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LPL Financial
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Summary
location iconFort Mill, South Carolina
website
company sizeCompany size: 5000+
aumAUM: $50B+

LPL Financial LLC is a wholly-owned subsidiary of LPL Financial Holdings Inc., a publicly traded company, and an SEC-registered investment adviser founded in 1975. LPL Financial LLC provides a comprehensive suite of investment management advisory services and programs including wrap programs, mutual fund asset allocation programs, advisory programs offered by third party investment advisor firms, financial planning and consulting services, retirement plan consulting services, investment research, an advisor-enhanced digital advice program, and other customized advisory services for individual clients, pension and profit sharing plans, charitable organizations, government entities, sovereign wealth funds, and corporations and other businesses.

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LPL Financial - Recent News & Articles

The Stablecoin Revolution in Remittances

Stablecoins—cryptocurrencies pegged to stable assets like the U.S. dollar—are rapidly reshaping the global remittance landscape. For South and Southeast Asia, where remittances are a major economic li...

Source: Finextra

Goldman Sachs tops estimates as traders generate $840 million more revenue than expected

Goldman Sachs on Wednesday posted results that topped expectations as its trading operations generated $840 million more revenue than analysts had expected. Here’s what the company reported: -Earning...

Source: CNBC

Calpers deepens private equity exposure after strong $556.2bn performance year

Calpers is expanding its private equity portfolio following its strongest fiscal year since 2021, reporting an 11.6% return and reaching $556.2bn in total assets under management, according to a repor...

Source: Private Equity Insights

JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking

JPMorgan Chase on Tuesday topped analysts’ estimates on better-than-expected revenue from fixed income trading and investment banking. Here’s what the company reported: - Earnings: $5.24 a share, may ...

Source: CNBC

Bank of England governor warns against private stablecoin issuance

Bank of England governor Andrew Bailey joins a growing list of European officials concerned with the rise of stablecoins. Stablecoins introduce systemic risks to banking institutions that could destab...

Source: Cointelegraph

Bilt hits $10.75bn valuation

Neighbourhood loyalty platform Bilt has raised $250 million in primary funding, sending its valuation soaring to $10.75 billion. The round was led by General Catalyst and GID with further investment f...

Source: Finextra

Bitcoin surpasses $120,000 to record highs ahead of U.S. lawmakers’ ‘Crypto Week’

Bitcoin extended gains Monday to hit a new milestone, breaking past $120,000, fueled by a rally in the cryptocurrency’s ETFs. The largest cryptocurrency by market capitalization traded at $121,921 at...

Source: CNBC

Bank of Korea keeps rates steady as it assesses measures to cool Seoul’s housing market

The Bank of Korea noted a “significant acceleration in housing prices in Seoul.” The central bank is, however, expected to cut rates in its next policy meeting as measures to cool the housing market i...

Source: CNBC

Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle

Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. OpenAI has stated that any transfer of equity requires their approval, which has not b...

Source: Coindesk

China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens

China’s producer prices plunged 3.6% in June from a year earlier, marking its largest decline since July 2023. The consumer price index edged 0.1% higher in June from a year ago, beating the estimates...

Source: CNBC