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 teacher. Nee ...

财务数据和关键指标变化 - 总资产增加至1.4万亿美元,主要由于持续的有机增长和股票市场上涨 [10] - 第一季度有机净新资产为170亿美元,约5%的年化增长率 [10] - 过去12个月有机净新资产为960亿美元,约8%的增长率 [10] - 第一季度调整后每股收益为4.21美元 [12] 各条业务线数据和关键指标变化 - 传统独立市场招募资产达到新的季度高点,约150亿美元 [14] - 新的联属模式(战略财富、员工和增强的RAA)招募约20亿美元资产 [15] - 传统银行和信用社市场招募约30亿美元资产 [16] - 大型机构市场方面,公司宣布Wintrust Financial和Prudential Financial将加入公司的机构服务平台 [16] 各个市场数据和关键指标变化 - 公司宣布计划收购Atria Wealth Solutions,这将为Atria的2,400名顾问和150家银行及信用社带来公司的差异化能力、技术和服务 [17] - 公司的流动性和继承解决方案需求持续增长,包括与外部实践签署的首笔交易 [17] 公司战略和发展方向及行业竞争 - 公司的长期愿景是成为顾问中心市场的领导者,通过横向扩展和垂直整合来实现 [13][14] - 公司持续投资于平台,提供更多灵活的顾问联属模式,并提供帮助顾问成功的能力和服务 [13][14] - 公司在投资替代产品、改善客户体验、增强服务组合等方面持续投入 [18][19][20][22][23][24] - 公司认为其在大型机构市场的经验和能力为其带来了优势 [80][81] 管理层对经营环境和未来前景的评论 - 公司对未来保持乐观,认为其差异化的价值主张和持续的投资将推动长期股东价值 [25] - 公司看好其在传统和新兴市场的持续增长机会 [27][28][30] 问答环节重要的提问和回答 问题1 **Devin Ryan 提问** 询问招募资产与有机净新资产之间的差异以及未来的招募前景 [45][46][47][50] **Dan H. Arnold 回答** 解释了第一季度有机增长略低于预期的原因,以及公司在传统和新兴市场的强劲招募势头 [46][47][50] 问题2 **Alex Blostein 提问** 询问流动性和继承解决方案的现状和未来发展,以及与大型机构业务的权衡 [63][64][65][66][67] **Dan H. Arnold 和 Matthew J. Audette 回答** 解释了流动性和继承解决方案的经济和战略价值,以及公司在大型机构业务方面的优势和未来发展 [66][67][80][81] 问题3 **Steven Chubak 提问** 询问客户现金余额的展望以及续约固定利率合同的情况 [86][87][88][89][90] **Matthew J. Audette 回答** 解释了客户现金余额的季节性变动以及续约固定利率合同的预期情况 [88][89][90]

For the quarter ended March 2024, LPL Financial Holdings Inc. (LPLA) reported revenue of $2.83 billion, up 17.2% over the same period last year. EPS came in at $4.21, compared to $4.49 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.68 billion, representing a surprise of +5.89%. The company delivered an EPS surprise of +11.67%, with the consensus EPS estimate being $3.77. While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

LPL FINANCIAL HOLDINGS INC. Q1 2024 INVESTOR PRESENTATION April 30, 2024 ...

LPL Financial Holdings Inc. (LPLA) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $3.77 per share. This compares to earnings of $4.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.67%. A quarter ago, it was expected that this company would post earnings of $3.33 per share when it actually produced earnings of $3.51, delivering a surprise of 5.41%. Over the last four quarters, ...

For Immediate Release LPL Financial Announces First Quarter 2024 Results Key Financial Results • Net Income was $289 million, translating to diluted earnings per share ("EPS") of $3.83, down 10% from a year ago • Adjusted EPS* decreased 6% year-over-year to $4.21 ◦ Gross profit* increased 5% year-over-year to $1,066 million ◦ Core G&A* increased 11% year-over-year to $364 million ◦ Adjusted EBITDA* decreased 5% year-over-year to $541 million Key Business Results • Total advisory and brokerage assets increas ...

Wall Street analysts forecast that LPL Financial Holdings Inc. (LPLA) will report quarterly earnings of $3.77 per share in its upcoming release, pointing to a year-over-year decline of 16%. It is anticipated that revenues will amount to $2.68 billion, exhibiting an increase of 10.6% compared to the year-ago quarter. The current level reflects an upward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively ...

SAN DIEGO, April 29, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors at Strategic Wealth Partners have joined LPL Financial's broker-dealer, RIA and custodial platforms. The team reported serving approximately $860 million in advisory, brokerage and retirement plan assets* and joins LPL from Lincoln Financial. With 25 years of financial planning experience, Strategic Wealth Partners owner Ryan Rayburn, CFP®, occupied various leadership, recruitment and mentorship roles throughou ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? LPL Financial Holdings Inc. (LPLA) , which belongs to the Zacks Financial - Investment Bank industry, could be a great candidate to consider. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.79%. For the most r ...

SAN DIEGO , April 25, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Justin Souma, CFP®, AAMS®, has returned to LPL Financial's broker-dealer, RIA and custodial platforms. He reported serving approximately $190 million in advisory, brokerage and retirement plan assets* and joins LPL from Benjamin F. Edwards & Co. With the move, Souma launches Hickory Ridge Wealth Advisors, a new independent practice in Highlands, N.C., where he provides comprehensive investment planning an ...