LPL Financial Holdings Inc.

BIT:1LPLA Stock Report

Market Cap: €25.6b

LPL Financial Holdings Management

Management criteria checks 2/4

LPL Financial Holdings' CEO is Rich Steinmeier, appointed in Oct 2024, has a tenure of less than a year. total yearly compensation is $4.72M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth €7.08M. The average tenure of the management team and the board of directors is 4 years and 7.5 years respectively.

Key information

Rich Steinmeier

Chief executive officer

US$4.7m

Total compensation

CEO salary percentage14.06%
CEO tenureless than a year
CEO ownership0.03%
Management average tenure4yrs
Board average tenure7.5yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Rich Steinmeier's remuneration changed compared to LPL Financial Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$1b

Dec 31 2024US$5mUS$663k

US$1b

Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$974m

Mar 31 2024n/an/a

US$1b

Dec 31 2023US$4mUS$592k

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$3mUS$540k

US$846m

Sep 30 2022n/an/a

US$635m

Jun 30 2022n/an/a

US$505m

Mar 31 2022n/an/a

US$464m

Dec 31 2021US$4mUS$500k

US$460m

Sep 30 2021n/an/a

US$463m

Jun 30 2021n/an/a

US$464m

Mar 31 2021n/an/a

US$447m

Dec 31 2020US$2mUS$494k

US$473m

Sep 30 2020n/an/a

US$488m

Jun 30 2020n/an/a

US$516m

Mar 31 2020n/an/a

US$560m

Dec 31 2019US$2mUS$450k

US$560m

Sep 30 2019n/an/a

US$554m

Jun 30 2019n/an/a

US$529m

Mar 31 2019n/an/a

US$501m

Dec 31 2018US$3mUS$174k

US$439m

Compensation vs Market: Rich's total compensation ($USD4.72M) is above average for companies of similar size in the Italian market ($USD3.17M).

Compensation vs Earnings: Rich's compensation has increased by more than 20% in the past year.

CEO

Rich Steinmeier (50 yo)

less than a year

Tenure

US$4,717,883

Compensation

Mr. Richard Steinmeier, also known as Rich, was MD, Divisional President & Chief Growth Officer of LPL Financial LLC from 2024. He serves as Chief Executive Officer of LPL Financial LLC since October 21, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Richard Steinmeier
CEO & Directorless than a yearUS$4.72m0.028%
€ 7.1m
Matthew Audette
President & CFO9.7yrsUS$4.38m0.011%
€ 2.7m
Greg Gates
MD and Chief Technology & Information Officer4.3yrsUS$3.86m0.023%
€ 6.0m
Althea Brown
MD, Chief Legal Officer & Secretary1.7yrsUS$2.96m0.0016%
€ 420.0k
Matthew Enyedi
Managing Director of Client Success5.3yrsUS$2.90m0.013%
€ 3.3m
Judith Ricketts
Executive Vice President of Operations5.1yrsno datano data
Marc Zabicki
Chief Investment Officer2.7yrsno datano data
Katharine Reeping
Senior VP2.8yrsno data0.00039%
€ 99.9k
Sara Dadyar
MD & Chief Human Resources Officer1.3yrsno datano data
Robert Krivit
Senior VP & Head of Trading6.9yrsno datano data
Aneri Jambusaria
Managing Director of Wealth Management5.1yrsno data0.0045%
€ 1.2m
Corey Staten
Executive Vice President of Service3.8yrsno datano data

4.0yrs

Average Tenure

48yo

Average Age

Experienced Management: 1LPLA's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard Steinmeier
CEO & Directorless than a yearUS$4.72m0.028%
€ 7.1m
Richard Schifter
Independent Director19.6yrsUS$304.33k0.054%
€ 13.9m
Edward Bernard
Independent Director5yrsUS$315.28k0.051%
€ 13.1m
William Glavin
Independent Director8yrsUS$312.87k0.031%
€ 8.1m
Anne Mulcahy
Independent Director12yrsUS$314.53k0.044%
€ 11.4m
H. Eberhart
Independent Director10.5yrsUS$330.28k0.021%
€ 5.3m
James Putnam
Independent Non-Executive Chairman20.3yrsUS$440.28k0.17%
€ 43.6m
Corey Thomas
Independent Director6yrsUS$314.33k0.016%
€ 4.1m
Allison Mnookin
Independent Director6.9yrsUS$322.78k0.013%
€ 3.3m
Albert Ko
Independent Director2.3yrsUS$302.78k0.0021%
€ 530.2k

7.5yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 1LPLA's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 14:43
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LPL Financial Holdings Inc. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin BudishBarclays
Craig SiegenthalerBofA Global Research
Caydee BlankenshipCFRA Equity Research