LPL FinancialLPLA
LPLA
About: LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of September 2024, the company had over 23,000 advisors on its platform managing $1.6 trillion of client assets. The company doesn't have material operations outside of the United States.
Employees: 8,787
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
9% more call options, than puts
Call options by funds: $153M | Put options by funds: $140M
3% more repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 233
0% more funds holding in top 10
Funds holding in top 10: 21 [Q2] → 21 (+0) [Q3]
3.22% less ownership
Funds ownership: 98.31% [Q2] → 95.09% (-3.22%) [Q3]
5% less funds holding
Funds holding: 665 [Q2] → 629 (-36) [Q3]
19% less capital invested
Capital invested by funds: $20.5B [Q2] → $16.6B (-$3.93B) [Q3]
30% less first-time investments, than exits
New positions opened: 85 | Existing positions closed: 121
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$250
24%
downside
Avg. target
$329
0%
upside
High target
$413
26%
upside
11 analyst ratings
9 positive
82%
2 neutral
18%
0 negative
0%
Keefe, Bruyette & Woods Kyle Voigt 83% 1-year accuracy 20 / 24 met price target | 19%upside $390 | Outperform Maintained | 20 Dec 2024 |
TD Cowen Bill Katz 84% 1-year accuracy 32 / 38 met price target | 26%upside $413 | Buy Upgraded | 19 Dec 2024 |
Wells Fargo Michael Brown 68% 1-year accuracy 28 / 41 met price target | 19%upside $390 | Overweight Maintained | 12 Dec 2024 |
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target | 15%upside $378 | Overweight Maintained | 9 Dec 2024 |
Goldman Sachs Alexander Blostein 73% 1-year accuracy 32 / 44 met price target | 7%downside $305 | Buy Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 14 articles about LPLA published over the past 30 days
Neutral
Zacks Investment Research
4 days ago
LPLA Announces Y/Y Rise in Brokerage and Advisory Assets in November
LPL Financial's November brokerage and advisory assets, client cash balance and total net new assets rise on a year-over-year basis.
Neutral
GlobeNewsWire
5 days ago
LPL Financial Reports Monthly Activity for November 2024
SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (“LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. ( Nasdaq: LPLA ) (the “Company”), today released its monthly activity report for November 2024.
Neutral
GlobeNewsWire
5 days ago
LPL Financial Welcomes Advisor Jeffrey Grange to Linsco Channel
SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Jeffrey Grange, CWS® has joined LPL's employee advisor channel, Linsco by LPL Financial, to launch Grange Wealth Management of LPL Financial. He reported serving approximately $300 million in advisory, brokerage and retirement plan assets* and joins LPL from D.A. Davidson & Co. He will operate from a new Linsco office in Santa Barbara, Calif.
Neutral
GlobeNewsWire
6 days ago
Marc Cohen Promoted to Managing Director; Leads Business Strategy and Innovation
SAN DIEGO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Marc Cohen has been promoted to managing director, Business Strategy and Innovation, and has joined the LPL Financial Management Committee. In this role, Marc will continue to lead the development of the firm's corporate strategy and expand his responsibilities to include leading business line and affiliation strategy for independent advisors, large enterprises and institutional channels. In addition, Cohen now leads the company's business services offerings and innovation lab for emerging solutions.
Neutral
GlobeNewsWire
1 week ago
LPL Financial Welcomes Prestige Wealth Group
SAN DIEGO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that the advisors of Prestige Wealth Group (PWG), led by managing partners Rich Galgano, CFP®, and Matt Geraci, CFP®, have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported serving approximately $540 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic.
Neutral
GlobeNewsWire
1 week ago
LPL Research Team Releases 2025 Outlook: Pragmatic Optimism
SAN DIEGO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC today released its 2025 Outlook, “Pragmatic Optimism.” Setting the tone for the new year, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.
Neutral
GlobeNewsWire
1 week ago
LPL Financial Celebrates its Growing Network of Women in Wealth Management
Representing the largest community of female financial advisors in the industry, LPL Achieve Conference unites community of successful wealth professionals
Neutral
GlobeNewsWire
1 week ago
LPL Financial Welcomes Financial Advisor Francisco J. Blanco
SAN DIEGO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Francisco J. Blanco has joined LPL Financial's broker-dealer, RIA and custodial platforms. Blanco reported having approximately $200 million in advisory, brokerage and retirement plan assets* and joins from JP Morgan Chase.
Positive
Investors Business Daily
2 weeks ago
This Financial Services Stock Forming Bullish Pattern While Reaching New Highs
This financial stock is forming a bullish chart pattern. The company manages more than $1.6 trillion in assets.
Neutral
GlobeNewsWire
2 weeks ago
LPL Financial Welcomes Frontline Investment Advisors
SAN DIEGO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Amanda Miller, Devin Richard and Jonathan Vila, CRPC®, of Frontline Investment Advisors have joined LPL Financial's broker-dealer, aligned with existing firm GradePoint Financial. They reported having served approximately $550 million in advisory, brokerage and retirement plan assets* and join LPL from VALIC Financial Advisors, the broker-dealer for AIG Retirement Services.
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