---
schema_version: "secwatch.filing_event.v1"
accession: "0001397911-24-000005"
form_type: "8-K"
ticker: "LPLA"
cik: "0001397911"
company_name: "LPL Financial Holdings Inc."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T10:52:16.855444+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LPL Financial Q4 adjusted EPS falls 17% YoY to $3.51; full-year adjusted EPS up 36% to $15.72

## Summary
- Q4 net income $218M ($2.85 diluted EPS), down 28% YoY; adjusted EPS $3.51 (-17% YoY).
- Total advisory and brokerage assets $1.35T (+22% YoY); advisory assets $736B (54.3% of total).
- Organic net new assets $25B in Q4 (8% annualized); full-year organic net new assets $100B (9% growth).
- Advisor count 22,660 (+1,385 YoY); recruited assets $17B in Q4, $80B for full year.
- Share repurchases $225M in Q4 and $1.1B for full year; leverage ratio 1.63x.

## SEC filing metadata
- accession: 0001397911-24-000005
- form_type: 8-K
- ticker: LPLA
- cik: 0001397911
- company_name: LPL Financial Holdings Inc.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397911/000139791124000005/0001397911-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397911/000139791124000005/lpla-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001397911-24-000005
- JSON: https://secwatch.observer/filing/0001397911-24-000005.json
- Plain text: https://secwatch.observer/filing/0001397911-24-000005.txt

## Key facts
- Earnings Releases
  LPL Financial Holdings Inc. reported three and twelve months ended December 31, 2023 results: net income $218 million, EPS $2.85.
  - Period: three and twelve months ended December 31, 2023
  - Net income: $218 million
  - EPS: $2.85
  - Result: reported results
  source text: On February 1, 2024, LPL Financial Holdings Inc. (collectively with its subsidiaries, the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397911/000139791124000005/0001397911-24-000005-index.htm

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