secwatch.observer — SEC 8-K summary
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Issuer:     LPL Financial Holdings Inc. (LPLA)
CIK:        0001397911
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001397911-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397911/000139791124000005/0001397911-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397911/000139791124000005/lpla-20240201.htm
  HTML page:      https://secwatch.observer/filing/0001397911-24-000005

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