For Immediate Release LPL Financial Announces Fourth Quarter and Full Year 2025 Results Fourth Quarter 2025 Key Financial Results: Key Business Results: Key Capital and Liquidity Measures: Full Year 2025 Key Financial Results: Key Business & Capital and Liquidity Results: *See the Non-GAAP Financial Measures section and the endnotes to this release for further details about these non-GAAP financial measures 1 • Net income was $301 million, translating to diluted earnings per share ("EPS") of $3.74, up 4% fr ...

Key Business Results - Net income for Q4 2025 was $301 million, translating to diluted EPS of $3.74, a 4% increase from Q4 2024 [3][7] - Adjusted EPS increased 23% year-over-year to $5.23 [3] - Gross profit rose 26% year-over-year to $1,542 million [3] - Total advisory and brokerage assets increased 36% year-over-year to $2.4 trillion [3] - Total organic net new assets were $23 billion, representing a 4% annualized growth [3] Key Financial Results - For the full year 2025, net income was $863 million, translating to diluted EPS of $10.92, down 22% from the previous year [3][23] - Adjusted EPS for the year increased 22% year-over-year to $20.09 [3] - Gross profit for the year increased 24% year-over-year to $5.60 billion [3] - Total organic net new assets for the year were $147 billion, representing an 8% growth rate [3] Key Capital and Liquidity Measures - Corporate cash stood at $470 million [3] - Leverage ratio was 1.95x [3] - Dividends paid in Q4 2025 were $24 million, with a total of $94 million for the year [3] M&A Updates - The company is on track to complete the conversion of Commonwealth Financial Network in Q4 2026, expecting asset retention of approximately 90% and run-rate EBITDA of approximately $425 million [3] Market Performance - The S&P 500 Index at the end of Q4 2025 was 6,846, a 2% increase from Q3 2025 [31] - Total advisory assets reached $1.4 trillion, a 46% increase year-over-year [3][31] - Client cash balances increased to $61 billion, up $5 billion sequentially and $6 billion year-over-year [3]

The upcoming report from LPL Financial Holdings Inc. (LPLA) is expected to reveal quarterly earnings of $4.82 per share, indicating an increase of 13.4% compared to the year-ago period. Analysts forecast revenues of $4.81 billion, representing an increase of 36.8% year over year.The consensus EPS estimate for the quarter has been revised 1.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this t ...

Milestone highlights LPL’s enduring commitment to financial planning innovation and leadershipSAN DIEGO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, today announced that 6,200 LPL-affiliated financial advisors have earned the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation as of December 31, 2025 — the most of any firm in the industry. This achievement reflects LPL’s continued investment in the technology, services and infrastructure that define the modern advisor ...

Core Insights - LPL Financial LLC has announced the launch of Moto Wealth Partners by wealth advisors Breanne Bovara and Derrick Petry, who previously managed approximately $2 billion in advisory, brokerage, and retirement plan assets [1][2] Company Overview - Moto Wealth Partners is based in Cincinnati and Dayton, Ohio, and focuses on serving high-net-worth and ultra-high-net-worth families across the country, with a strong presence in its local markets [2] - The founding advisors bring nearly 40 years of combined industry experience, aiming to provide a boutique wealth advisory experience that combines personal connection with institutional rigor [2] Advisory Philosophy - The firm believes that wealth is multidimensional, impacting family, values, purpose, and legacy, and emphasizes a dynamic and proactive approach to financial planning [3] - Services include planning, goal identification, cash flow analysis, tax strategy development, and estate structuring, with a focus on simplifying complexity and enhancing client decision-making [3] Partnership with LPL Financial - The team chose to partner with LPL Financial for its independence, fiduciary flexibility, scale, technology, and resources [4] - LPL Financial provides operational freedom and sophisticated tools that enhance the client experience, allowing advisors to focus on personalized, planning-first strategies [5] - The partnership is expected to streamline operations and improve efficiency, enabling the advisors to build meaningful relationships and address complex financial challenges [5] LPL Financial Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and approximately 1,100 financial institutions [7] - The firm services and custodies around $2.3 trillion in brokerage and advisory assets for approximately 8 million Americans, offering a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services [7]

Core Insights - LPL Financial has welcomed financial advisors Jeffrey J. Wilson and Michael Sadowski from Wilson Peak Wealth Management, who will utilize LPL's broker-dealer and RIA platform to enhance their growth [1][5] - Wilson Peak Wealth Management manages approximately $150 million in advisory, brokerage, and retirement plan assets, transitioning from Wells Fargo Advisors [1][9] Company Overview - Wilson Peak Wealth Management, based in Upper Saddle River, New Jersey, was founded by Jeffrey J. Wilson, who has 20 years of industry experience [2] - The firm specializes in comprehensive financial planning services, focusing on tax and estate planning strategies for a diverse clientele, including professionals, retirees, and families [2] Service Philosophy - The firm emphasizes independence, allowing for tailored, premium service to clients, with a structured approach that includes a multiple-step client process and proactive communication [3][4] - Wilson highlighted the importance of having the freedom to choose technology and planning tools that best serve their clients, which is facilitated by LPL Financial's support for independent advisors [4] Industry Context - LPL Financial is recognized as one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and managing approximately $2.3 trillion in assets [7] - The firm offers a variety of advisor affiliation models and technology resources, enabling advisors to operate successful practices [7]

