LPL FINANCIAL HOLDINGS INC (LPLA)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
$359.33-0.31%
Close 2026-09-04 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
QuarterlyIQ Insights · LPLA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -10.8% |
| Our one-year growth estimate | diamond | 16.7% |
Growth built into the price is above our model estimate.
The price assumes 27.5 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 27 industry peers
LPLA — director transition
Dated 2026-01-08
Director — Somesh Khanna: Mr. Khanna was elected as a director of the Company.
Why it matters: More recruited assets could mean better success in getting new advisors.
Supportive ifRecruited assets increase from $17 billion in Q1 to above $20 billion in Q2.
Worry ifRecruited assets keep falling. This shows there are still problems with recruitment.
Why it matters: Keeping the dividend shows the company is stable. It also shows care for shareholders.
Supportive ifDividend per share remains at $0.3 for the next quarter.
Worry ifDividend per share is cut below $0.3.
Why it matters: Updates on Core G&A show how well management controls costs.
Supportive ifCore G&A outlook is lower, showing better cost control.
Worry ifCore G&A outlook stays the same or goes up, showing cost control problems.
Why it matters: A drop in revenue growth signals a slowdown in the financial sector. This could impact LPL's performance.
Worry ifLPL's revenue growth falls below the median of its historical range.
Less concerning ifRevenue growth is higher than average. This shows the company is still strong.
Why it matters: Keeping the dividend shows that the company is stable. It also shows they care about shareholders.
Supportive ifThe Board declares a $0.30 dividend per share for Q3 2026.
Worry ifThe dividend is cut or suspended.
Why it matters: Continued growth in operating income shows that the company is on track with its growth goals.
Supportive ifOperating income for Q2 2026 increases year over year from $368.8 million.
Worry ifOperating income for Q2 2026 decreases year over year or remains flat.
Why it matters: A drop in revenue growth signals a potential slowdown in the financial sector. This could impact LPL's performance.
Worry ifRevenue growth reported below 15%.
Less concerning ifRevenue growth remains at or above 15%.
Why it matters: Successful onboarding could boost LPL's assets and revenue. It is a key growth priority.
Supportive ifCommonwealth onboarding is done. The asset retention rate is 90% or higher.
Worry ifOnboarding fails or retention rate drops below 80%.
Why it matters: Higher expenses could signal cost management issues. Keeping costs down is a priority.
Worry ifCore G&A expenses reported below $2,140 million.
Less concerning ifCore G&A expenses exceed $2,165 million.
Why it matters: Successful repurchases show confidence in the company’s finances. They can help the stock price.
Supportive ifManagement buys back shares worth $300 million or more in Q3.
Worry ifShare repurchases fall below $200 million in Q3.
Why it matters: Slower growth in client assets may mean less demand or more competition.
Worry ifTotal client assets grow year-over-year by 30% or more.
Less concerning ifTotal client assets grow year-over-year by less than 30%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$138 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $436 loss on $10,000 · 4.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,226 loss on $10,000 · 32.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.