LPL Financial Signs Consulting Agreement with Althea Brown

LPL Financial ( (LPLA) ) has provided an update.

On May 3, 2025, Althea Brown resigned as the Chief Legal Officer and Corporate Secretary of LPL Financial Holdings Inc. Subsequently, on July 2, 2025, the company entered into a Consulting Agreement with her to assist in the transition of her responsibilities until September 20, 2025. The agreement waives her obligation to repay approximately $270,000 related to her sign-on bonus and relocation expenses, and allows her restricted stock units to continue vesting. This move ensures a smooth transition and maintains stability within the company’s legal operations.

The most recent analyst rating on (LPLA) stock is a Buy with a $397.00 price target. To see the full list of analyst forecasts on LPL Financial stock, see the LPLA Stock Forecast page.

Spark’s Take on LPLA Stock

According to Spark, TipRanks’ AI Analyst, LPLA is a Outperform.

LPL Financial receives a strong overall score driven by robust financial performance and strategic growth initiatives. The company’s solid revenue growth, strong equity position, and successful acquisitions contribute significantly to its positive outlook. While technical indicators suggest bullish momentum, careful attention to cash flow management and market conditions is advised due to potential liquidity challenges and competitive pressures.

To see Spark’s full report on LPLA stock, click here.

More about LPL Financial

LPL Financial Holdings Inc. operates in the financial services industry, providing investment and financial advisory services. The company focuses on supporting financial advisors and institutions with a comprehensive platform of tools and resources to help them serve their clients effectively.

Average Trading Volume: 738,407

Technical Sentiment Signal: Buy

Current Market Cap: $29.83B

Find detailed analytics on LPLA stock on TipRanks’ Stock Analysis page.