| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 2.8B | +7% |
| Operating Income | 374.2MM | +27% |
| Operating Expenses | 2.5B | - |
| Net Income | 288.8MM | +33% |
| Compensation | 274.4MM | +1% |
| Technology | 19.7MM | +11% |
| Professional Service | 13.3MM | -38% |
| Amortization | 29.6MM | +3% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
SAN DIEGO, May 06, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Matt Sheffield has launched a new independent practice, Burlwood Wealth, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services. He reported having served approximately $275 million in advisory, brokerage and retirement plan assets* and joins LPL from UBS. After beginning his career in Silicon Valley, followed by a brief stint in medical sales, Sheffi
Inflation adjustments this tax season mean that many Americans could get larger refunds than they expected, so what should they do with the extra money? LPL Financial has lured away a two-advisor team from Lincoln Financial that oversaw $860 million in client assets. The team, Strategic Wealth Partners, exits Lincoln just ahead of that company’s planned sale of its wealth unit to Osaic this summer.
LPL Financial Holdings Inc. ( NASDAQ:LPLA ) investors will be delighted, with the company turning in some strong...
SAN DIEGO, May 02, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Mitchell “Mitch” and Wesley “Wes” McCann have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $240 million in advisory, brokerage and retirement plan assets*, and join LPL from Ameriprise. With the move, the father and son team launch Guardian Partners Wealth Management, an independent financial practice based in the Detroit suburb of Bloomf
LPL Financial is making strides with its program to buy retiring advisors’ practices, the company’s CEO, Dan Arnold said Tuesday. The wealth management company, which operates the nation’s largest independent broker-dealer, has bought out 27 practices so far, including its first non-LPL practice, Arnold said, while discussing the company’s first-quarter results on a conference call. The company said revenue rose 17% year over year to $2.8 billion and expenses increased 25% to $2.4 billion.
LPL Financial Holdings Inc. (NASDAQ:LPLA) Q1 2024 Earnings Call Transcript April 30, 2024 LPL Financial Holdings Inc. misses on earnings expectations. Reported EPS is $3.51 EPS, expectations were $3.77. LPL Financial Holdings Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
SAN DIEGO, May 01, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Timothy J. Heisterkamp, CFP®, and Max Neese, CFP® have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $200 million in advisory, brokerage and retirement plan assets* and join LPL from Cambridge. Heisterkamp, an advisor since 1998, built the Jefferson, Iowa-based practice from the ground up after an initial career as a high school economics
Q1 2024 LPL Financial Holdings Inc Earnings Call
Higher revenues and brokerage and advisory assets balance support LPL Financial's (LPLA) Q1 earnings, while a rise in expenses acts as an undermining factor.
The headline numbers for LPL Financial (LPLA) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.