LPL Financial Holdings Inc. (LPLA)

114.93 -1.87 (-1.60%) At close: 4:00PM EST

LPL Financial Holdings Inc.

4707 Executive Drive
San Diego, CA 92121
United States
800-877-7210
http://www.lpl.com

Sector(s): Financial Services
Industry: Capital Markets
Full Time Employees: 4,504

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Dan Hogan Arnold Jr., B.S., M.B.A., C.P.A.	Pres, CEO & Director	3.37M	4.83M	1964
Mr. Matthew Jon Audette B.S.	Chief Financial Officer	2.03M	N/A	1975
Mr. Scott Alan Seese	MD & Chief Information Officer	1.55M	N/A	1970
Mr. Richard Steinmeier	MD & Divisional Pres of Bus. Devel.	1.48M	N/A	1974
Mr. Dayton Semerjian	MD & Chief Customer Care Officer	1.61M	N/A	1965
Ms. Judith Kohoskie Ricketts	Exec. VP of Operations	N/A	N/A	N/A
Mr. George Burton White	MD of Investor & Investment Solutions and Chief Investment Officer	N/A	N/A	1970
Mr. Brent Blain Simonich	Exec. VP, Chief Accounting Officer & Treasurer	N/A	N/A	1971
Mr. Chris Koegel	Sr. VP of Investor Relations	N/A	N/A	N/A
Ms. Michelle B. Oroschakoff	MD & Chief Legal Officer	N/A	N/A	1962

Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and business development companies. The company also provides advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers cash sweep programs; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.

Corporate Governance

LPL Financial Holdings Inc.’s ISS Governance QualityScore as of January 22, 2021 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.