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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.35
LPLA's Cash-to-Debt is ranked lower than
91% of the 706 Companies
in the Global Capital Markets industry.

( Industry Median: 9999.00 vs. LPLA: 0.35 )
Ranked among companies with meaningful Cash-to-Debt only.
LPLA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13  Med: 0.32 Max: N/A
Current: 0.35
Equity-to-Asset 0.18
LPLA's Equity-to-Asset is ranked lower than
83% of the 658 Companies
in the Global Capital Markets industry.

( Industry Median: 0.54 vs. LPLA: 0.18 )
Ranked among companies with meaningful Equity-to-Asset only.
LPLA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16  Med: 0.26 Max: 0.36
Current: 0.18
0.16
0.36
Interest Coverage 3.47
LPLA's Interest Coverage is ranked lower than
80% of the 572 Companies
in the Global Capital Markets industry.

( Industry Median: 132.47 vs. LPLA: 3.47 )
Ranked among companies with meaningful Interest Coverage only.
LPLA' s Interest Coverage Range Over the Past 10 Years
Min: 0.72  Med: 4.11 Max: 5.82
Current: 3.47
0.72
5.82
Beneish M-Score: -2.50
WACC vs ROIC
11.05%
9.55%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % 8.35
LPLA's Operating Margin % is ranked lower than
57% of the 689 Companies
in the Global Capital Markets industry.

( Industry Median: 14.06 vs. LPLA: 8.35 )
Ranked among companies with meaningful Operating Margin % only.
LPLA' s Operating Margin % Range Over the Past 10 Years
Min: -1.68  Med: 6.81 Max: 8.35
Current: 8.35
-1.68
8.35
Net Margin % 4.74
LPLA's Net Margin % is ranked lower than
59% of the 690 Companies
in the Global Capital Markets industry.

( Industry Median: 10.13 vs. LPLA: 4.74 )
Ranked among companies with meaningful Net Margin % only.
LPLA' s Net Margin % Range Over the Past 10 Years
Min: -1.88  Med: 4.06 Max: 5
Current: 4.74
-1.88
5
ROE % 23.96
LPLA's ROE % is ranked higher than
90% of the 697 Companies
in the Global Capital Markets industry.

( Industry Median: 4.37 vs. LPLA: 23.96 )
Ranked among companies with meaningful ROE % only.
LPLA' s ROE % Range Over the Past 10 Years
Min: -5.62  Med: 12.88 Max: 24.98
Current: 23.96
-5.62
24.98
ROA % 4.06
LPLA's ROA % is ranked higher than
71% of the 712 Companies
in the Global Capital Markets industry.

( Industry Median: 1.48 vs. LPLA: 4.06 )
Ranked among companies with meaningful ROA % only.
LPLA' s ROA % Range Over the Past 10 Years
Min: -1.63  Med: 3.92 Max: 4.57
Current: 4.06
-1.63
4.57
3-Year Revenue Growth Rate 4.40
LPLA's 3-Year Revenue Growth Rate is ranked lower than
51% of the 540 Companies
in the Global Capital Markets industry.

( Industry Median: 5.00 vs. LPLA: 4.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
LPLA' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 11.8
Current: 4.4
0
11.8
3-Year EBITDA Growth Rate 8.20
LPLA's 3-Year EBITDA Growth Rate is ranked lower than
51% of the 417 Companies
in the Global Capital Markets industry.

( Industry Median: 8.70 vs. LPLA: 8.20 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
LPLA' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 109.4
Current: 8.2
0
109.4
3-Year EPS without NRI Growth Rate 7.40
LPLA's 3-Year EPS without NRI Growth Rate is ranked higher than
51% of the 408 Companies
in the Global Capital Markets industry.

( Industry Median: 7.00 vs. LPLA: 7.40 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
LPLA' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 8.3
Current: 7.4
0
8.3
GuruFocus has detected 5 Warning Signs with LPL Financial Holdings Inc $LPLA.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» LPLA's 30-Y Financials

Financials (Next Earnings Date: 2017-07-27 Est.)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

LPLA Guru Trades in Q2 2016

Steven Romick 4,165,970 sh (New)
Joel Greenblatt 13,328 sh (+3.76%)
Paul Tudor Jones Sold Out
David Dreman Sold Out
First Pacific Advisors 4,565,570 sh (-6.21%)
» More
Q3 2016

LPLA Guru Trades in Q3 2016

First Pacific Advisors 4,565,690 sh (unchged)
Steven Romick 4,165,970 sh (unchged)
Joel Greenblatt 9,512 sh (-28.63%)
» More
Q4 2016

LPLA Guru Trades in Q4 2016

Paul Tudor Jones 17,899 sh (New)
First Pacific Advisors 4,586,490 sh (+0.46%)
Steven Romick 4,165,970 sh (unchged)
Joel Greenblatt 6,274 sh (-34.04%)
» More
Q1 2017

LPLA Guru Trades in Q1 2017

Steven Cohen 1,174,104 sh (New)
Lee Ainslie 71,650 sh (New)
Steven Romick 4,165,970 sh (unchged)
Paul Tudor Jones Sold Out
Joel Greenblatt Sold Out
First Pacific Advisors 4,572,670 sh (-0.30%)
» More
» Details

Insider Trades

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Business Description

Industry: Brokers & Exchanges » Capital Markets    NAICS: 523110    SIC: 6211
Compare:NAS:BGCP, OTCPK:NXGRF, NYSE:SF, NYSE:EVR, OTCPK:PIEJF, NYSE:FSIC, NAS:VIRT, NYSE:HLI, NYSE:LAZ, NYSE:ENV, NYSE:KCG, NAS:HLNE, NYSE:FDS, NYSE:DFIN, NAS:YIN, NYSE:PJT, OTCPK:MNXBY, NYSE:ITG, NAS:INTL, NYSE:GHL » details
Traded in other countries:7LI.Germany,
Headquarter Location:USA
LPL Financial Holdings Inc along with its subsidiaries provides brokerage and investment advisory services to independent and institutional financial advisors.

