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LPL Financial (LPLA) Company Profile

Updated Jun 2, 2020
LPL Financial has the following business profile:
Company's Full Name:LPL Financial Holdings Inc.
Short Name:LPL Financial
Trading Ticker Symbol:LPLA
Primary Exchange:NASDAQ
Headquarter City/Country:Massachusetts, MA
Primary Industry Sector:Finance
Seconday Sub-sector:Investment Bankers and Brokers
Main Business Areas: Finance, Investment Bankers and Brokers, Financial Services, Capital Markets
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding LPL Financial stock

Market and Trading Information for LPL Financial

The following details were available for trading and market data about the stock of LPL Financial as of writing:
Current Share Price:$75.44
Previous Year's Closing Price:$92.25
Percentage Price Change (YTD):-18.22%
Market Cap:$5.95 billion
52-week Price Range:$32.01 - $99.6
Dividend Per Share:$1
EPS (TTM):6.74
Price-Earnings (Trailing):11.2
Price-Earnings (Forward):13.03

Company Profile and Business Description for LPL Financial

LPL Financial Holdings Inc., incorporated on October 25, 2005, is a broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors (its advisors), including financial advisors at financial institutions across the country. The Company also supported approximately 4,000 financial advisors, affiliated and licensed with insurance companies through customized clearing services, advisory platforms and technology solutions, as of December 31, 2016. Through its advisors, the Company is a distributor of financial products and services in the United States. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. Its technology offerings are designed to permit its advisors to manage various aspects of their businesses. It automates time-consuming processes, such as account opening and management, document imaging, transaction execution, and account rebalancing.

The Company's practice management and training services include personalized business consulting; advisory and brokerage consulting and financial planning to support advisors in growing their businesses through its range of products and fee-based offerings, as well as wealth management services and to assist advisors serving high-net-worth clients with estate, tax, philanthropic and financial planning processes; marketing strategies, including campaign templates, to enable advisors to build awareness of their services and capitalize on opportunities in their local markets; succession planning and an advisor loan program for advisors looking to either sell their own or buy another practice; transition services to help advisors establish independent practices, and in-person and virtual training and educational programs on topics, including technology, use of advisory platforms and business development. The Company provides its advisors with integrated access to research on a range of investments and market analysis on macro-economic events, capital markets assumptions, and strategic and tactical asset allocation.

The Company operates through LPL Financial LLC (LPL Financial), its broker-dealer subsidiary. LPL Financial is a clearing broker-dealer and an investment advisor that transacts business as an agent for its advisors on behalf of their clients by providing access to an array of financial products and services. Through its subsidiary, The Private Trust Company, N.A. (PTC), the Company offers trust administration, investment management oversight and individual retirement account (IRA) custodial services for estates and families. Its subsidiary, LPL Insurance Associates, Inc., (LPLIA), operates as a brokerage general agency that offers life, long-term care, and disability insurance sales and services. Its platform provided access to over 750 product providers that offered various product lines, such as insurance-based products, alternative investments, structured products, mutual funds, separately managed accounts, exchange traded products, unit investment trusts, retirement plan products and annuities, as of December 31, 2016.

The Company's brokerage offerings include variable and fixed annuities, mutual funds and alternative investments. Its alternative investments include non-traded real estate investment trusts and business development companies, fixed income insurance, group annuities, and option and commodity transactions. LPL Financial has various fee-based advisory platforms that provide managed or customized solutions from which advisors can choose to meet the investment needs of their clients. Its fee-based platforms provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. It assists its advisors in managing their clients' cash balances through three primary cash sweep programs depending on account type: a money market sweep vehicle involving money market fund providers and two insured sweep vehicles involving banks. It offers retirement solutions for commission- and fee-based services that allow advisors to provide brokerage services, consultation, and advice to plan sponsors using LPL Financial. Its advisors, whether through LPL Financial or through a Hybrid RIA, served over 32,300 retirement plans, as of December 31, 2016.

The Company competes with Morgan Stanley, Bank of America Merrill Lynch, UBS Financial Services Inc., Wells Fargo Advisors, LLC., Edward D. Jones & Co., L.P., Raymond James Financial Services, Inc., Charles Schwab & Co., Fidelity Brokerage Services LLC, TD Ameritrade, Bank of New York Mellon, Fidelity Investments, J.P. Morgan Chase & Co, Advent Software, Inc., Envestnet, Inc., Morningstar, Inc., Commonwealth Financial Network, Cetera Financial Group and Cambridge.

75 State St Fl 22

ETFs Holding LPL Financial Stock

As of March 2020, the following exchange-traded funds (ETF) hold the LPL Financial stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have LPL Financial stock holding. There are a total of 86 ETFs in Fknol.com records which are holding LPL Financial stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
FLAGFLAG-Forensic Accounting Long-Short ETFThe FLAG-Forensic Accounting Long-Short ETF tracks an index that selects long and short equity positions of large-cap U.S. companies relative to their earnings quality and revenue recognition practices. ...Full Details1.61%137
Full List
Quarterly
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
DGRWWisdomTree US Dividend Growth FundThe WisdomTree U.S. Quality Dividend Growth ETF tracks the performance of the WisdomTree US Dividend Growth Index by investing in large- and midcap dividend-paying US common stocks with growth characteristics. ...Full Details0.28%276
Full List
Monthly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
ESGVVanguard ESG US Stock ETFThe Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria. ...Full Details0.12%988
Full List
Quarterly
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly
FNCLFidelity MSCI Financials Index ETFThe Fidelity MSCI Financials ETF tracks a market-cap-weighted index of stocks in the broad US financials sector. ...Full Details0.08%377
Full List
Quarterly
FNDBSchwab Fundamental US Broad Market Index ETFThe Schwab Fundamental U.S. Broad Market Index ETF tracks a fundamentally selected and weighted Russell Index based on sales, cash flow and dividends/buybacks. ...Full Details0.25%1481
Full List
Quarterly
FNDXSchwab Fundamental US Large Company Index ETFThe Schwab Fundamental US Large Company Index ETF tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends/buybacks. ...Full Details0.25%671
Full List
Quarterly
IEFNiShares Evolved US Financials ETFThe iShares Evolved U.S. Financials ETF is an actively managed, market-cap-weighted fund of large-, mid-, and small-cap US stocks in the financial sector, according to an alternative classification system defined by machine learning algorithms. ...Full Details0.18%254
Full List
Annually

See Full List of ETFs holding LPL Financial stock in their respective portfolios.

Peer / Competitor Companies of Investment Bankers and Brokers Sector

Along with LPL Financial Holdings Inc., the following other peer (competitor) companies also exist within the same Investment Bankers and Brokers - Finance sector whose company profile and dividend history is as follows:

▶ Associated Capital (AC): Associated Capital Group, Inc., incorporated on April 15, 2015, is a parent operating company for the spin-off of GAMCO Investors, Inc.s (GAMCOs) alternative investment management business, institutional research services operations ....See Detailed Company Profile,  Dividend History

▶ BGC Partners (BGCP): BGC Partners, Inc. (BGC), incorporated on June 3, 1999, is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and ....See Detailed Company Profile,  Dividend History

▶ BlackRock (BLK): BlackRock, Inc. (BlackRock), incorporated on February 13, 2006, is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its ....See Detailed Company Profile,  Dividend History

▶ Charles Schwab (SCHW): The Charles Schwab Corporation (CSC), incorporated on November 25, 1986, is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

▶ China Finance Online (JRJC): China Finance Online Co. Limited, incorporated on November 2, 1998, is a Web-based financial services company in China. The Company provides Chinese retail investors with online access to securities and ....See Detailed Company Profile,  Dividend History

▶ CME (CME): CME Group Inc., incorporated on August 2, 2001, through its exchanges, provides products across all asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, ....See Detailed Company Profile,  Dividend History

▶ Cowen (COWN): Cowen Group, Inc., incorporated on June 1, 2009, is a financial services company. The Company provides alternative investment management, investment banking, research, sales and trading, and prime brokerage services. The ....See Detailed Company Profile,  Dividend History

▶ Credit Suisse (CS): Credit Suisse Group AG, together with its subsidiaries, provides various financial services worldwide. It operates through six segments: Swiss Universal Bank, International Wealth Management, Asia Pacific, Glob....See Detailed Company Profile,  Dividend History

▶ Euronet Worldwide (EEFT): Euronet Worldwide, Inc. (Euronet), incorporated on December 13, 1996, is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers ....See Detailed Company Profile,  Dividend History

▶ GAIN Capital (GCAP): GAIN Capital Holdings, Inc. (GAIN), incorporated on March 24, 2006, is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Companys segments include Retail ....See Detailed Company Profile,  Dividend History

▶ Gamco Investors (GBL): GAMCO Investors, Inc. is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distri....See Detailed Company Profile,  Dividend History

▶ Goldman Sachs (GS): The Goldman Sachs Group, Inc., incorporated on July 21, 1998, is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

▶ Greenhill and Co. (GHL): Greenhill & Co., Inc., incorporated on March 10, 2004, is an investment bank. The Company provides financial and strategic advice on domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, ....See Detailed Company Profile,  Dividend History

▶ Interactive Brokers (IBKR): Interactive Brokers Group, Inc. (IBG, Inc.), incorporated on November 14, 2006, is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, ....See Detailed Company Profile,  Dividend History

▶ Intercontinental Exchange (ICE): Intercontinental Exchange, Inc., incorporated on March 6, 2013, is an operator of regulated exchanges, clearing houses and listings venues. The Company provides data services for commodity and financial markets. The ....See Detailed Company Profile,  Dividend History

▶ INTL FCStone (INTL): INTL FCStone Inc., incorporated on October 26, 1987, is a financial services organization. The Company provides financial products, and advisory and execution service. The Company operates through five segments: Commercial ....See Detailed Company Profile,  Dividend History

▶ JMP LLC (JMP): JMP Group, Inc., incorporated on July 26, 2004, is a full-service investment banking and asset management firm. The Company operates in five segments: Broker-Dealer, Asset Management, Corporate Credit, Investment Income ....See Detailed Company Profile,  Dividend History

▶ Ladenburg Thalmann Financial (LTS): Ladenburg Thalmann Financial Services Inc., incorporated on February 5, 1996, is a financial services company engaged in independent brokerage and advisory services, investment banking, equity research, institutional sales and trading, ....See Detailed Company Profile,  Dividend History

▶ MarketAxess (MKTX): MarketAxess Holdings Inc., incorporated on April 11, 2000, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments using its ....See Detailed Company Profile,  Dividend History

▶ Morgan Stanley (MS): Morgan Stanley, incorporated on October 1, 1981, is a financial holding company. The Company is engaged in global financial services. The Company, through its subsidiaries and affiliates, advises, and originates, ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

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