Core Viewpoint - The U.S. 10-year Treasury yield reached its highest point since late August at 4.313%, closing at 4.287% after a rise of 5.6 basis points, indicating a potential upward trend in yields [1] Group 1 - The 10-year Treasury yield has broken through the key technical level of 4.20%, which may pave the way for a challenge of the resistance level around 4.50% [1] - Factors contributing to the movement in U.S. Treasury yields include a significant sell-off in Japanese bonds, threats from Trump's tariffs, and momentum from the yield closing above the important technical level of 4.20% [1]

Core Insights - LPL Financial has welcomed the financial advisors of Oak Bridge Financial, which manages approximately $230 million in advisory, brokerage, and retirement plan assets, transitioning from Ameriprise [1] Company Overview - Oak Bridge Financial, based in Houston, was founded in 2007 by Peter Goudeau Jr. and Larry Boyd, who collectively have 45 years of industry experience [2] - The firm serves a nationwide clientele, focusing on high-net-worth professionals, including physicians, attorneys, Olympic athletes, entrepreneurs, and business owners [2] Team Expertise - Oak Bridge's team comprises advisors with diverse backgrounds in real estate, computer science, banking, and engineering, allowing for a broader perspective in crafting client strategies [3] Client Experience - The firm emphasizes an end-to-end client experience, managing portfolios in-house and conducting all research, modeling, and trading [4] - Oak Bridge aims to provide immediate and transparent access to client information, facilitated by LPL's robust infrastructure and technology tools [5] Strategic Decision - The transition to LPL was driven by a desire for operational flexibility and technological innovation, allowing Oak Bridge to maintain full ownership of client relationships and business processes [4][5] - LPL Financial is committed to supporting Oak Bridge with innovative technology and comprehensive business solutions [5] LPL Financial Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and managing approximately $2.3 trillion in brokerage and advisory assets [7]

Group 1 - A significant potential risk is accumulating in the Asian market as Japan's new Prime Minister, Sanna Takashi, is considering an early election to strengthen her party's control, which may lead to aggressive fiscal spending policies [1] - The annual budget for Japan is projected to reach approximately 122.3 trillion yen (about 783 billion USD), raising concerns about fiscal deficits and debt financing pressures [1] - The Japanese yen has weakened significantly, trading at 158.91 against the USD, marking a nearly 13% depreciation over the past eight months [1] Group 2 - The Japanese stock market has reacted positively to Takashi's pro-business stance, with the Nikkei 225 index rising nearly 9% since her election, reaching a historical high of 53,549 points [2] - There is a divergence between the government's fiscal expansion stance and the Bank of Japan's tightening policy, which adds pressure on the yen [2] - The Japanese Finance Minister has communicated concerns about the yen's depreciation with the U.S. Treasury Secretary, who acknowledged these worries [2] Group 3 - The attractiveness of the yen carry trade is diminishing due to rising Japanese government bond yields and narrowing interest rate differentials between Japan and the U.S. [3] - A potential intervention by the Japanese Finance Ministry could lead to a rapid market correction, triggering concentrated sell-offs in other asset markets [3] - The scale of the yen carry trade is estimated to be between 1.3 trillion to 1.7 trillion USD, posing significant risks to investors [3]

Core Insights - LPL Financial has appointed Suzanne Elovic as executive vice president, head of supervision, and Mike Murphy as executive vice president, head of service, both based in New York [1][6] Group 1: Leadership Appointments - Suzanne Elovic will enhance LPL's supervision experience, focusing on scaling oversight for efficiency and proactive supervisory engagement [2] - Mike Murphy will oversee frontline service teams, aiming to elevate advisor, client, and employee experiences through robust program design [4] Group 2: Leadership Backgrounds - Suzanne Elovic brings over 30 years of financial services experience, having held leadership roles in legal and compliance at organizations like FINRA and UBS, and holds a juris doctor from Cardozo School of Law [3] - Mike Murphy has extensive experience in financial services, previously serving as chief operations officer at LongBridge Securities and managing director at E*TRADE, with a Bachelor of Science in Economics [5] Group 3: Company Overview - LPL Financial is one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and managing approximately $2.3 trillion in brokerage and advisory assets for around 8 million Americans [7]