LPL Financial Holdings is a broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisor services to financial advisors and institutions. The company also provides financial advisors licensed with insurance companies with customized clearing services, advisory platforms, and technology solutions. LPL provides a range of services through its subsidiaries. The Private Trust Company supplies trust administration, investment management oversight and custodial services for estates and families; Independent Advisers Group Corporation offers investment advisory solutions to insurance companies; and LPL Insurance Associates operates as a brokerage general agency that offers life, long-term care, and disability insurance sales and services.

Top Ranked Articles about LPL Financial Holdings Inc

LPL Financial Provides Update on First Quarter 2017 Advisor Recruiting
LPL Financial Welcomes Long Island-Based Firm The Choice Group Wealth Management
LPL Financial Files Definitive Proxy Materials, Announces Nomination of William Glavin as New Independent Director
LPL Financial Announces First Quarter 2017 Earnings Release Date and Conference Call
LPL Financial Reports Monthly Activity for February 2017

SAN DIEGO, March 16, 2017 (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today released its monthly activity report for February 2017. Total brokerage and advisory assets served at the end of February were approximately $528 billion, a 2.1 percent increase compared to the end of January 2017.  Total client cash sweep balances at the end of February were $29.6 billion, a 1.3 percent decrease compared to January 2017. (End of Period $ in billions, unless noted)FebruaryJanuary%20172017ChangeAssets Served   Brokerage Assets304.8300.41.5%Advisory Assets222.7216.33.0%Total Brokerage and Advisory Assets 527.5 516.7 2.1%    Insured Cash Account Balances21.722.0-1.4%Deposit Cash Account Balances4.14.10.0%Money Market Account Cash Balances3.83.9-2.6%Total Cash Sweep Balances29.6 30.0 -1.3%    Market Indices   S&P 500 (end of period)2,3642,2793.7%Fed Funds Effective Rate (average bps)6666n/m
For additional information regarding these and other LPL Financial business metrics, please refer to the company’s most recent earnings release, which is available in the Press Releases section of investor.lpl.com
  
About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $528 billion in advisory and brokerage assets as of February 28, 2017. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 financial institutions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $127 billion in retirement plan assets, as of December 31, 2016. LPL also supports approximately 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com. Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.
Investor Relations – Chris Koegel, (617) 897-4574
Media Relations – Jeff Mochal, (704) 733-3589
investor.lpl.com/contactus.cfm

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LPL Financial Holdings Inc. (Nasdaq: LPLA) to Ring The Nasdaq Stock Market Closing Bell

ADVISORY, March 14, 2017 (GLOBE NEWSWIRE) --
What: 
LPL Financial Holdings Inc. (NASDAQ:LPLA), a leader in the retail financial advice market, and Private Advisor Group, the largest branch office, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Pat Sullivan and John Hyland, will ring the Closing Bell.  Where:
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When:
Wednesday, March 15, 2017 – 3:45 p.m. to 4:00 p.m. ET LPL Financial Contact:
Abby Salameh
973-867-1354
[email protected] Nasdaq MarketSite:
Emily Pan
(646) 441-5120
[email protected] Feed Information:
Fiber Line (Encompass Waterfront): 4463 Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
FEC 3/4
SR 13.235
DR 18.295411
MOD 4:2:0
DVBS QPSK Social Media:
For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies, please visit our Facebook page:
http://www.facebook.com/NASDAQ. For photos from ceremonies and events, please visit our Instagram page:
http://instagram.com/nasdaq For livestream of ceremonies and events, please visit our YouTube page:
http://www.youtube.com/nasdaq/live For news tweets, please visit our Twitter page:
http://twitter.com/nasdaq For exciting viral content and ceremony photos, please visit our Tumblr page:
http://nasdaq.tumblr.com/ Webcast:
A live stream of the Nasdaq Closing Bell will be available at:
https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx Photos:
To obtain a hi-resolution photograph of the Market Close, please go to http://business.nasdaq.com/discover/market-bell-ceremonies and click on the market close of your choice. About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $517 billion in advisory and brokerage assets as of January 31, 2017. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 financial institutions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $127 billion in retirement plan assets, as of December 31, 2016. LPL also supports approximately 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com. About Nasdaq
Nasdaq (NASDAQ:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com. -NDAQA-


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LPL Financial Announces Completion of Leverage-Neutral Debt Refinancing
SAN DIEGO, March 10, 2017 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ:LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc. (“LPL Holdings”), has completed its previously announced leverage-neutral debt refinancing transactions. LPL Holdings today closed the refinancing of its existing senior secured credit facilities with a new seven year Term Loan B in an aggregate principal amount of $1,700 million and a five year revolving credit facility in an aggregate principal amount of $500 million, which was undrawn at closing.  LPL Holdings used the proceeds of the new Term Loan B, together with the proceeds from the offering of $500 million aggregate principal amount of 5.750% senior notes and cash from its balance sheet, to repay its existing senior secured credit facilities and to pay accrued interest and related fees and expenses. LPL Holdings’ new total debt facilities are summarized in the following table:Credit FacilitiesOutstanding Principal Amount
(dollars in thousands)Current Applicable Margin  MaturityRevolving Credit Facility Loans(a)$—LIBOR 200 bps(d)  3/10/2022Senior Secured Term Loan B(b) 1,700,000LIBOR 250 bps(d)  3/10/2024Senior Unsecured Notes(c) 500,0005.750% Fixed  9/15/2025Total$  2,200,000    (a) The Revolving Credit Facility has a borrowing capacity of $500 million, and was undrawn at closing.  Loans, if any, will bear interest at a floating rate, which in the case of LIBOR loans will be LIBOR plus 150-200 basis points per annum, depending on the secured net leverage ratio of LPL Holdings and its restricted subsidiaries. 
(b) The Term Loan B Credit Facility was issued with 25 basis points of original issue discount and has no leverage or interest coverage maintenance covenants. 
(c) The Senior Notes had no original issue discount, and have no leverage or interest coverage maintenance covenants.
(d) The LIBOR rate option is one-, two-, three- or six-month LIBOR rate, as selected by LPL Holdings, or, with the approval of the applicable lenders, twelve month LIBOR rate or the LIBOR rate for another period acceptable to the Administrative Agent (including a shorter period).  The LIBOR rate is subject to an interest rate floor of 0 basis points.
LPL Holdings incurred approximately $19 million of debt issuance costs, including original issuance discount on the Term Loan B credit facility. Substantially all of the debt issuance costs are expected to be capitalized and amortized over the life of the debt.The new senior secured credit facilities were managed by an arranger group of nine banks led by J.P. Morgan Securities LLC.Forward-Looking StatementsStatements in this press release regarding the future amortization of debt issuance costs, as well as any other statements that are not related to present facts or current conditions or that are not purely historical, constitute forward-looking statements. These forward-looking statements are based on the LPL Holdings’ historical performance and its plans, estimates, and expectations as of March 10, 2017. The words “expects” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are not guarantees that the future results, plans, intentions, or expectations expressed or implied will be achieved. Matters subject to forward-looking statements involve known and unknown risks and uncertainties, including economic, legislative, regulatory, competitive, and other factors, which may cause actual results, or the timing of events, to be materially different than those expressed or implied by forward-looking statements. Important factors that could cause or contribute to such differences include the amount of debt issuance costs. Forward-looking statements in this press release should be evaluated together with the risks and uncertainties that affect the business of LPL Financial Holdings Inc. (together with its subsidiaries, the “Company”), including the risk factors set forth in Part I, “Item 1A. Risk Factors” in the Company's 2016 Annual Report on Form 10-K, as may be amended or updated in the Company's Quarterly Reports on Form 10-Q or subsequent filings with the SEC. Except as required by law, the Company specifically disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release, even if its estimates change, and you should not rely on statements contained herein as representing the Company's views as of any date subsequent to the date of this press release.About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $517 billion in advisory and brokerage assets as of January 31, 2017. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 financial institutions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $127 billion in retirement plan assets, as of December 31, 2016. LPL also supports approximately 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego.Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.
Investor Relations - Chris Koegel, (617) 897-4574
Media Relations - Jeff Mochal, (704) 733-3589

