---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-047543"
form_type: "8-K"
ticker: "LPLA"
cik: "0001397911"
company_name: "LPL Financial Holdings Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:17:14.192494+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LPL Financial Q3 2025: Adjusted EPS $5.20 (+25% YoY); total assets hit $2.3T with Commonwealth integration

## Summary
- Net loss $30M (diluted EPS -$0.37) from $419M one-time acquisition costs for Commonwealth Financial Network.
- Adjusted EPS $5.20 (+25% YoY); gross profit $1,479M (+31%); adjusted pre-tax income $569M (+35%).
- Total advisory & brokerage assets +45% to $2.3T; advisory assets +51% to $1.3T.
- Total net new assets $308B, incl. $275B from Commonwealth; organic net new assets $33B (7% annualized).
- Client cash balances $56B (+$5B sequentially); corporate cash $568M; leverage 2.04x.

## SEC filing metadata
- accession: 0001628280-25-047543
- form_type: 8-K
- ticker: LPLA
- cik: 0001397911
- company_name: LPL Financial Holdings Inc.
- filed_at: 2025-10-30T23:59:59+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/1397911/000162828025047543/0001628280-25-047543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397911/000162828025047543/lpla-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-047543
- JSON: https://secwatch.observer/filing/0001628280-25-047543.json
- Plain text: https://secwatch.observer/filing/0001628280-25-047543.txt

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