LPL Financial

LPL Financial Holdings Inc.
Company typePublic
Nasdaq: LPLA
Russell 1000 Component
IndustryFinancial services
Founded1989; 35 years ago (1989)
HeadquartersSan Diego, California, United States
Key people
  • Rich Steinmeier, CEO
  • Matt Audette, President and CFO
RevenueIncrease US$10 billion (2023)
AUM$1.5 Trillion
Number of employees
8,400 (2023)
SubsidiariesLPL Financial LLC
LPL Insurance Associates, Inc.
Fortigent LLC
The Private Trust Company
Websitewww.lpl.com
Footnotes / references
[1][2][3]

LPL Financial Holdings Inc. (commonly referred to as LPL Financial) was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors,[4] over US$1 trillion in advisory and brokerage assets,[5] and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year.[6] LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego.[7] The company is a member of FINRA and the SIPC.[8]

  1. ^ "Leadership". LPL Financial.
  2. ^ "Form 10-K LPL Financial Holdings". United States Securities and Exchange Commission.
  3. ^ "For 10-Q - LPL Financial Holdings". United States Securities and Exchange Commission.
  4. ^ "LPL Financial Holdings | 2021 Fortune 500". Fortune. Retrieved 2021-06-14.
  5. ^ "Corporate Snapshot". www.lpl.com. Retrieved 2021-02-12.
  6. ^ "LPL Financial Announces Fourth Quarter and Full Year 2023 Results". LPL Financial. February 1, 2024. Retrieved October 15, 2024.
  7. ^ "LPL Financial Work Locations". www.lpl.com. Retrieved 2020-11-02.
  8. ^ "LPL Financial". www.lpl.com. Retrieved 2021-02-12.