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LPL Financial Announces Pricing of Senior Secured Credit Facilities

SAN DIEGO, March 08, 2017 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ:LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc. ("LPL Holdings") has secured commitments to refinance its existing senior secured credit facilities with a new seven year Term Loan B in an aggregate principal amount of $1,700 million and a five year revolving credit facility in an aggregate principal amount of $500 million, which will be undrawn at closing.  The new Term Loan B will be issued with 25 basis points of original issue discount and will bear interest at a floating rate, which in the case of LIBOR loans will be LIBOR plus 2.50% per annum.  The new Term Loan B will not be subject to a leverage or interest coverage maintenance covenant.  Loans, if any, under the new revolving credit facility will bear interest at a floating rate, which in the case of LIBOR loans will be LIBOR plus 1.50-2.00% per annum depending on the secured net leverage ratio of LPL Holdings and its restricted subsidiaries.  As previously announced, the Company intends to use the proceeds of the new Term Loan B, together with the proceeds from the offering of $500 million aggregate principal amount of 5.750% senior notes and cash from its balance sheet, to repay its existing senior secured credit facilities and to pay accrued interest and related fees and expenses.  As of December 31, 2016, the Company had $24.3 million of unamortized debt issuance costs and it expects to recognize all or substantially all of these costs as a loss on extinguishment of debt in the first quarter of 2017. The leverage-neutral refinancing of the senior secured credit facilities and the notes offering are expected to close on March 10, 2017, subject to customary closing conditions.  Forward-Looking Statements Statements in this press release regarding the closing of the refinancing transactions, as well as any other statements that are not related to present facts or current conditions or that are not purely historical, constitute forward-looking statements. These forward-looking statements are based on the LPL Holdings’ historical performance and its plans, estimates, and expectations as of March 8, 2017. The words “plans”, “intends”, and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are not guarantees that the future results, plans, intentions, or expectations expressed or implied will be achieved. Matters subject to forward-looking statements involve known and unknown risks and uncertainties, including economic, legislative, regulatory, competitive, and other factors, which may cause actual results, or the timing of events, to be materially different than those expressed or implied by forward-looking statements. Important factors that could cause or contribute to such differences include: the satisfaction of closing conditions related to the proposed transactions. LPL Financial Holdings Inc. can give no assurance that the transactions will be completed. Forward-looking statements in this press release should be evaluated together with the risks and uncertainties that affect the business of LPL Financial Holdings Inc. (together with its subsidiaries, the “Company”), including the risk factors set forth in Part I, “Item 1A. Risk Factors” in the Company's 2016 Annual Report on Form 10-K, as may be amended or updated in the Company's Quarterly Reports on Form 10-Q or subsequent filings with the SEC. Except as required by law, the Company specifically disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release, even if its estimates change, and you should not rely on statements contained herein as representing the Company's views as of any date subsequent to the date of this press release. About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $517 billion in advisory and brokerage assets as of January 31, 2017. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 financial institutions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $127 billion in retirement plan assets, as of December 31, 2016. LPL also supports approximately 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.
Investor Relations - Chris Koegel, (617) 897-4574
Media Relations - Jeff Mochal, (704) 733-3589

