Steinmeier.
Multiple Tailwinds Boosted LPL Financial Holdings (LPLA) in Q4
Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Mid Cap Growth Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. Mid-cap stocks experienced mixed results in the fourth quarter after reporting positive gains in the previous quarter.
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 Holdings Inc. Q4 Profit Increases, Beats Estimates
LPL Financial Holdings Inc. (LPLA) released earnings for its fourth quarter that increased from the same period last year and beat
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.
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 ...
Financial Advisor2h
LPL Beats Earnings Forecasts For Fourth Straight Quarter
For the fourth consecutive quarter, LPL Financial Holdings beat analysts’ earnings estimates.
InvestmentNews7h
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 ...
LPL Financial price target raised to $405 from $390 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on LPL Financial (LPLA) to $405 from $390 and keeps an Outperform rating on the shares.Invest ...
Financial Advisor IQ3h
LPL's Atria, Prudential Deals Fueled 27% Boost in FA Ranks
LPL Financial's major acquisitions produced a sizable boost in the firm's advisor force and assets during the fourth quarter of 2024, though the firm's net income slipped on a year-over-year basis.
InvestmentNews2d
$1B Salient Wealth Planning Group joins LPL from Osaic
The broker-dealer titan is expanding its footprint in the West Coast with a veteran-founded high-net-worth practice.
LPL Financial Welcomes Bruen Wealth Management
Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. LPL Financial and its affiliated companies provide financial ...