LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company’s brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account. It also provides fee-based platforms that provide access to mutual funds, exchange traded funds, stocks, bonds, certain options strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. In addition, the company offers retirement solutions for commission and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, it provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services for estates and families; an advisor-facing trading and portfolio rebalancing platform; insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.
Growth Powerhouse | LPL Financial showcases impressive organic growth rates and strategic acquisitions, positioning itself as a leader in the investment advisory services secto |
Analyst Optimism | Price targets range from $358 to $490, with analysts eyeing potential S&P 500 inclusion as a catalyst for significant stock revaluation |
Competitive Edge | Explore LPL's market dominance through high advisor retention rates and successful expansion into new affiliation channels |
Financial Resilience | Delve into LPL's robust financial health, marked by strong profitability and cash flow management, despite cash balance fluctuations |
Metrics to compare | LPLA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipLPLAPeersSector | |
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P/E Ratio | 23.3x | 34.8x | 9.8x | |
PEG Ratio | 1.61 | 0.61 | 0.03 | |
Price/Book | 5.1x | 4.5x | 1.0x | |
Price / LTM Sales | 1.9x | 5.1x | 2.9x | |
Upside (Analyst Target) | 30.1% | 28.9% | 13.8% | |
Fair Value Upside | Unlock | 6.2% | 0.5% | Unlock |