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LPL Financial Holdings Inc. (LPLA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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148.80+3.32 (+2.29%)
As of 12:38PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous Close145.48
Open146.84
Bid148.46 x 1200
Ask148.70 x 900
Day's Range145.85 - 148.99
52 Week Range60.60 - 159.74
Volume112,697
Avg. Volume552,174
Market Cap11.896B
Beta (5Y Monthly)1.27
PE Ratio (TTM)26.91
EPS (TTM)5.53
Earnings DateJul. 28, 2021 - Aug. 02, 2021
Forward Dividend & Yield1.00 (0.70%)
Ex-Dividend DateMar. 15, 2021
1y Target Est185.09
  • LPL Financial Welcomes Financial Advisor Jeffrey Schiffman
    GlobeNewswire

    LPL Financial Welcomes Financial Advisor Jeffrey Schiffman

    Florida advisor joins new Linsco by LPL Financial employee modelCHARLOTTE, N.C., May 13, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that financial advisor Jeffrey Schiffman CFP® has joined LPL, affiliating with Linsco by LPL Financial, the firm’s new W2 employee advisor model. Schiffman reported having served approximately $150 million in advisory, brokerage and retirement plan assets*. He joins LPL from UBS Financial Services. Based in Palm Beach Gardens, Fla., Schiffman Wealth Planning was founded with a mission to provide customized and timely financial planning strategies to help families work toward achieving their dreams and aspirations for generations to come. Schiffman specializes in offering financial planning and tax-based investment strategies, and he said he takes pride in providing clients a high level of service, ongoing communication and regular portfolio reviews. Stability and support from Linsco by LPL Financial Schiffman said he chose LPL to have more control of his practice and serve his clients’ best interests. With the move, he is returning to his entrepreneurial roots, having owned a mortgage banking firm for 14 years before becoming a financial advisor. While afforded the comprehensive and turnkey support of the Linsco employee advisor model, Schiffman also has brand autonomy, owns his book of business and owns the decisions around how to run his business. “Over the years, I’ve come to recognize that my business lends itself to more of an independent practice. Wirehouses were very restrictive, and at times I felt like I was working in a bubble. I was excited to learn of LPL’s employee model,” he said. Schiffman appreciates the open architecture of LPL’s technology platform so he has choice among tools and capabilities to run his practice. He also is eager to take advantage of marketing opportunities to reach new clients and other advisors. “With Linsco by LPL Financial, I’m allowed to buy other practices. That’s usually unheard of in the employee model,” Schiffman said. “LPL is extremely committed to supporting its advisors and letting them flourish.” Scott Posner, LPL executive vice president, Business Development, said, “We welcome Jeff to the LPL community and congratulate him on taking control of his business and client relationships. Advisors deserve to be able to serve their clients the way they think is best and build a business with value. LPL is committed to meeting advisors where they are, providing them with choice and flexibility to launch, grow and monetize a business of their design. We are excited to work with Jeff and look forward to a long-lasting partnership with Schiffman Wealth Planning.” RelatedInside the Linsco by LPL model Learn more about Schiffman Wealth Planning by LPL Financial. Read about other firms that recently joined LPL in the LPL Financial News and Media section of LPL.com. Advisors, find an LPL business development representative near you. About LPL Financial: LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader** in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to objective guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients. ** Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S (Based on total revenues, Financial Planning magazine June 1996-2020); No. 1 provider of third-party brokerage services to banks and credit unions (2019-2020 Kehrer Bielan Research & Consulting Annual TPM Report) *Based on prior business and represents assets that would have been custodied at LPL Financial, rather than third-party custodians. Reported assets and client numbers have not been independently and fully verified by LPL Financial. Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor. Member FINRA/SIPC. Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website. Connect with Us! https://twitter.com/lplhttps://www.linkedin.com/company/lpl-financialhttps://www.facebook.com/LPLFinancialLLChttps://www.youtube.com/user/lplfinancialllc Media Contact:Lauren Hoyt-Williams(980) 321-1232Lauren.Hoyt-Williams@lpl.com

  • LPL Financial’s Newest Proprietary Tool Makes it Easier for Advisors to Prepare for Client Meetings
    GlobeNewswire

    LPL Financial’s Newest Proprietary Tool Makes it Easier for Advisors to Prepare for Client Meetings

