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Stock impact report

LPL Financial Announces First Quarter 2024 Results [Yahoo! Finance]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: Yahoo! Finance
Adjusted EPS* decreased year-over-year to 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 increased year-over-year to $1.44 trillion Advisory assets increased 28% year-over-year to $793 billion Advisory assets as a percentage of total assets increased to 55.0%, up from 52.8% a year ago Total organic net new assets were $17 billion , representing annualized growth Organic net new advisory assets were $16 billion, representing 9% annualized growth Recruited assets were $20 billion Recruited assets over the trailing twelve months were $87 billion. Prior to large institutions, recruited assets over the trailing twelve months were $75 billion, up approximately 57% from a year ago. Advisor count was , up sequentially and year-over-year Total client cash balances were $46 billion , a Show less Read more
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