LPLA: LPL Financial Holdings Inc. - Summary | Jitta

LPL Financial Holdings Inc.

NASDAQ:LPLA

Price
$318.63
Loss Chance
43.2%
5.09JITTA SCORE
42.63%Under Jitta Line
Jitta Ranking
157 / 701
330 / 4,225
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (71)
Recent Business Performance (51)
Financial Strength (50)
Return to Shareholders (64)
Competitive Advantage (74)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 5 years
Return on EquityConsistently High
Dividend PayoutEvery year
Cash Conversion CycleLess than 30 days
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
5.09
42.63%
4.51
142.20%
5.47
176.54%
Investment Banking and Brokerage
7.47
24.54%
6.88
40.86%
7.25
15.40%
COMPANY DESCRIPTION
LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company’s brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account. It also provides fee-based platforms that provide access to mutual funds, exchange traded funds, stocks, bonds, certain options strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. In addition, the company offers retirement solutions for commission and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, it provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services for estates and families; an advisor-facing trading and portfolio rebalancing platform; insurance brokerage general agency services; and technology products, including proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.