LPL Financial Holdings Inc. Q1 2026 Earnings Release

LPL Financial Holdings Inc. announced its financial results for the first quarter ended March 31, 2026. The company reported a net income of $356 million, or $4.43 per diluted share, an increase from $319 million, or $4.24 per diluted share, in the first quarter of 2025. Total client assets grew by 30% year-over-year to $2.3 trillion, with advisory assets increasing by 42% to $1.4 trillion. Organic net new assets were $21 billion for the quarter. The company is on track to complete the conversion of Commonwealth Financial Network in Q4 2026 and announced an agreement to lead the acquisition of Mariner Advisor Network. LPL Financial also announced a quarterly dividend of $0.30 per share and resumed its share repurchase program.