LPL Financial Holdings Inc. (LPLA)

Over the past six months, LPL Financial Holdings Inc. stock price has experienced a decrease, ranging from -7.51% to -6.02%. The 52-week range for LPLA stock has been between $262.83 and $403.58. LPL Financial completed the conversion of Atria Wealth Solutions, Inc. to its platform and expected to close the acquisition of Commonwealth Financial Network on August 1, 2025, with conversion anticipated in the fourth quarter of 2026. In November 2025, LPL Financial also acquired a minority stake in Private Advisor Group and welcomed Longstreet Wealth Management. The company announced its second-quarter 2025 results on July 31, 2025, reporting net income of $273 million, up 5% from the prior year. Third-quarter 2025 results were announced on October 30, 2025. LPL Financial also reported a rise in October 2025 brokerage and advisory assets. In November 2025, LPL Financial launched a cash management account to integrate banking and investing. The company also announced lower fees and streamlined pricing across its advisory platforms in October 2025. A $0.30 per share dividend was declared in July 2025, payable on August 29, 2025. Another dividend of $0.30 was announced on November 1, 2025.

While there is no explicit information detailing direct demand seasonality for LPL Financial's specific products and services, broader financial market seasonality and certain client financial activities can indirectly influence the company's performance. LPL Financial's own research acknowledges general market seasonality, noting that September has historically been a weaker month for stocks, while the October to December period often provides above-average returns. Client cash balances can also be influenced by seasonal factors such as tax payments and advisory fee billings. LPL Financial's revenue is diversified and not concentrated by advisor, product, or geography, and a portion of its revenue is not asset-based or directly correlated with equity financial markets.

LPL Financial Holdings Inc. operates as an independent broker-dealer and investment advisory firm in the United States, providing a platform of financial services. The company operates in the Financial Services sector, specifically in the Investment Bankers/Brokers/Service industry. Its services include brokerage offerings such as annuities, mutual funds, and alternative investments; advisory platforms providing access to various investment products; client cash programs; retirement solutions; technology products for proposal generation and portfolio management; and other services to support advisors.

LPL Financial Holdings Inc. primarily operates within the United States. The company's headquarters are located in San Diego, California, with other corporate offices in Fort Mill, South Carolina; Austin, Texas; Boston, Massachusetts; and Tempe, Arizona.

LPL Financial's brand reputation has been influenced by both positive business developments and past regulatory issues. In August 2024, LPL Financial settled with the SEC for a $50 million fine due to failures in electronic record keeping. Recent news indicates positive movements in its brand and business activities. In November 2025, LPL Financial reported a rise in October brokerage and advisory assets, acquired a minority stake in Private Advisor Group, and welcomed Longstreet Wealth Management. The company also launched a new cash management account and announced lower fees and streamlined pricing across its advisory platforms.

LPL Financial Holdings Inc. is predominantly owned by institutional shareholders, who hold approximately 98.00% or 62.89% of the company's stock. Individual investors and public companies hold a smaller portion, with insiders owning around 62.79% or 0.50% of the shares. Major institutional owners include Vanguard Group Inc., BlackRock Inc., Boston Partners, Dodge & Cox, Massachusetts Financial Services Co., Janus Henderson Group PLC, and Capital World Investors. TPG Advisors IV Inc. is the largest individual LPL Financial shareholder, holding 34.21 million shares, representing 42.74% of the company.