---
schema_version: "secwatch.filing_event.v1"
accession: "0001397911-23-000156"
form_type: "8-K"
ticker: "LPLA"
cik: "0001397911"
company_name: "LPL Financial Holdings Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:18:26.432436+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LPL Financial Q3 net income $224M; adj EPS $3.74 +19% YoY; total assets $1.24T +19%

## Summary
- Net income $224M ($2.91 diluted EPS); adjusted EPS $3.74, up 19% YoY. Gross profit $1,010M +21% YoY.
- Total advisory & brokerage assets $1.24T (+19% YoY); advisory assets $663B (+22% YoY, 53.5% of total).
- Organic net new assets $33B (10.7% annualized); recruited assets $31B. Advisor count 22,404 +462 seq.
- Client cash balances $47B, down $3B seq. (3.8% of assets vs 6.4% prior year).
- Share repurchases $250M; corporate cash $309M; leverage ratio 1.26x.

## SEC filing metadata
- accession: 0001397911-23-000156
- form_type: 8-K
- ticker: LPLA
- cik: 0001397911
- company_name: LPL Financial Holdings Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397911/000139791123000156/0001397911-23-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397911/000139791123000156/lpla-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001397911-23-000156
- JSON: https://secwatch.observer/filing/0001397911-23-000156.json
- Plain text: https://secwatch.observer/filing/0001397911-23-000156.txt

## Key facts
- Earnings Releases
  LPL Financial Holdings Inc. reported the three months ended September 30, 2023 results: net income $224 million, EPS $2.91.
  - Period: the three months ended September 30, 2023
  - Net income: $224 million
  - EPS: $2.91
  - Result: reported results
  source text: On October 26, 2023, LPL Financial Holdings Inc. (collectively with its subsidiaries, the “Company”) issued a press release announcing its financial results for the three months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397911/000139791123000156/0001397911-23-000156-index.htm

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