Read more...
LPL Financial Announces Pricing of Offering of Senior Notes

SAN DIEGO, March 03, 2017 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ:LPLA) today announced the pricing of the offering of $500,000,000 aggregate principal amount of senior notes to be issued by its wholly owned subsidiary, LPL Holdings, Inc. (“LPL Holdings”). The notes are being offered as part of the previously announced leverage-neutral refinancing of LPL Holdings’ capital structure.  LPL Holdings intends to use the net proceeds from the offering of the notes, together with a new term B loan and cash from its balance sheet, to repay LPL Holdings’ existing senior secured credit facilities and to pay accrued interest and related fees and expenses.
The notes will bear interest at a rate of 5.750% to be paid semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2017. The notes were priced at 100% of the aggregate principal amount. The notes will mature on September 15, 2025. The issuance of the senior notes is expected to occur on March 10, 2017, concurrently with the expected closing of the new senior secured credit facilities, subject to customary closing conditions.  This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes.   The notes have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933. The notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933 and outside the United States only to non-U.S. investors pursuant to Regulation S. Forward-Looking Statements
Statements in this press release regarding LPL Holdings’ plans to enter into a new credit agreement amendment and issue senior notes, including the anticipated use of the proceeds therefrom and the anticipated sizes of the new senior secured credit facilities and senior notes offering, as well as any other statements that are not related to present facts or current conditions or that are not purely historical, constitute forward-looking statements. These forward-looking statements are based on the Company's historical performance and its plans, estimates, and expectations as of March 3, 2017. The words “plans”, “intends”, and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are not guarantees that the future results, plans, intentions, or expectations expressed or implied will be achieved. Matters subject to forward-looking statements involve known and unknown risks and uncertainties, including economic, legislative, regulatory, competitive, and other factors, which may cause actual results, or the timing of events, to be materially different than those expressed or implied by forward-looking statements. Important factors that could cause or contribute to such differences include: the market conditions, which will affect whether LPL Holdings will be able to enter into a credit agreement amendment on the anticipated terms, or at all or issue the senior notes; finalization of the terms of the credit agreement amendment; and satisfaction of closing conditions related to the proposed transactions. LPL Financial Holdings Inc. can give no assurance that the credit agreement amendment will be completed or that the senior notes will be issued. Forward-looking statements in this press release should be evaluated together with the risks and uncertainties that affect the business of LPL Financial Holdings Inc. (together with its subsidiaries, the “Company”), including the risk factors set forth in Part I, “Item 1A. Risk Factors” in the Company's 2016 Annual Report on Form 10-K, as may be amended or updated in the Company's Quarterly Reports on Form 10-Q or subsequent filings with the SEC. Except as required by law, the Company specifically disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release, even if its estimates change, and you should not rely on statements contained herein as representing the Company's views as of any date subsequent to the date of this press release. About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $517 billion in advisory and brokerage assets as of January 31, 2017. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 financial institutions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $127 billion in retirement plan assets, as of December 31, 2016. LPL also supports approximately 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.  

Investor Relations - Chris Koegel, (617) 897-4574
Media Relations - Jeff Mochal, (704) 733-3589


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LPL Financial Provides Update on Fourth Quarter 2016 Advisor Recruiting

