LPL Financial Holdings Inc.’s (LPLA) solid advisor productivity, recruiting efforts and inorganic expansion initiatives are expected to continue to aid the top line. However, increasing expenses are likely to hurt the company’s bottom line in the near term.LPLA’s Key Growth DriversSolid Advisor Productivity: LPLA benefits from its efforts to increase its client base. The company’s advisory revenues, which constitute more than 43% of total revenues, witnessed a five-year (2018-2023) compound annual growth ra ...