Welcome to our dedicated page for Lpl Financial SEC filings (Ticker: LPLA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
LPL Financial Holdings Inc. filings document the operating results, governance and capital structure of a publicly traded wealth management platform. Form 8-K reports include quarterly earnings releases with disclosures on net income, EPS, gross profit, expenses, client assets, advisory assets, organic net new assets, recruited assets, client cash balances, liquidity, leverage and dividends.
Proxy and material-event filings cover board composition, director independence, director compensation policies, executive-officer transitions, consulting agreements, stock-based compensation arrangements, shareholder voting matters and capital-structure disclosures for LPLA common stock listed on the Nasdaq Global Select Market.
LPL Financial Holdings Inc. director Somesh Khanna filed an initial Form 3 reporting his relationship to the company as a director. The filing states that no securities of LPL Financial are beneficially owned. The form is signed by an attorney-in-fact, Robert S. Hatfield III, acting under a power of attorney dated January 9, 2026.
LPL Financial Holdings Inc. reported that its board of directors elected Somesh Khanna as a director, effective January 5, 2026. The board determined that he is independent under Nasdaq listing standards, meaning he meets the exchange’s criteria for an outside director.
Khanna will receive a pro-rated annual service retainer under LPL Financial’s non-employee director compensation policy, with cash and restricted shares of common stock to be granted on February 1, 2026, based on that policy. The restricted shares are scheduled to vest in full on May 13, 2026. The company also issued a press release titled “Somesh Khanna Elected to LPL Financial Board of Directors” describing this board change.
LPL Financial Holdings Inc. reported that its board of directors elected Somesh Khanna as a director, effective January 5, 2026. The board determined that he is independent under Nasdaq listing standards, meaning he meets the exchange’s criteria for an outside director.
Khanna will receive a pro-rated annual service retainer under LPL Financial’s non-employee director compensation policy, with cash and restricted shares of common stock to be granted on February 1, 2026, based on that policy. The restricted shares are scheduled to vest in full on May 13, 2026. The company also issued a press release titled “Somesh Khanna Elected to LPL Financial Board of Directors” describing this board change.
LPL Financial Holdings Inc. reported that its board of directors elected Somesh Khanna as a director, effective January 5, 2026. The board determined that he is independent under Nasdaq listing standards, meaning he meets the exchange’s criteria for an outside director.
Khanna will receive a pro-rated annual service retainer under LPL Financial’s non-employee director compensation policy, with cash and restricted shares of common stock to be granted on February 1, 2026, based on that policy. The restricted shares are scheduled to vest in full on May 13, 2026. The company also issued a press release titled “Somesh Khanna Elected to LPL Financial Board of Directors” describing this board change.
LPL Financial Holdings Inc. reported the initial insider shareholdings of officer Matthew Morningstar, who serves as Group Managing Director. As of an event on December 8, 2025, he beneficially owned 578 shares of the company’s common stock held directly. The report is a routine disclosure of insider ownership and was signed on his behalf by an attorney-in-fact under a power of attorney dated November 22, 2025.
LPL Financial Holdings Inc. (LPLA) reported insider activity: Officer Greg Gates disclosed open‑market sales of 1,500 shares of common stock on November 5, 2025, effected under a Rule 10b5‑1 trading plan adopted on March 7, 2025.
The transactions were executed across multiple trades at weighted‑average prices, with tranche ranges from $372.39–$379.97 and one sale at $380.12. Following these sales, he beneficially owned 15,370 shares directly. This includes 10,641 shares of common stock and restricted stock units: 510 (vests February 25, 2026), 511 (vests June 12, 2026), 1,551 (vests February 25, 2026 and February 25, 2027), and 2,157 (vests February 25, 2026, February 25, 2027, and February 25, 2028).
