LPL FINANCIAL HOLDINGS INC. Q2 2024 INVESTOR PRESENTATION July 25, 2024 LPL Financial Member FINRA/SIPC 1 LPL Financial Member FINRA/SIPC Notice to Investors: Safe Harbor Statement Statements in this presentation regarding LPL Financial Holdings Inc.'s (together with its subsidiaries, the "Company") future financial and operating results, growth, priorities, business strategies, capabilities, and outlook, including forecasts and statements relating to the Company's future advisory and brokerage asset levels ...

财务业绩 - 净收入为2.44亿美元，每股摊薄收益为3.23美元，同比下降12%[2] - 调整后每股收益下降2%至3.88美元[2] - 公司2024年第二季度总收入为57.64亿美元，同比增长18%[20] - 2024年第二季度净收入为5.33亿美元，同比下降15%[20] - 2024年第二季度每股收益为7.05美元，同比下降11%[20] - 2024年第二季度毛利为10.79亿美元，同比增长9%[22] - 2024年第二季度调整后EBITDA为5.33亿美元，同比增长2%[23] - 2024年第二季度调整后每股收益为3.88美元，同比下降2%[23] 资产管理规模 - 总资产管理规模增长21%至1.5万亿美元[3] - 资产管理资产增长25%至8290亿美元，占总资产的55.4%[3] - 公司总资产管理规模达到1,497.8亿美元，同比增长4%[26] - 公司自营资产管理规模达到829.1亿美元，同比增长5%[26] - 公司经纪资产管理规模达到668.7亿美元，同比增长3%[26] - 公司集中管理资产规模达到126.9亿美元，同比增长4%[29] 资产流入 - 有机净新资产流入290亿美元，年化增长8%[3] - 新招募资产240亿美元，过去12个月新招募资产930亿美元，同比增长约55%[3] - 公司净新增自营资产达到26.8亿美元，净新增经纪资产达到7.2亿美元[30] - 公司有机净新增自营资产达到26.6亿美元，有机净新增经纪资产达到2.5亿美元[31] - 公司自营资产年化增长率为8.8%，总有机净新资产年化增长率为4.9%[32] 顾问团队 - 顾问人数增加1520人至23,462人[3] - 公司新增顾问578名，同比增长37%[58] - 每位顾问的年化咨询费和佣金收入为35.8万美元，同比增长19%[58] 客户现金 - 客户现金余额440亿美元，占总资产的2.9%[3] - 公司客户现金余额为44.0亿美元，占总资产的2.9%[36] - 公司银行存款类客户现金余额为40.2亿美元，同比下降4%[36] - 公司客户现金账户余额为1.5亿美元，同比下降29%[36] - 公司更新了客户现金账户余额的定义，排除了其他应付款[25] 收购与整合 - 完成10亿美元的债券发行，用于收购Atria Wealth Solutions[5] - 与两家大型OSJ机构分离，涉及资产约200亿美元[5] - 公司预计将有价值约16亿美元的资产从转移到公司的主要经纪商子公司LPL Financial[71] - 公司在过去12个月内进行了多次收购，并对收购的预期EBITDA进行了调整[37] 其他财务指标 - 公司的毛利是一个非GAAP财务指标，在2024年第二季度为10.792亿美元[72] - 公司的佣金支付率在2024年第二季度为87.32%[73] - 公司的客户现金收入在2024年第二季度为3.415亿美元[74] - 公司的利息收入净额在2024年第二季度为4.748亿美元[77] - 公司的其他收入在2024年第二季度为1.414亿美元[79] - 公司的核心一般及管理费用在2024年第二季度为3.709亿美元[80] - 公司的EBITDA和经调整EBITDA在2024年第二季度分别为4.96亿美元和5.329亿美元[82] - 公司计算信贷协议EBITDA时可能会对前几个季度进行进一步调整[27] - 公司在2023年9月30日的三个月内确认了4000万美元的监管罚款[36] - 公司的订阅服务包括专业服务、业务优化和规划建议等[31] - 公司的总资产保留率为[32]

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider LPL Financial Holdings Inc. (LPLA) . This company, which is in the Zacks Financial - Investment Bank industry, shows potential for another earnings beat.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 8.54 ...

Wall Street analysts forecast that LPL Financial Holdings Inc. (LPLA) will report quarterly earnings of $3.71 per share in its upcoming release, pointing to a year-over-year decline of 5.8%. It is anticipated that revenues will amount to $2.83 billion, exhibiting an increase of 14.4% compared to the year-ago quarter.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectivel ...

SAN DIEGO, July 18, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Alex Williams, CFP®, has joined LPL Financial's broker-dealer, RIA and custodial platforms to launch a new independent practice, Stable Wealth. He reported serving approximately $170 million in advisory, brokerage and retirement plan assets* and joins LPL from Edward Jones. Based in Olympia, Wash., Williams is a 25-year veteran of the financial services industry and past regional leader who enjoys putting t ...

SAN DIEGO, July 16, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced the addition of Sushil "Sid" Vyas as Executive Vice President and Chief Technology Officer of Infrastructure and Operations. In his role, Vyas will oversee the stability and reliability of LPL's operating platforms. He reports to Greg Gates, Managing Director, Chief Technology and Information Officer, and is based at LPL's Fort Mill campus in South Carolina. Vyas joins LPL from Mizuho Americas where he most recently served as chi ...

SAN DIEGO, July 15, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors with Summit Planning Group have joined LPL Financial's broker-dealer, RIA and custodial platforms. The team reported having served approximately $750 million in advisory, brokerage and retirement plan assets* and joins LPL from Lincoln Financial. Founded in 1995, Summit Planning Group brings together a diverse group of advisors with backgrounds in accounting, finance, tax and investments who work together to add ...

SAN DIEGO, July 10, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Justin Gore, J.D., and Michael Fusco, CRPC®, have joined LPL Financial's broker-dealer, RIA and custodial platforms to launch a new independent practice, Integrity Financial Group. They reported serving approximately $475 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise. The advisors are longtime friends who teamed up in 2021 to expand their services and grow their pr ...

文章核心观点 - 经济增长持续超出预期,但预计下半年将出现放缓,消费支出和就业市场将有所软化[3][4] - 美国总统大选临近,市场预计将出现较大波动,但长期来看,经济基本面和企业健康状况仍是市场和经济的关键驱动因素[5] - 地缘政治局势和贸易政策,特别是美中之间的关系,将继续影响全球市场动态和投资策略[6] 投资展望 固定收益 - 国债收益率已接近数十年来的最高水平,固定收益成为一个有吸引力的资产类别[7] - 投资者应该关注收益而非价格增值,因为联储预计将在年底前降息[7] 股票 - 今年上半年股市录得强劲涨幅,主要得益于预期联储将放松政策和企业盈利强劲增长[8] - 但估值水平较高且可能出现波动(尤其是美国总统大选),投资者应采取更加谨慎的态度[8]

SAN DIEGO, July 08, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that father and daughter financial advisors Dan Countiss and Olivia Countiss CEPA, AAMS, have joined LPL Financial's broker-dealer, RIA and custodial platforms to launch a new independent practice, Countiss Wealth Management. They reported serving approximately $200 million in advisory, brokerage and retirement plan assets* and join LPL from Edward Jones. Based in Flowood, Miss., the advisors have nearly 25 years of combined expe ...