LPL Financial Holdings Management

Management criteria checks 3/4

LPL Financial Holdings' CEO is Dan Arnold, appointed in Mar 2015, has a tenure of 8.17 years. total yearly compensation is $13.75M, comprised of 6.7% salary and 93.3% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth MX$462.32M. The average tenure of the management team and the board of directors is 4.8 years and 6.2 years respectively.

Key information

Dan Arnold

Chief executive officer

US$13.8m

Total compensation

CEO salary percentage	6.7%
CEO tenure	8.2yrs
CEO ownership	0.2%
Management average tenure	4.8yrs
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Arnold's remuneration changed compared to LPL Financial Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$14m	US$920k	US$846m
Sep 30 2022	n/a	n/a	US$635m
Jun 30 2022	n/a	n/a	US$505m
Mar 31 2022	n/a	n/a	US$464m
Dec 31 2021	US$13m	US$892k	US$460m
Sep 30 2021	n/a	n/a	US$463m
Jun 30 2021	n/a	n/a	US$464m
Mar 31 2021	n/a	n/a	US$447m
Dec 31 2020	US$7m	US$850k	US$473m
Sep 30 2020	n/a	n/a	US$488m
Jun 30 2020	n/a	n/a	US$516m
Mar 31 2020	n/a	n/a	US$560m
Dec 31 2019	US$8m	US$842k	US$560m
Sep 30 2019	n/a	n/a	US$554m
Jun 30 2019	n/a	n/a	US$529m
Mar 31 2019	n/a	n/a	US$501m
Dec 31 2018	US$7m	US$800k	US$439m
Sep 30 2018	n/a	n/a	US$383m
Jun 30 2018	n/a	n/a	US$335m
Mar 31 2018	n/a	n/a	US$284m
Dec 31 2017	US$7m	US$799k	US$239m
Sep 30 2017	n/a	n/a	US$217m
Jun 30 2017	n/a	n/a	US$210m
Mar 31 2017	n/a	n/a	US$190m
Dec 31 2016	US$3m	US$666k	US$192m

Compensation vs Market: Dan's total compensation ($USD13.75M) is above average for companies of similar size in the MX market ($USD5.70M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.

CEO

Dan Arnold (58 yo)

8.2yrs

Tenure

US$13,750,390

Compensation

Mr. Dan Hogan Arnold, Jr., B.S., C.P.A. & M.B.A. has been Chief Executive Officer of LPL Financial Holdings Inc and LPL Financial LLC since January 3, 2017 and its President since March 13, 2015. In this r...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dan Arnold	President	8.2yrs	US$13.75m	0.17% $ 462.3m
Matthew Audette	Principal Accounting Officer	7.7yrs	US$3.45m	0.010% $ 28.4m
Richard Steinmeier	MD & Divisional President of Business Development	4.8yrs	US$3.31m	0.029% $ 78.6m
Kabir Sethi	MD & Chief Product Officer	less than a year	US$3.94m	0.0028% $ 7.8m
Judith Ricketts	Executive Vice President of Operations	3.1yrs	no data	no data
Marc Zabicki	Chief Investment Officer	less than a year	no data	no data
Greg Gates	MD and Chief Technology & Information Officer	2.3yrs	no data	0.025% $ 67.8m
Chris Koegel	Senior Vice President of Investor Relations	8.3yrs	no data	no data
Michelle Oroschakoff	Chief Legal Officer	5.9yrs	US$1.84m	0.026% $ 72.4m
Sallie Larsen	MD & Chief Human Capital Officer	11.3yrs	US$1.11m	0.027% $ 74.7m
Mark Rose	Managing Partner	4.8yrs	no data	no data
Gabriel Gallante	Managing Partner	4.8yrs	no data	no data

4.8yrs

Average Tenure

51yo

Average Age

Experienced Management: LPLA *'s management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dan Arnold	President	6.3yrs	US$13.75m	0.17% $ 462.3m
Richard Schifter	Independent Director	17.6yrs	US$256.03k	0.054% $ 149.1m
Edward Bernard	Independent Director	3yrs	US$260.19k	0.053% $ 145.2m
William Glavin	Independent Director	6yrs	US$257.69k	0.031% $ 84.8m
Anne Mulcahy	Independent Director	10yrs	US$266.23k	0.044% $ 121.8m
H. Eberhart	Independent Director	8.5yrs	US$283.96k	0.026% $ 70.8m
James Putnam	Independent Non-Executive Chairman	18.3yrs	US$385.20k	0.17% $ 479.1m
Corey Thomas	Independent Director	4yrs	US$257.69k	0.015% $ 41.7m
Allison Mnookin	Independent Director	4.9yrs	US$271.25k	0.012% $ 34.4m
Albert Ko	Additional Independent Director	less than a year	no data	0.0012% $ 3.4m

6.2yrs

Average Tenure

64.5yo

Average Age

Experienced Board: LPLA *'s board of directors are considered experienced (6.2 years average tenure).

