---
schema_version: "secwatch.filing_event.v1"
accession: "0001397911-23-000010"
form_type: "8-K"
ticker: "LPLA"
cik: "0001397911"
company_name: "LPL Financial Holdings Inc."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:07:39.234872+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LPL Financial Q4 net income $319M ($3.95 EPS), up 199% YoY; FY net income $846M

## Summary
- Q4 diluted EPS $3.95 vs $1.32 a year ago; adjusted EPS $4.21 (up 158% YoY).
- Gross profit $972M (+51% YoY); EBITDA $533M (+137% YoY).
- Total advisory & brokerage assets $1.11T, down 8% YoY; organic net new assets $21B (8% annualized).
- Advisor count 21,275, up 231 sequentially; recruited assets $15B in Q4.
- FY 2022 diluted EPS $10.40 (up 85%); share repurchases $325M; dividends $80M.

## SEC filing metadata
- accession: 0001397911-23-000010
- form_type: 8-K
- ticker: LPLA
- cik: 0001397911
- company_name: LPL Financial Holdings Inc.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397911/000139791123000010/0001397911-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397911/000139791123000010/lpla-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001397911-23-000010
- JSON: https://secwatch.observer/filing/0001397911-23-000010.json
- Plain text: https://secwatch.observer/filing/0001397911-23-000010.txt

## Key facts
- Earnings Releases
  LPL Financial Holdings Inc. reported the three months ended December 31, 2022 results: net income $319 million, EPS $3.95.
  - Period: the three months ended December 31, 2022
  - Net income: $319 million
  - EPS: $3.95
  - Result: reported results
  source text: Net Income was $319 million, translating to diluted earnings per share ("EPS") of $3.95
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397911/000139791123000010/0001397911-23-000010-index.htm
- Earnings Releases
  LPL Financial Holdings Inc. reported the twelve months ended December 31, 2022 results: net income $846 million, EPS $10.40.
  - Period: the twelve months ended December 31, 2022
  - Net income: $846 million
  - EPS: $10.40
  - Result: reported results
  source text: Net Income was $846 million, translating to diluted EPS of $10.40
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397911/000139791123000010/0001397911-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.