LPL Financial Holdings Inc
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
LPLA$308.51+1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Financial Condition (unaudited)
Condensed Consolidated Statements of Financial Condition
(In thousands, except share data)
| ASSETS | March 31, 2024 | December 31, 2023 |
|---|---|---|
| Cash and equivalents | $1,102,270 | $465,671 |
| Cash and equivalents segregated under federal or other regulations | 1,610,996 | 2,007,312 |
| Restricted cash | 114,006 | 108,180 |
| Receivables from clients, net | 591,503 | 588,585 |
| Receivables from brokers, dealers and clearing organizations | 103,236 | 50,069 |
| Advisor loans, net | 1,573,774 | 1,479,690 |
| Other receivables, net | 863,119 | 743,317 |
| Investment securities | 57,451 | 91,311 |
| Property and equipment, net | 987,308 | 933,091 |
| Goodwill | 1,840,972 | 1,856,648 |
| Other intangibles, net | 690,767 | 671,585 |
| Other assets | 1,482,137 | 1,390,021 |
| Total assets | $11,017,539 | $10,385,480 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| LIABILITIES: | ||
| Client payables | $2,486,605 | $2,266,176 |
| Payables to brokers, dealers and clearing organizations | 190,419 | 163,337 |
| Accrued advisory and commission expenses payable | 232,084 | 216,541 |
| Corporate debt and other borrowings, net | 3,853,794 | 3,734,111 |
| Accounts payable and accrued liabilities | 369,244 | 485,963 |
| Other liabilities | 1,615,512 | 1,440,373 |
| Total liabilities | 8,747,658 | 8,306,501 |
| Commitments and contingencies (Note 10) | ||
| Common stock, $0.001 par value; 600,000,000 shares authorized; 130,704,541 shares and 130,233,328 shares issued at March 31, 2024 and December 31, 2023, respectively | 131 | 130 |
| Additional paid-in capital | 2,016,666 | 1,987,684 |
| Treasury stock, at cost — 55,998,999 shares and 55,576,970 shares at March 31, 2024 and December 31, 2023, respectively | (4,101,055) | (3,993,949) |
| Retained earnings | 4,354,139 | 4,085,114 |
| Total stockholders’ equity | 2,269,881 | 2,078,979 |
| Total liabilities and stockholders’ equity | $11,017,539 | $10,385,480 |
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