LPLA Stock Summary and Trading Ideas (LPL Finl Hldgs | NASDAQ:LPLA)

LPL Financial is the largest US independent broker/dealer, with more than 32,000 financial advisors, roughly 11 million customer accounts, and roughly $2.4 trillion in client assets under management or advisory affiliated with its platform at the end of 2025. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees, commissions, and asset-based fees. LPL specializes in providing turnkey wealth management services for affiliated independent advisors, but maintains a diverse array of affiliation modalities, running the gamut from more traditional employee models to a pure RIA custody approach. It earns tuck-in revenue from recordkeeping fees and the provision of software tools and services to its advisor base.

LPL Finl Hldgs trades on the NASDAQ stock market under the symbol LPLA.

As of August 24, 2026, LPLA stock price climbed to $364.18 with 364,190 million shares trading.

LPLA has a beta of 0.79, meaning it tends to be less sensitive to market movements. LPLA has a correlation of 0.07 to the broad based SPY ETF.

LPLA has a market cap of $29.16 billion. This is considered a Large Cap stock.

Last quarter LPL Finl Hldgs reported $5 billion in Revenue and $5.60 earnings per share. This beat revenue expectation by $171 million and exceeded earnings estimates by $.19.

In the last 3 years, LPLA traded as high as $403.58 and as low as $187.19.

The top ETF exchange traded funds that LPLA belongs to (by Net Assets): VTI, VO, VUG, MOAT, VXF.

LPLA has underperformed the market in the last year with a return of +1.1%, while SPY returned +21.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in LPLA shares. However, LPLA has outperformed the market in the last 3 month and 2 week periods, returning +26.6% and +0.5%, while SPY returned +3.1% and -1.3%, respectively. This indicates LPLA has been having a stronger performance recently.

LPLA support price is $355.13 and resistance is $367.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LPLA shares will trade within this expected range on the day.