LPL Financial (NASDAQ: LPLA) — Company Overview, News & Financial Data
LPL Financial delivers tools and technology to financial advisors for personalized investment management solutions.
LPL Financial
LPL Financial is a financial services firm providing technology, brokerage, clearing, compliance, custody, and practice management solutions to independent financial advisors and financial institutions across the United States. Operating as an independent broker-dealer and registered investment advisor, the company supports financial professionals in delivering wealth management, retirement planning, investment advisory, risk management, and credit solutions to individual investors. Servicing over eight million end-investors and managing over two trillion dollars in assets, the firm acts as a foundational service provider for independent financial practices, credit unions, and community banks nationwide.
Snapshot
Operations
Products and/or services of LPL Financial
- Independent Advisor Services: Provision of comprehensive technology platforms, custody, clearing, compliance oversight, and practice management solutions for over 32,000 independent financial advisors operating across the United States to manage advisory practices.
- Institution Wealth Programs: Delivery of turnkey wealth management and brokerage solutions for credit unions, community banks, and regional banking institutions, providing infrastructure, custodial framework, and regulatory supervision for institutional wealth practices.
- Investment Advisory and Custody: Wealth management and fee-based advisory platform services allowing advisors to build tailored portfolios, access third-party asset managers, and execute personalized financial planning for millions of individual investors nationwide.
- Brokerage and Clearing Services: Execution, clearing, and trade settlement services for equity, fixed income, mutual fund, and structured product transactions, backed by centralized account administration, custodian reporting, and trade clearing infrastructure across American financial markets.
- Banking and Lending Solutions: Integrated cash management, deposit sweep programs, margin lending, and securities-backed credit facilities that combine liquidity management, credit products, and investment accounts into unified reporting views for client accounts.
- Business Solutions and Consulting: Specialized administrative, operational, and strategic services including marketing support, outsourced chief investment officer advisory, estate and trust planning, and practice succession consulting for financial firm owners and institution leadership.
LPL Financial executive team
- Mr. Richard SteinmeierCEO & Director
- Mr. Matthew Jon Audette B.S.President & CFO
- Mr. Greg GatesMD and Chief Technology & Information Officer
- Mr. Matthew K. EnyediMD & Chief Client Officer
- Ms. Judith Kohoskie RickettsExecutive Vice President of Operations
- Mr. Marc Andrew Zabicki C.F.A.Chief Investment Officer
- Ms. Katharine ReepingSenior VP, Controller & Chief Accounting Officer
- Mr. Matthew MorningstarGroup MD & Chief Legal Officer
- Ms. Sara DadyarMD & Chief Human Resources Officer
- Robert KrivitSenior VP & Head of Trading