CHARLOTTE, N.C., March 01, 2017 (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today provided an update on financial advisors who chose to affiliate with the firm in the fourth quarter of 2016.
Select new advisors, their approximate respective assets served* as of a recent date prior to joining LPL and their (former firm) include: $100M Integrated Financial Partners, Waltham, Mass. (Lincoln Financial Advisors), including Michael Aaronson, Susan Ahern-Wiercinsk, Chris Aldrich, Jennifer Anderson, Jeffrey Armstrong, Alfred Baxter, Catherine Bearce, Warren Beckman, James Biggins, Patrice Borghese, Sean Boylan, John Burke, Brad Capland, Timothy Carlson, Christopher Cavallaro, Mark Cavasino, Jameile Cawley, Leona Chan, Derek Chesley, Judith Chimenti, Felix Cincotta, Matthew Clason, Nicholas Colantuono, Stephen Colantuono, Jeffrey Cowling, Paul Culler, Ryan Damaso, Rajiv Dayal, Leal Deddens, Arthur Dedominicis, Timothy Demeritt, Richard Digennaro, Christopher Ferretti, Mark Fitzpatrick, Christopher Fletcher, Gregory Freeman, John Frongillo Jr., Peter Gaines, Howard Gerrin, Daniel Gilliland, Robert Grenus, David Grimaldi, Edwin Griswold Jr., John Harrington, Bradley Howe, Gulsanga Jalawan, Stephen Joyner, Mark Karnes, Howard Karp, Richard Kart, Andrew Kern, Cassidy King, Paul Koenig, John Kostukovich, Van Leichter, Lance Leimberg, Jeffrey Levine, Albert Li, James Littleton, Raymond Lucas, Phillip Masi, Kathleen McCullough, Kevin McGrady,  Peter McMahon, Don Meredith, Christopher Michalman, Nishan Mootafian, Marco Moretti, William Mulcahy, Timothy Murphy, Matthew Neville, Rodney Nielsen, Steven Nowicki, Richard Osman, Amy Oviedo, Clark Page, Kevin Palmieri, Stephen Parker, Anthony Pasqua, Heidi Patterson, Fernando Perez, Joseph Quinn Jr., Robert Rebussini, Robert Rice, Kenneth Richardson Jr., Andrew Ross, Joseph Sabelli, Peter Salkins, Nelson Santos, Erik Scudder, Ronald Smith, William Smith, John Smoot, Joshua Stark, Richard Stark, Dexter Stevens, Bradley Stewart, Johnathan Sudkin, Joseph Sullivan Jr., Deborah Telles, John Ulwick, David Verno, Robert Violet, Jeremy White, Shawn Wilson, Cheryl Witman and Joseph ZophinJohn Adcock, Shawn Johnson, Joshua Miller, John Mitsos, Joseph Pantoja, Christian Pearson, Andrew Rickard, Mark Spring, Kenneth Thomalla, Jeffrey Wherry and Kevin Zduriencik, New Castle, Pa. (MML Investors Services LLC)Kyle Arcand and Charlene Gregory, Chesapeake, Va. (MetLife Securities, Inc.)Barbara Barrett, Scott Barstad, Lynn Caraveau, Brian Connors, Marni Cowan, Kyle Geffre, Wesley Golie, Daniel Hancock, Bruce Haswell, J. Heizer, Jonathan Herz, David Kling, Randy Koliha, Carina Lange, Robert Leibrich, Steven Liebzeit, Jason Monroe, Chris Morin, James Morrison, Jack Murray, Molly Nelson, Randall Porter, Shawn Porter, David Rensvold, Kelsey Schmidt, Devin Scott, Mary Scott-Ehresmann, Daniel Shervin, Sarah Siderius, Matthew Sleep, Patricia Smith, Christine Stack, Linda Thompson, Robert Tooke, Evad Vanspoore, Lisa Vnoucek, Joanne Wenberg, John Williams, Robert Wilson and Cathleen Woody, Billings, Mont. (Cetera Investment Services LLC)Thomas Borsellino, Orland Park, Ill. (MetLife Securities, Inc.)Scott Bremus, Eric Hollifield and Jeffrey Kirkpatrick, Dacula, Ga. (Sterne Agree Financial Services, Inc.)Alexander Brueske, Scott Brueske and Spencer Brueske, Bellevue, Wash. (Waddell & Reed, Inc.)Jack Buckley, Lake Elmo, Minn. (Commonwealth Financial Network)Jayson Capling and Robert Roar Jr., Grayson, Ky. (U.S. Bancorp Investments, Inc.)Jay Champlain and Job Eagleson, Los Angeles (Ameriprise Financial Services, Inc.)Colin Cissne and Stephen Cissne, King of Prussia, Pa. (Janney Montgomery Scott LLC)Kelly Crane and Earl Knecht, St. Helena, Calif. (Cetera Advisors Networks LLC)Travis Dauchy, Irvine, Calif. (USAA Financial Advisors, Inc.)John Davis and Darla Greer, Gainesville, Fla. (Cetera Advisors LLC)Eric Eaton and Brandan Teague, Tampa, Fla. (Princor Financial Services Corporation)Scott Ellingson and James Lowe, Lake Elmo, Minn. (Commonwealth Financial Network)Brian Fee, Charles McGue and Scott Milstein, Fort Washington, Pa. (CUSO Financial Services)David Fowler, Charles Helm, Edward Herrera and Diane Whitt, Palm Coast, Fla. (Voya Financial Advisors, Inc.)Kathleen Graham and Andrew Wyble, San Antonio (Wells Fargo Advisors LLC)Curtis Green, Rancho Mirage, Calif. (Edward Jones)Steve Hacker, Brian Menickella and Mark Schatzel, King of Prussia, Pa. (TFS Securities, Inc.)Timothy Hammond, Scottsdale, Ariz. (USAA Financial Advisors, Inc.)Brandy Harrington, Downers Grove, Ill. (Trust Company of Illinois)Antoine Haynes, Brian Nguyen and Matthew Weaver, Fremont, Calif. (Sorrento Pacific Financial LLC)Michael Hollinger, Denver (Fidelity Brokerage Services LLC)Paul Kupchok, Hawthorne, N.Y. (MML Investors Services LLC)Dennis Laird, Donald Lundy and John Pfaudler, Vestavia Hills, Ala. (Amerprise Financial Services, Inc.)Christina Madson, Jason Priebe and Rodney Priebe, Maple Grove, Minn. (Waddell & Reed, Inc.)Stephen Magana, Bloomingdale, Ill. (J.P. Morgan Securities LLC)Thomas Markell, Mentor, Ohio (Wells Fargo Advisors LLC)Phil Matheson, Irvine, Calif. (NFP Securities, Inc.)Kyle Matkaitis, Highland, Ind. (Fidelity Brokerage Services LLC)Herbert Moody Jr., Charlotte, N.C. (Capital Guardian LLC)Mark Morgan, Lebanon, Ohio (Money Concepts Capital Corp)Anthony O’Connor and Leo O’Connor, Binghamton, N.Y. (Lincoln Investment Planning LLC)James Petitpren, Chicago (BMO Harris Financial Advisors, Inc.)    $50M-$99M Naser Alzer, Cedar Park, Texas (Capital One Securities, Inc.)Joshua Anglin and Thomas Compernolle, Independence, Ohio (Ameriprise Financial Services, Inc.)Brent Barth and William Morrison, Williamsburg, Va. (Voya Financial Advisors, Inc.)Amal Benbrahim, Whitestone, N.Y. (Wells Fargo Advisors LLC)Bradley Bowman, Sugar Land, Texas (Cetera Advisors LLC)Matthew Bryant and Thomas Bryant, Modesto, Calif. (Wells Fargo Advisors LLC)Scott Burns, Monroe, Mich. (Fifth Third Securities, Inc.)Michael Conaty, Knoxville, Tenn. (FTB Advisors, Inc.)Bruce Cote, Pine Plans, N.Y. (M&T Securities, Inc.)Samantha Minh Dinh, Almeda, Calif. (Edward Jones)Terrance Donoghue, Wilmington, N.C. (INVEST Financial Corporation)Robert Eddins, Knoxville, Tenn. (FTB Advisors, Inc.)Jomar Fernandez, Edison, N.J. (PNC Investments)Joseph Franklin and Sean Franklin, Purchase, N.Y. (NYLIFE Securities LLC)Jennifer Go, Temecula, Calif. (Edward Jones)Jason Gonter and Michelle Nocito, Gibbsboro, N.J. (Ameriprise Financial Services, Inc.)Quincy Goundeau, The Woodlands, Texas (J.P. Morgan Securities LLC)David Graham and Sibyl Samuel, Greenwood Village, Colo. (Key Investment Services LLC)Karl Graham, Houston (J.P. Morgan Securities LLC)Wayne Greenough, Charlotte, N.C. (MetLife Securities, Inc.)Bruce Hesse, Flemington, N.J. (1st Global Capital Corp.)Ryan Higgins, San Ramon, Calif. (Edward Jones)Brian Hoffman, Bedminster, N.J. (PNC Investments)Kyle Johnston, Seattle (Northwestern Mutual Investment Services LLC)James Jones and Steven Smetana, Akron, Ohio (Ameriprise Financial Services, Inc.)David La Rue, Paso Robles, Calif. (Edward Jones)Steven Landwersiek, Stuart, Fla. (Ameriprise Financial Services, Inc.)Jeffrey Lavezzi and Matthew Wahlman, Tukwila, Wash. (Robert W. Baird & Co., Inc.)Michael Lenahan, Monroe, N.C. (SunTrust Investment Services, Inc.)Robert Lenertz, The Woodlands, Texas (J.P. Morgan Securities LLC)Stephen Levin and Marco Lopez, Dallas (Berthel, Fisher & Company Financial Services, Inc.)Garth Lurvey, Longwood, Fla. (SunTrust Investment Services, Inc.)Thomas McHugh Jr., King of Prussia, Pa. (Logan Capital Management, Inc.)Taysha Patterson, Fisherville, Va. (Edward Jones)Jonathan Peyton, Ashburn, Va. (USAA Financial Advisors, Inc.)Victor Raigoza, Albuquerque, N.M. (Edward Jones)Carla Reilly, Orland Park, Ill. (U.S. Bancorp Investments, Inc.)Jeffrey Robin, Baton Rouge, La. (J.P. Morgan Securities LLC)Frederick Shows, Greenville, S.C. (Waddell & Reed, Inc.)Jason Singleton, Elkin, N.C. (Wells Fargo Advisors LLC)Todd Smiler, Boca Raton, Fla. (Wells Fargo Advisors LLC)Scott Sprague, Los Angeles (Cetera Advisor Networks LLC)Lane Steel, Rexburg, Idaho (Wells Fargo Advisors LLC)Scottie Traylor, Monroe, La. (Raymond James Financial Services, Inc.)Mario Vasquez, Mission Viejo, Calif. (J.P. Morgan Securities LLC)Gary Warner, Fresno, Calif. (Capital Financial Services, Inc.)