LPL Financial Holdings Inc. reported third-quarter results reflecting the August 1 closing of its Commonwealth acquisition. The company recorded a net loss of $29.5 million, or ($0.37) per diluted share, driven by $419.0 million of acquisition-related expenses at closing. On a non-GAAP basis, adjusted net income was $418.2 million with adjusted EPS of $5.20.
Total revenue rose to $4,552.0 million as assets expanded following the deal. Gross profit increased to $1,479.3 million. Total advisory and brokerage assets reached $2.3145 trillion, with advisory assets of $1.3469 trillion representing 58% of the total. Net new assets were $307.7 billion in the quarter. The company paid $24.0 million in common dividends and reported a leverage ratio of 2.04. Management expects to complete the Commonwealth asset conversion in the fourth quarter of 2026.
LPL Financial Holdings Inc. furnished a Form 8-K to announce it issued a press release with financial results for the three months ended September 30, 2025. The press release is attached as Exhibit 99.1 and titled “LPL Financial Announces Third Quarter 2025 Results.”
The company states Exhibit 99.1 is furnished, not filed, under the Exchange Act, is not subject to Section 18 liabilities, and is not incorporated by reference into Securities Act or Exchange Act filings. The report is dated October 30, 2025. LPL’s common stock trades on the Nasdaq Global Select Market under the symbol LPLA.
LPL Financial Holdings (LPLA) issued additional proxy materials outlining changes for Optimum Market Portfolios (OMP) accounts. Effective November 24, 2025, OMP agreements will be amended so LPL votes proxies for securities in these accounts by relying on Glass, Lewis & Co. recommendations, except where prohibited by law. If Glass Lewis provides no recommendation, LPL will abstain.
The notice highlights an ongoing vote for Optimum Funds to approve new advisory agreements tied to Nomura Holding America Inc.’s proposed acquisition of Macquarie Asset Management’s U.S. and European public investments business. LPL discloses it has direct financial incentives connected to approval of these new agreements. Clients can retain their proxy voting rights now and going forward by voting their shares before November 18, 2025 and submitting the enclosed form.
Greg Gates, Group Managing Director and officer of LPL Financial Holdings Inc. (LPLA), reported multiple sales of common stock executed on 10/06/2025. The transactions were effected under a Rule 10b5-1 trading plan adopted on 03/07/2025. The Form 4 shows five sale entries totaling 750 shares sold in tranches of 141, 266, 109, 132, and 102 shares at weighted-average prices of $312.15, $313.20, $314.04, $315.09, and $320.27, respectively. Following these sales, beneficial ownership is reported as 16,870 shares, which include a mix of vested shares and restricted stock units scheduled to vest through 02/25/2028. The filing is signed on behalf of Mr. Gates by an attorney-in-fact on 10/08/2025.
LPL Financial Holdings (LPLA) filed a Form 144 notifying the proposed sale of 750 common shares currently held in a brokerage account. The filing lists an aggregate market value of $235,812.95 for the shares and identifies Fidelity Brokerage Services LLC as the broker with an approximate sale date of 10/06/2025 on NASDAQ. The shares were acquired through restricted stock vesting on 12/11/2020 and were paid as compensation.
The filer also reported two prior common-stock sales by the same person within the last three months: 1,500 shares on 08/05/2025 for $561,069.44 and 1,500 shares on 09/05/2025 for $507,312.67, totaling 3,000 shares and $1,068,382.11 in gross proceeds.
LPL Financial Holdings Inc. (LPLA) Form 4 shows that Katharine Reeping, Principal Accounting Officer, disposed of 56 shares of the company's common stock on 09/09/2025 at a price of $339.97 per share. After the reported sale, Reeping is recorded as beneficially owning 1,971.9057 shares, which the filing explains consist of 449.9057 vested shares plus a mix of restricted stock units (RSUs) with vesting dates in 2026, 2027 and 2028.
The filing is signed by an attorney-in-fact under a power of attorney dated February 25, 2025, indicating the form was submitted on behalf of Reeping. No derivative transactions or additional compensatory exercises are reported.