    CHARLOTTE, N.C., May 12, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that all advisors now have access to Meeting Manager, an innovative, proprietary digital solution designed to make it easier for advisors to prepare for client meetings and enhance those client interactions. Meetings play a foundational role in the client-advisor relationship and the advisor’s fiduciary responsibility. Yet, advisors report it can take hours using an average of six different applications to prepare for a single meeting. Meeting Manager is designed to take the friction out of meeting preparation by centralizing the workflow into a single solution, streamlining the process and creating more time in an advisor’s day. Integrated within ClientWorks, LPL’s advisor technology workstation, Meeting Manager is available at no additional cost to all LPL advisors. With Meeting Manager, a click of a button will assemble documents across multiple systems into a bundle that advisors can then customize for their upcoming meeting. This saves advisors significant time by simplifying the steps to organize and manage client meetings, and by reducing the administrative tasks associated with them. “Advisors’ most critical, and often most limited, asset is their time,” said Kirby Horan-Adams, LPL Financial executive vice president, Advisor Solutions. “Technology has the ability to differentiate an advisor’s practice by increasing their efficiency, enhancing the client experience and strengthening the advisor-client relationship. Meeting Manager delivers value on both points. Not only can advisors gain a significant amount of time back into their day, they have the ability to make meetings more personalized and productive for their clients. LPL is committed solving for the challenges and opportunity present for our advisors. With that understanding and the capacity to innovate and invest in their business, we can deliver fintech that brings meaningful value to their practices.” About LPL FinancialLPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to objective guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients. * Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S (Based on total revenues, Financial Planning magazine June 1996-2020); No. 1 provider of third-party brokerage services to banks and credit unions (2019-2020 Kehrer Bielan Research & Consulting Annual TPM Report) Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor. Member FINRA/SIPC. Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website. Connect with Us! https://twitter.com/lpl https://www.linkedin.com/company/lpl-financial https://www.facebook.com/LPLFinancialLLC https://www.youtube.com/user/lplfinancialllc Media Contact:Lauren Hoyt-Williams(980) 321-1232Lauren.Hoyt-Williams@lpl.com

  • LPL Financial Welcomes Financial Advisor Rob DeHollander
    GlobeNewswire

    LPL Financial Welcomes Financial Advisor Rob DeHollander

    CHARLOTTE, N.C., May 11, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that financial advisor Glenn “Rob” DeHollander CFP®, has joined LPL Financial’s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. He reported having served approximately $130 million in advisory, brokerage and retirement plan assets*. He joins from Commonwealth Financial Network. Based in Greenville, S.C., DeHollander Financial Group is a faith-based practice focused on retirement income planning, wealth management, estate planning and managing retirement plans for businesses. With assistance from a four-member office support team, DeHollander works primarily with affluent families and individuals, small business, churches and civic organizations. As a former engineer, DeHollander brings a consultative mindset to the practice, understanding the importance of providing thoughtful solutions and communicating ideas in easy to understand terms. “Every day, our goal is to help clients succeed by providing a personalized approach to financial planning. We take pride in not only helping clients work towards their lifetime dreams but also making sure they enjoy the journey,” DeHollander said. The team moved to LPL to gain access to robust resources and innovative technology. “After an extensive due diligence process, we found LPL to be a strong partner committed to providing advisors with leading capabilities and business solutions to help us manage client assets. LPL also gives us the freedom and independence to run the practice on our own terms, with no influence from proprietary products,” DeHollander said. Additionally, DeHollander is planning to grow his business by partnering with other like-minded LPL advisors. “I’m eager to tap into LPL’s vast network of quality financial advisors, looking for synergies and economies of scale where we can help each other succeed and serve our clients in the best manner possible.” Scott Posner, LPL executive vice president, Business Development, said, “We welcome Rob to the LPL family and are proud to support his independent practice. Like Rob, we understand that every client is unique. By providing our financial advisors with access to a broad range of non-proprietary products and investment platforms, we strive to empower them in their delivery of personalized investment strategies. We also offer choice and flexibility in how they run their businesses, and we will meet advisors where they are in the evolution of their practice to provide them with differentiated tools and capabilities to help them deliver meaningful, customized services to their clients. We look forward to a long-lasting partnership with DeHollander Financial Group.” Learn more at DehollanderFinancial.com. Read about other firms that recently joined LPL in the LPL Financial News and Media section of LPL.com. Advisors, find an LPL business development representative near you. About LPL FinancialLPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader** in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to objective guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients. ** Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S (Based on total revenues, Financial Planning magazine June 1996-2020); No. 1 provider of third-party brokerage services to banks and credit unions (2019-2020 Kehrer Bielan Research & Consulting Annual TPM Report) *Based on prior business and represents assets that would have been custodied at LPL Financial, rather than third-party custodians. Reported assets and client numbers have not been independently and fully verified by LPL Financial. Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor. Member FINRA/SIPC. Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website. DeHollander Financial Group and LPL Financial are separate entities. Connect with Us! https://twitter.com/lpl https://www.linkedin.com/company/lpl-financial https://www.facebook.com/LPLFinancialLLC https://www.youtube.com/user/lplfinancialllc Media Contact:Lauren Hoyt-Williams (980) 321-1232Lauren.Hoyt-Williams@lpl.com