$30M-$49M Joseph Abbruzzi, Mount Laurel, N.J. (RBC Capital Markets LLC)Ryan Alderfer, Bellevue, Wash. (Key Investment Services LLC)Jonathan Barkley, Galena, Ill. (Ameriprise Financial Services, Inc.)Richard Berlinski, Iron Mountain, Mich. (SII Investments, Inc.)Drew Boyer and William Greear, Westerville, Ohio (Fortune Financial Services, Inc.)Casey Brighton, Greenville, N.C. (Edward Jones)William Evans, West Columbia, S.C. (Morgan Stanley)Nathan Fichter, Omaha, Neb. (Questar Capital Corporation)Kevin Foreman, San Antonio (Thrivent Investment Management, Inc.)Sean Fowler, Grayslake, Ill. (Fifth Third Securities, Inc.)Rodney Gholson, Vienna, Ill. (J.W. Cole Financial, Inc.)David Gordon, Philadelphia (Ameriprise Financial Services, Inc.)Richard Gray, Dacula, Ga. (SunTrust Investment Services, Inc.)Jon Grubbs, Wexford, Pa. (MetLife Securities, Inc.)Craig Grover, Bangor, Maine (Mid-Atlantic Securities, Inc.)Bryce Holley, Tooele, Utah (Key Investment Services LLC)David Horn, Green Bay, Wis. (Wells Fargo Advisors LLC)Asha Jain, Scottsdale, Ariz. (Wells Fargo Advisors LLC)Steven Jones, Morehead City, N.C. (Wells Fargo Advisors LLC)Gavriel Kandkhorov, Brooklyn, N.Y. (Wells Fargo Advisors LLC)Beverly Ketel, Manchester, N.H. (Citizens Investment Services)Jerome Lafer, Dallas (BBVA Compass Investment Solutions, Inc.)Cali Lehman, Hutchinson, Kan. (CUSO Financial Services, L.P.)Maurice Lounds, Schererville, Ind. (J.P. Morgan Securities LLC)Rita Mazurkewycz, Clarksdale, Mo. (UMB Financial Services, Inc.)Bryan Mccall, Port Jefferson, N.Y. (Next Financial Group, Inc.)Michael Oberheim, Byron, Ill. (BMO Harris Financial Advisors, Inc.)Michael Pfeuffer, Wexford, Pa. (MetLife Securities, Inc.)Daniel Reitz, Allentown, Pa. (Beirne Wealth Consulting LLC)Will Rivere, Houma, La. (Securities America, Inc.)Danica Royster and Kenneth Royster, Norfolk, Va. (MetLife Securities, Inc.)Thomas Sakadales, New Port Richey, Fla. (Edward Jones)Arnold Schmale, Okawville, Ill. (J.W. Cole Financial, Inc.)Jeffrey St. John, Northbrook, Ill. (Ameriprise Financial Services, Inc.)Jeffrey Stone Jr., Greenville, S.C. (Wells Fargo Advisors LLC)Bryan Thomas, Mentor, Ohio (The Huntington Investment Company)Anh Tran, Orange, Calif. (First Allied Securities, Inc.)Trung Vu, Bethesda, Md. (Ameriprise Financial Services, Inc.)Ron Willoughby Jr., Scottsdale, Ariz. (Morgan Stanley) “The fourth quarter of 2016 was a very successful quarter for recruiting at LPL and helped secure 2016 as LPL’s best recruiting year in the history of the firm,” Bill Morrissey, LPL managing director and divisional vice president, Business Development. “In 2016, there were a number of macro conditions impacting the marketplace, including increased regulatory complexity, advisor and firm consolidation, the election and uncertainty around the Department of Labor fiduciary rule. In an industry where inertia is sometimes the biggest obstacle, we were able to capitalize on these macro trends.  We enjoyed strong business results with these disruptions in the marketplace and resulting flight to quality. Advisors today are looking for a long-term partner, one with the ability to adapt to change in the marketplace. We continue to recruit advisors at scale across all four major channels with in the independent sector being the most active source of advisors for us in 2016. “Our 2016 results provide strong momentum going into the new year. LPL will continue to invest in technology, people and infrastructure to provide advisors with the tools and resources they need to serve their clients and enhance their experience with LPL.” *Each individual advisor asset number was reported by the advisor based on prior business, includes both brokerage and advisory assets, and has not been independently and fully verified by LPL Financial. The information in this press release is not intended to update or change any of the information, including information about recruiting results, previously publicly disclosed by LPL Financial. Forward-Looking Statements
Statements in this press release regarding LPL Financial Holdings Inc.'s (together with its subsidiaries, including LPL Financial LLC, the "Company") potential future levels of assets serviced, growth, business strategy, and plans, as well as any other statements that are not related to present facts or current conditions or that are not purely historical, constitute forward-looking statements. These forward-looking statements are based on the Company's historical performance and its plans, estimates and expectations as of March 1, 2017. The words “potential,” "anticipates," "intends," "believes," "expects," "may," "plans," "predicts," "will" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are not guarantees that the future levels of assets serviced, results, plans, intentions or expectations expressed or implied by the Company will be achieved. Matters subject to forward-looking statements involve known and unknown risks and uncertainties, including economic, legislative, regulatory, competitive and other factors, which may cause levels of assets serviced, actual financial or operating results, levels of activity, or the timing of events, to be materially different than those expressed or implied by forward-looking statements. In particular, the Company can provide no assurance that the assets reported as serviced by its newly recruited financial advisors at their prior firms will translate into assets serviced at LPL. Important factors that could cause or contribute to such differences include: the choice by one or any of the clients of the Company's newly recruited financial advisors mentioned in this press release not to open brokerage and/or advisory accounts at LPL Financial and/or move their respective assets from advisor’s prior firm to a new account at LPL Financial; discovery of errors made in the calculation of assets serviced reported by the newly recruited advisor; changes in general economic and financial market conditions, including retail investor sentiment; fluctuations in the value of assets under custody; effects of competition in the financial services industry; and the other factors set forth in Part I, "Item 1A. Risk Factors" in the Company's 2016 Annual Report on Form 10-K and any subsequent SEC filing. Except as required by law, the Company specifically disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release, even if its estimates change, and you should not rely on those statements as representing the Company's views as of any date subsequent to the date of March 1, 2017. About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and provided service to approximately $517 billion in advisory and brokerage assets as of January 31, 2017. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 financial institutions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $127 billion in retirement plan assets, as of December 31, 2016. LPL also supports approximately 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com. Securities and Advisory Services offered through LPL Financial. A Registered Investment Advisor, Member FINRA/SIPC. Connect with Us!
https://twitter.com/lpl  https://www.linkedin.com/company/lpl-financial  https://www.facebook.com/LPLFinancialLLC  https://www.youtube.com/user/lplfinancialllc 
Media Contact:
Lauren Hoyt-Williams
980-321-1232
[email protected]

