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 September 14, 2026, LPLA stock price declined to $348.59 with 132,133 million shares trading.

LPLA has a beta of 0.74, meaning it tends to be less sensitive to market movements. LPLA has a correlation of 0.06 to the broad based SPY ETF.

LPLA has a market cap of $27.91 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, VXF, MOAT.

LPLA has underperformed the market in the last year with a price return of +0.6% while the SPY ETF gained +16.9%. However, in the short term, LPLA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +22.2% vs +3.5% return in SPY. But in the last 2 weeks, LPLA shares have been beat by the market, returning -6.0% compared to an SPY return of -1.0%.

LPLA support price is $346.97 and resistance is $360.59 (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.