LPL Financial Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

LPL Financial Holdings Inc., Annual General Meeting, May 09, 2024

LPL Financial Holdings Inc. Announces Departure of Kabir Sethi, Effective March 31, 2024

Lpl Financial Appoints Vivek Pappu as Executive Vice President and Chief Analytics and Data Officer

LPL Financial Holdings Inc. Announces Executive Changes

Chief Legal Officer recently sold Mex$37m worth of stock

LPL Financial Holdings Inc. Elects Albert “Al” Ko as an Additional Independent Director

Recent updates

LPL Financial Holdings Inc., Annual General Meeting, May 09, 2024

LPL Financial Holdings Inc. Announces Departure of Kabir Sethi, Effective March 31, 2024

LPL Financial Holdings Inc. (NasdaqGS:LPLA) entered into a definitive purchase agreement to acquire Atria Wealth Solutions, Inc.

LPL Financial Holdings Inc. Declares Dividend, Payable on March 26, 2024

LPL Financial Holdings Inc. to Report Q4, 2023 Results on Feb 01, 2024

LPL Financial LLC Introduces LPL Private Wealth Management

LPL Financial Holdings Inc. Declares Dividend, Payable on November 27, 2023

LPL Financial Holdings Inc. to Report Q3, 2023 Results on Oct 26, 2023

LPL Financial Holdings Inc. to Report August,2023 Results on Sep 21, 2023

LPL Financial Holdings Inc. Declares Cash Dividend, Payable on August 25, 2023

LPL Financial Holdings Inc. to Report Q2, 2023 Results on Jul 27, 2023

Lpl Financial Appoints Vivek Pappu as Executive Vice President and Chief Analytics and Data Officer

LPL Financial Holdings Inc. Announces Executive Changes

Upcoming dividend of US$0.30 per share at 0.5% yield

Full year 2022 earnings released: EPS: US$10.60 (vs US$5.75 in FY 2021)

Chief Legal Officer recently sold Mex$37m worth of stock

LPL Financial LLC Debuts Partial Book Sales Service

Full year 2022 earnings released: EPS: US$10.60 (vs US$5.75 in FY 2021)

LPL Financial Holdings Inc. Declares Dividend, Payable on March 28, 2023

LPL Financial Holdings Inc. (NasdaqGS:LPLA) acquired Financial Resources Group Investment Services, LLC.

LPL Financial Holdings Inc. to Report Q4, 2022 Results on Feb 02, 2023

LPL Financial Holdings Inc. Elects Albert “Al” Ko as an Additional Independent Director

LPL Financial LLC Announces David J. Dobrusin Joins LPL Financial’s RIA and Custodial Platforms

LPL Financial Appoints Garrett Fish as Senior Vice President and Head of Model Portfolio Management

Insufficient new directors

LPL Financial Holdings Inc. (NasdaqGS:LPLA) entered into a definitive purchase agreement to acquire Financial Resources Group Investment Services, LLC for approximately $140 million.

LPL Financial Holdings Inc. Declares Dividend, Payable on November 28, 2022

LPL Financial Holdings Inc. to Report Q3, 2022 Results on Oct 27, 2022

LPL Financial Launches New Bookkeeping Services

LPL Financial LLC Financial Announces Research Team Appointments

LPL Financial LLC Appoints Katelyn Shackleton as Executive Vice President, Corporate Strategy & New Ventures

LPL Financial Holdings Inc. Declares Dividend, Payable on August 31, 2022

LPL Financial Hires Bill Sappington as Executive Vice President, Banking and Lending Solutions

LPL Financial Holdings Inc. (NasdaqGS:LPLA) agreed to acquire Boenning & Scattergood, Inc., Private Client Group from Boenning & Scattergood, Inc.

LPL Financial Holdings Inc. to Report Q2, 2022 Results on Aug 02, 2022

Now 22% undervalued

LPL Financial Launches Private Client Services Network

Insufficient new directors

Investor sentiment improved over the past week

LPL Financial Holdings Inc. to Report April,2022 Results on May 19, 2022

LPL Financial LLC Hires Brett Goodman as Executive Vice President, Corporate Development and Investor Relations

First quarter 2022 earnings released: EPS: US$1.67 (vs US$1.63 in 1Q 2021)

LPL Financial LLC Announces Executive Changes

LPL Financial LLC Launches Paraplanning Services to its Advisors and Institutions

LPL Financial Holdings Inc., Annual General Meeting, May 18, 2022

LPL Financial Holdings Inc. to Report Q1, 2022 Results on Apr 28, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age