secwatch.observer — SEC 8-K summary
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Issuer:     LPL Financial Holdings Inc. (LPLA)
CIK:        0001397911
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001397911-22-000152
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LPL Financial Q3 net income $232M, diluted EPS $2.86 (+127% YoY); adjusted EPS $3.13
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- Gross profit up 33% YoY to $838M; EBITDA up 84% to $414M.
- Total advisory and brokerage assets $1.04 trillion, down 8% YoY; organic net new assets $20B (7% annualized).
- Advisor count of 21,044, up 173 sequentially and 1,417 YoY.
- Share repurchases $75M (366K shares at avg $205); dividends paid $20M in Q3.
- Corporate cash $424M; leverage ratio 1.72x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397911/000139791122000152/0001397911-22-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397911/000139791122000152/lpla-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001397911-22-000152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer