LPL Financial - M&A Summary and Business Overview

Financial ServicesCompany

LPL Financial M&A Summary

LPL Financial has acquired 7 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms.

LPL Financial’s largest acquisition to date was in 2022, when it acquired Financial Resources Group Investment Services for $140M. LPL Financial has acquired in 7 different US states. The Company’s most targeted sectors include financial services (72%) and business services (29%).

LPL Financial Business Overview

Where is LPL Financial headquartered?

LPL Financial is headquartered in San Diego, California.

What is LPL Financial’s revenue?

LPL Financial disclosed revenue of 10,053M USD for 2023 and 8,601M USD for 2022.

How many employees does LPL Financial have?

LPL Financial has 8,724 employees.

What sector is LPL Financial in?

LPL Financial is a financial services company.

When was LPL Financial founded?

LPL Financial was founded in 1989.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

LPL Financial

LPL Financial Holdings Inc.

4707 Executive Drive,
San Diego, California 92121
United States,
(800) 877-7210
www.lpl.com

LPL Financial is the exclusive provider of investment advisory, marketing, administrative, distribution and information systems services to the largest independent financial advisor network in the United States. LPL Financial was founded in 1989 and is based in San Diego, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.4/yr) # - 1 - 2 - 4 7
vol $140M $140M
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
Atria Wealth Solutions LLC 2024-10-01 - Add-on Acquisition
New York, New York · www.atriawealth.com
The Investment Center, Inc. 2024-09-04 - Add-on Acquisition
Bedminster, New Jersey · www.investmentctr.com
Englert Financial 2024-07-31 - Add-on Acquisition
Springfield, Virginia · www.englertfinancial.com
Crown Capital Securities L.P. 2024-05-08 - Add-on Acquisition
Orange, California · www.crowncapitalsecurities.com
Financial Resources Group Investment Services 2022-11-03 140M USD Add-on Acquisition
Fort Mill, South Carolina · www.financialresourcesgroup.net
Boenning & Scattergood, Inc. 2022-07-08 - Add-on Acquisition
West Conshohocken, Pennsylvania · www.boenninginc.com
Waddell & Reed Financial, Inc. - Wealth Management Business 2020-12-02 - Divestiture
Overland Park, Kansas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 5 (71%) - - -
Business Services 2 (29%) 140M (100%) - -
Total 7 $140M - -

By Geo

State/Country Buy Value Sell Value
United States 7 140M - -
  New York 1 - - -
  New Jersey 1 - - -
  Kansas 1 - - -
  California 1 - - -
  Virginia 1 - - -
  South Carolina 1 140M - -
  Pennsylvania 1 - - -
Total 7 $140M - -

Top M&A Advisors

Financial Deals
Morgan Stanley
 1
Centerview Partners
 1
Legal Deals
Ropes & Gray
 1

Deal Values

buy # Total
$100M to $1B 1 $140M
TOTAL $140M
Largest Financial Resources Group Investment Services
$140M (2022-11-03)

M&A Connections

Deals
Acquired from
Investor(s)
14%
1 (14%)
Strategic(s)
14%
1 (14%)

Company Summary

SECTOR

Financial Services

Revenue

10,053   17% 2023
8,601   12% 2022
7,721   32% 2021
5,872   2020
(millions of USD) Show More Show Less

Employees

8,724

Established

1989

Public

NASDAQ: LPLA

Former Name

LPL Investment Holdings Inc.

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