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Ratios

vs
industry
vs
history
PE Ratio 18.98
LPLA's PE Ratio is ranked higher than
53% of the 492 Companies
in the Global Capital Markets industry.

( Industry Median: 20.17 vs. LPLA: 18.98 )
Ranked among companies with meaningful PE Ratio only.
LPLA' s PE Ratio Range Over the Past 10 Years
Min: 9.43  Med: 23.05 Max: 32.19
Current: 18.98
9.43
32.19
Forward PE Ratio 17.57
LPLA's Forward PE Ratio is ranked lower than
52% of the 155 Companies
in the Global Capital Markets industry.

( Industry Median: 16.81 vs. LPLA: 17.57 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 18.98
LPLA's PE Ratio without NRI is ranked higher than
54% of the 489 Companies
in the Global Capital Markets industry.

( Industry Median: 20.43 vs. LPLA: 18.98 )
Ranked among companies with meaningful PE Ratio without NRI only.
LPLA' s PE Ratio without NRI Range Over the Past 10 Years
Min: 9.43  Med: 23.05 Max: 32.19
Current: 18.98
9.43
32.19
Price-to-Owner-Earnings 60.25
LPLA's Price-to-Owner-Earnings is ranked lower than
77% of the 224 Companies
in the Global Capital Markets industry.

( Industry Median: 16.44 vs. LPLA: 60.25 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
LPLA' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 7.44  Med: 29.57 Max: 121.64
Current: 60.25
7.44
121.64
PB Ratio 4.16
LPLA's PB Ratio is ranked lower than
85% of the 670 Companies
in the Global Capital Markets industry.

( Industry Median: 1.27 vs. LPLA: 4.16 )
Ranked among companies with meaningful PB Ratio only.
LPLA' s PB Ratio Range Over the Past 10 Years
Min: 2.06  Med: 3.46 Max: 5.81
Current: 4.16
2.06
5.81
PS Ratio 0.88
LPLA's PS Ratio is ranked higher than
86% of the 651 Companies
in the Global Capital Markets industry.

( Industry Median: 4.05 vs. LPLA: 0.88 )
Ranked among companies with meaningful PS Ratio only.
LPLA' s PS Ratio Range Over the Past 10 Years
Min: 0.38  Med: 1.02 Max: 1.4
Current: 0.88
0.38
1.4
Price-to-Free-Cash-Flow 32.07
LPLA's Price-to-Free-Cash-Flow is ranked lower than
68% of the 195 Companies
in the Global Capital Markets industry.

( Industry Median: 13.36 vs. LPLA: 32.07 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
LPLA' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.78  Med: 22.14 Max: 69.82
Current: 32.07
7.78
69.82
Price-to-Operating-Cash-Flow 14.36
LPLA's Price-to-Operating-Cash-Flow is ranked lower than
52% of the 228 Companies
in the Global Capital Markets industry.

( Industry Median: 12.54 vs. LPLA: 14.36 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
LPLA' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 5.75  Med: 15.01 Max: 35.69
Current: 14.36
5.75
35.69
EV-to-EBIT 15.14
LPLA's EV-to-EBIT is ranked lower than
54% of the 603 Companies
in the Global Capital Markets industry.

( Industry Median: 15.70 vs. LPLA: 15.14 )
Ranked among companies with meaningful EV-to-EBIT only.
LPLA' s EV-to-EBIT Range Over the Past 10 Years
Min: -349.4  Med: 17 Max: 318.8
Current: 15.14
-349.4
318.8
EV-to-EBITDA 11.28
LPLA's EV-to-EBITDA is ranked higher than
54% of the 617 Companies
in the Global Capital Markets industry.

( Industry Median: 13.49 vs. LPLA: 11.28 )
Ranked among companies with meaningful EV-to-EBITDA only.
LPLA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.9  Med: 13.6 Max: 128.2
Current: 11.28
7.9
128.2
PEG Ratio 2.33
LPLA's PEG Ratio is ranked lower than
64% of the 178 Companies
in the Global Capital Markets industry.

( Industry Median: 1.59 vs. LPLA: 2.33 )
Ranked among companies with meaningful PEG Ratio only.
LPLA' s PEG Ratio Range Over the Past 10 Years
Min: 0.16  Med: 0.49 Max: 2.33
Current: 2.33
0.16
2.33
Shiller PE Ratio 27.84
LPLA's Shiller PE Ratio is ranked lower than
58% of the 93 Companies
in the Global Capital Markets industry.

