LPL Financial Holdings Inc.
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About LPL Financial Holdings Inc.
LPL Financial is the largest US independent broker-dealer, with nearly 29,000 financial advisors affiliated with its platform and roughly 10 million associated customer accounts at the end of 2024. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees and commissions tied to the $1.7 trillion in assets under management or advisory on its platform at year-end 2024. LPL specializes in the provision of 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.
Frequently asked questions
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The ticker symbol for LPL Financial Holdings Inc. is LPLA:xnas. You can use this code to quickly find the stock in Saxo’s platforms and track its price and performance.
LPL Financial Holdings Inc. has its primary listing on NASDAQ. You can trade LPL Financial Holdings Inc. with a Saxo account, alongside thousands of other stocks worldwide.
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