LPL Financial Holdings Inc

NASDAQ LPLA

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LPL Financial Holdings Inc Market Capitalization on June 03, 2024: USD 21.36 B

LPL Financial Holdings Inc Market Capitalization is USD 21.36 B on June 03, 2024, a 39.11% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • LPL Financial Holdings Inc 52-week high Market Capitalization is USD 21.38 B on May 31, 2024, which is 0.09% above the current Market Capitalization.
  • LPL Financial Holdings Inc 52-week low Market Capitalization is USD 15.11 B on June 12, 2023, which is -29.29% below the current Market Capitalization.
  • LPL Financial Holdings Inc average Market Capitalization for the last 52 weeks is USD 18.06 B.
NASDAQ: LPLA

LPL Financial Holdings Inc

CEO Mr. Dan Hogan Arnold Jr., B.S., CPA, M.B.A.
IPO Date Nov. 18, 2010
Location United States
Headquarters 4707 Executive Drive, San Diego, CA, United States, 92121
Employees 8,724
Sector Financial Services
Industry Capital markets
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 enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance. The company also provides fee-based 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 money market products; 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 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.

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StockViz Staff

September 20, 2024

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