---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-028890"
form_type: "8-K"
ticker: "LPLA"
cik: "0001397911"
company_name: "LPL Financial Holdings Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:37:06.733974+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# LPL Financial Q1 EPS $4.43 (adj $5.60), assets up 30% to $2.3T; lowers Core G&A outlook

## Summary
- Net income $356M, diluted EPS $4.43 (+4% YoY); adjusted EPS $5.60 (+9% YoY).
- Total client assets $2.3T (+30% YoY); advisory assets $1.4T (+42% YoY, 59.5% of total).
- Recruited assets $17B (-55% YoY); organic net new assets $21B (4% annualized growth).
- Commonwealth conversion on track for Q4 2026; run-rate EBITDA estimate cut to $410M from $425M.
- Core G&A 2026 outlook lowered $20M to $2,155–2,190M; $125M share repurchases planned in Q2.

## SEC filing metadata
- accession: 0001628280-26-028890
- form_type: 8-K
- ticker: LPLA
- cik: 0001397911
- company_name: LPL Financial Holdings Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397911/000162828026028890/0001628280-26-028890-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397911/000162828026028890/lpla-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-028890
- JSON: https://secwatch.observer/filing/0001628280-26-028890.json
- Plain text: https://secwatch.observer/filing/0001628280-26-028890.txt

## Key facts
- Earnings Releases
  LPL Financial Holdings Inc. reported the three months ended March 31, 2026 results: net income $356 million, EPS $4.43. Guidance lowered.
  - Period: the three months ended March 31, 2026
  - Net income: $356 million
  - EPS: $4.43
  - Guidance: lowered
  - Result: reported results
  source text: LPL Financial Announces First Quarter 2026 Results Key Financial Results • Net income was $356 million, translating to diluted earnings per share ("EPS") of $4.43, up 4% from a year ago
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397911/000162828026028890/0001628280-26-028890-index.htm

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