LPLA - LPL Financial Holdings Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

LPL Financial Holdings Inc.

75 State Street
22nd Floor
Boston, MA 02109
United States

SectorFinancial Services
IndustryCapital Markets
Full Time Employees4,299

Key Executives

NameTitlePayExercisedYear Born
Mr. Dan Hogan Arnold Jr.Pres, CEO & Director3.26M693.28k1964
Mr. Matthew Jon AudetteChief Financial Officer2.05MN/A1975
Mr. George Burton WhiteMD of Investor & Investment Solutions and Chief Investment Officer1.4M2.33M1970
Mr. Scott Alan SeeseMD & Chief Information Officer1.87MN/A1970
Mr. Richard SteinmeierMD & Divisional Pres of Bus. Devel.1.17MN/A1974
Amounts are as of December 31, 2018 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.


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 529 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 fee-based 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; and trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services. 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 Boston, Massachusetts.

Corporate Governance

LPL Financial Holdings Inc.’s ISS Governance QualityScore as of July 29, 2019 is 1. The pillar scores are Audit: 1; 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.