Reports Q3 revenue $4.55B, consensus $4.31B. “Over the past quarter, we continued to make progress against our key priorities, while delivering strong business results and record adjusted earnings per share,” said Rich Steinmeier, CEO. “We continue to seek opportunities to improve our advisors’ efficacy in the market. As advisory services become more central to our clients, we’re lowering fees and streamlining pricing to make our platforms the most competitive in the industry. Ensuring that our pricing supports the value that we deliver, next year we will also make targeted fee adjustments that more closely align with industry standards.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LPLA:
- LPL Financial: Edge Wealth Advisory Group joins broker-dealer, RIA platform
- LPL Financial Holdings Inc. (LPLA) Q3 Earnings Cheat Sheet
- LPL Financial: Gentle Family Wealth joins broker-dealer, RIA platform
- LPL Financial price target lowered to $438 from $463 at JPMorgan
- LPL Financial: Paddock and Pine Wealth joins Linsco by LPL Financial