( Industry Median: 25.07 vs. LPLA: 27.84 )
Ranked among companies with meaningful Shiller PE Ratio only.
LPLA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.57  Med: 22.4 Max: 29.97
Current: 27.84
16.57
29.97

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 2.52
LPLA's Dividend Yield % is ranked lower than
60% of the 552 Companies
in the Global Capital Markets industry.

( Industry Median: 2.85 vs. LPLA: 2.52 )
Ranked among companies with meaningful Dividend Yield % only.
LPLA' s Dividend Yield % Range Over the Past 10 Years
Min: 0.4  Med: 2.14 Max: 6.06
Current: 2.52
0.4
6.06
Dividend Payout Ratio 0.48
LPLA's Dividend Payout Ratio is ranked higher than
67% of the 320 Companies
in the Global Capital Markets industry.

( Industry Median: 0.51 vs. LPLA: 0.48 )
Ranked among companies with meaningful Dividend Payout Ratio only.
LPLA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18  Med: 0.47 Max: 0.58
Current: 0.48
0.18
0.58
3-Year Dividend Growth Rate 15.40
LPLA's 3-Year Dividend Growth Rate is ranked higher than
63% of the 233 Companies
in the Global Capital Markets industry.

( Industry Median: 7.20 vs. LPLA: 15.40 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
LPLA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 60.9
Current: 15.4
0
60.9
Forward Dividend Yield % 2.52
LPLA's Forward Dividend Yield % is ranked lower than
62% of the 516 Companies
in the Global Capital Markets industry.

( Industry Median: 2.99 vs. LPLA: 2.52 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 2.52
LPLA's 5-Year Yield-on-Cost % is ranked lower than
64% of the 665 Companies
in the Global Capital Markets industry.

( Industry Median: 3.42 vs. LPLA: 2.52 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
LPLA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.4  Med: 2.14 Max: 6.06
Current: 2.52
0.4
6.06
3-Year Average Share Buyback Ratio 4.30
LPLA's 3-Year Average Share Buyback Ratio is ranked higher than
94% of the 305 Companies
in the Global Capital Markets industry.

( Industry Median: -1.30 vs. LPLA: 4.30 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
LPLA' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -4.4  Med: 0 Max: 0
Current: 4.3
-4.4
0

Valuation & Return

vs
industry
vs
history
Price-to-Intrinsic-Value-Projected-FCF 1.25
LPLA's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
53% of the 211 Companies
in the Global Capital Markets industry.

( Industry Median: 1.22 vs. LPLA: 1.25 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
LPLA' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.83  Med: 1.76 Max: 2.46
Current: 1.25
0.83
2.46
Price-to-Median-PS-Value 0.88
LPLA's Price-to-Median-PS-Value is ranked higher than
67% of the 561 Companies
in the Global Capital Markets industry.

( Industry Median: 1.05 vs. LPLA: 0.88 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
LPLA' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.51  Med: 1.02 Max: 1.3
Current: 0.88
0.51
1.3
Price-to-Peter-Lynch-Fair-Value 1.67
LPLA's Price-to-Peter-Lynch-Fair-Value is ranked lower than
68% of the 118 Companies
in the Global Capital Markets industry.

( Industry Median: 1.34 vs. LPLA: 1.67 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
LPLA' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.5  Med: 1 Max: 1.67
Current: 1.67
0.5
1.67
Earnings Yield (Greenblatt) % 6.55
LPLA's Earnings Yield (Greenblatt) % is ranked higher than
61% of the 831 Companies
in the Global Capital Markets industry.

( Industry Median: 3.74 vs. LPLA: 6.55 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
LPLA' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.3  Med: 5.8 Max: 9.1
Current: 6.55
0.3
9.1
Forward Rate of Return (Yacktman) % 15.39
LPLA's Forward Rate of Return (Yacktman) % is ranked higher than
55% of the 240 Companies
in the Global Capital Markets industry.

( Industry Median: 10.74 vs. LPLA: 15.39 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
LPLA' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 0.2  Med: 19.95 Max: 69.1
Current: 15.39
0.2
69.1

More Statistics

Revenue (TTM) (Mil) $4,007
EPS (TTM) $ 2.09
Beta2.35
Short Percentage of Float0.81%
52-Week Range $20.51 - 43.79
Shares Outstanding (Mil)90.43

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 4,145 4,354 4,580
EPS ($) 2.26 2.43 2.71
EPS without NRI ($) 2.26 2.43 2.71
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 1.00 1.05 1.10
» More Articles for LPLA

Headlines

Articles On GuruFocus.com
LPL Financial Provides Update on First Quarter 2017 Advisor Recruiting May 11 2017 
LPL Financial Welcomes Long Island-Based Firm The Choice Group Wealth Management May 09 2017 
LPL Financial Files Definitive Proxy Materials, Announces Nomination of William Glavin as New Indepe Apr 11 2017 
LPL Financial Announces First Quarter 2017 Earnings Release Date and Conference Call Apr 03 2017 
LPL Financial Reports Monthly Activity for February 2017 Mar 16 2017 
LPL Financial Holdings Inc. (Nasdaq: LPLA) to Ring The Nasdaq Stock Market Closing Bell Mar 14 2017 
LPL Financial Announces Completion of Leverage-Neutral Debt Refinancing Mar 10 2017 
LPL Financial Announces Pricing of Senior Secured Credit Facilities Mar 08 2017 
LPL Financial Announces Pricing of Offering of Senior Notes Mar 03 2017 
LPL Financial Provides Update on Fourth Quarter 2016 Advisor Recruiting Mar 01 2017 

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LPL Financial tops Street 1Q forecasts Apr 27 2017
[$$] LPL Awaits Fiduciary Rule 'Disruption,' After Profit Drop Apr 27 2017
LPL Financial Announces First Quarter 2017 Results Apr 27 2017
Investor Network: LPL Financial Holdings Inc. to Host Earnings Call Apr 27 2017
LPL Financial Holdings, Inc. breached its 50 day moving average in a Bullish Manner : LPLA-US :... Apr 25 2017
WSJ Wealth Adviser Briefing: LPL No Longer Claims to Be 'Conflict Free' Apr 12 2017

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