LPL Financial posts transcript of Q2 2026 earnings call

Reuters2026/07/31 18:52

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LPL Financial discussed Q2 2026 results on a July 30 earnings call with CEO Richard Steinmeier and President/CFO Matthew Audette.
Client assets reached $2.6 trillion, up 10% from Q1; organic net new assets were $23 billion, a 4% annualized growth rate.
Adjusted EPS was a record $5.84; adjusted pretax margin was about 39.3%.
Management kept its plan to onboard Commonwealth Financial Network advisors in Q4; asset retention stood in the mid-80s, targeting 90%.
Audette cut the full-year core G&A outlook to $2.14 billion-$2.17 billion; Q2 share repurchases rose to $309 million, with a new $2.5 billion authorization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LPL Financial Holdings Inc. published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LPL Financial posts transcript of Q2 2026 earnings call

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