With 31 years of financial services experience, Rizza's unique background includes playing professional baseball within the Oakland A's minor league system followed by more than three years as an accountant at a CPA firm in New York City. "As I learned more about the financial services industry, I fell in love with the idea of helping families plan for a more secure financial future," said Rizza, who grew his business organically by word of mouth. The move to LPL was driven by Rizza's desire for enhanced se ...

Charles Schwab's (SCHW) second-quarter 2024 adjusted earnings of 73 cents per share met the Zacks Consensus Estimate. The bottom line, however, declined 3% from the prior-year quarter. As of Jun 30, 2024, LPL Financial's total brokerage and advisory assets were $1,497.8 billion, up 21% year over year. SCHW's results benefited from the solid performance of the asset management business, which drove revenues. The absence of fee waivers and solid brokerage account numbers acted as tailwinds. However, higher fu ...

View all Key Company Metrics for LPL Financial here>>> Shares of LPL Financial have returned -17.4% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. LPL Financial Holdings Inc. (LPLA) reported $2.93 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 18.8%. EPS of $3.88 for the same period compares to $3.94 a year a ...

LPL Financial Holdings Inc. (NASDAQ:LPLA) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Dan Arnold - President and Chief Executive Officer Matt Audette - Chief Financial Officer and Head of Business Operations Conference Call Participants Steven Chubak - Wolfe Research Devin Ryan - Citizens JMP Alex Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Kyle Voigt - KBW Michael Cho - J.P. Morgan Dan Fannon - Jefferies Brennan Hawken - UBS Operator Good afternoon, and thank ...

LPL Financial Holdings Inc. (LPLA) came out with quarterly earnings of $3.88 per share, beating the Zacks Consensus Estimate of $3.66 per share. This compares to earnings of $3.94 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's c ...

† 2023 Cerulli Broker-Dealer Marketplace • We serve the advisor-mediated marketplace as the largest independent broker-dealer in the U.S.† and a top custodian • We provide advisors with the front-, middle- and back-office support they need to serve the large and growing market for comprehensive financial advice What we do Our mission and vision Vision • Independent Advisors: ~13,400 • Institution channel: ~$350B 1 Industry leader in the advisor-mediated marketplace Industry-leading scale (end of period) $76 ...

Investor Relations investor.relations@lplfinancial.com 2 These and any other statements that are not related to present facts or current conditions, or that are not purely historical, constitute forward-looking statements. They reflect the Company's expectations and objectives as of July 25, 2024 and are not guarantees that expectations or objectives expressed or implied will be achieved. The achievement of such expectations and objectives involves risks and uncertainties that may cause actual results, leve ...

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 8.5 ...

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 collectively reappraised their initial projections over this period. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. Analysts forecast 'Revenue- Advisory' to reach $1.26 b ...

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 ...