NasdaqGS:LPLACapital Markets
Is LPL Financial Holdings (LPLA) Undervalued Or Is Its Advisor Growth Already Priced In?
Gateway Financial Partners’ decision to keep 28 former Sierra Ridge advisors on the LPL Financial Holdings (LPLA) platform, along with about $825m in client assets, puts fresh attention on the stock’s longer term business momentum.
Recent trading has been choppy for LPL Financial Holdings, with the share price down 7.26% over the past week and 8.67% over the last month. Even so, the 90-day share price return is up 11.61% and the 5-year total shareholder return is 115.67%, suggesting long term...