secwatch.observer — SEC 8-K summary
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Issuer:     LPL Financial Holdings Inc. (LPLA)
CIK:        0001397911
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001397911-23-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LPL Financial Q2 net income $286M, EPS $3.65 up 85% YoY; assets $1.24T up 16%
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- Net income $286M, diluted EPS $3.65 (+85% YoY); adjusted EPS $3.94 (+76% YoY).
- Gross profit $990M (+39% YoY); EBITDA $519M (+67% YoY).
- Total advisory and brokerage assets $1.24T (+16% YoY); advisory assets $662B (+18%).
- Organic net new assets $22B (7.4% annualized); advisor count 21,942 (+421 sequentially).
- Share repurchases $350M; corporate cash $325M; leverage 1.25x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397911/000139791123000122/0001397911-23-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397911/000139791123000122/lpla-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001397911-23-000122

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