LPL Financial Holdings

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and 529 education savings plans, fixed income products, insurance, and alternative investments, such as non-traded real estate investment trusts and business development companies. The company also offers fee-based advisory platforms and support, which provides access to no-load/load-waived mutual funds, exchange-traded funds, stocks, bonds, conservative option strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. In addition, it offers cash sweep programs; and retirement solution, a commission and fee-based service that allows advisors to provide brokerage services, consultation, and advice to plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; and custodial services to trusts for estates and families. It offers its services to approximately 14,000 independent financial advisors, including financial advisors at approximately 700 financial institutions. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012.

Type
Public
HQ
Boston, US
Founded
1989
Size (employees)
3,320 (est)-2%
LPL Financial Holdings was founded in 1989 and is headquartered in Boston, US

LPL Financial Holdings Office Locations

LPL Financial Holdings has an office in Boston
Boston, US (HQ)
75 State St

LPL Financial Holdings Metrics

LPL Financial Holdings Financial Metrics

LPL Financial Holdings's revenue was reported to be $4 b in FY, 2016 which is a 5% decrease from the previous period.

Revenue (FY, 2016)

$4 b

Revenue growth (FY, 2015 - FY, 2016), %

(5%)

Net income (FY, 2016)

$191.9 m

Market capitalization (19-May-2017)

$3.6 b

Closing share price (19-May-2017)

$39.7

Cash (31-Dec-2016)

$747.7 m
LPL Financial Holdings's current market capitalization is $3.6 b.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$3.1 b$3.5 b$3.7 b$4.1 b$4.4 b$4.3 b$4 b

Revenue growth, %

12%5%13%6%(2%)(5%)

Operating expense total

$3.8 b$4 b$3.9 b$3.7 b

Depreciation and amortization

$44.5 m$58 m$73.4 m

EBIT

$291.3 m$294.7 m$282.6 m

EBIT margin, %

7%7%7%

Pre tax profit

$282.6 m$297.5 m

Income tax expense

($32 m)$112.3 m$98.7 m$109.4 m$116.7 m$113.8 m$105.6 m

Net Income

$181.9 m$178 m$168.8 m$191.9 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$378.6 m$419.2 m$720.8 m$466.3 m$516.6 m$412.3 m$724.5 m$747.7 m

Accounts Receivable

Inventories

Goodwill

$1.4 b$1.4 b

Total Assets

$4.5 b$4.8 b

Accounts Payable

Additional Paid-in Capital

$1.4 b$1.4 b

Retained Earnings

$469.1 m$569.9 m

Total Equity

$715.6 m$821 m

Financial Leverage

6.3 x5.9 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$181.9 m$178 m$168.8 m$191.9 m

Depreciation and Amortization

$73.4 m$75.9 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$50.3 m($104.3 m)$279.5 m$274.8 m

Capital Expenditures

($72.6 m)($127.6 m)

Cash From Investing Activities

($74.9 m)($125.3 m)

Cash From Financing Activities

$107.7 m($126.4 m)

Interest Paid

$51.1 m$92.3 m

Income Taxes Paid

$131.8 m$122.9 m

Free Cash Flow

$352 m$402.5 m
Y, 2016

Revenue/Employee

$1.2 m

Financial Leverage

5.9 x

LPL Financial Holdings Market Value History

LPL Financial Holdings Online Presence

LPL Financial Holdings News

LPL Financial Holdings Company Life

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