Investor Presentaiton
LPL Overview
Mission
We take care of our advisors so they can take care of their
clients
Key Markets and Services
$1.0T+ Client Assets:
•
Advisory: $543B
Brokerage: $496B
21,000+ Advisors:
•
Independent Advisors: 11,800+
•
Independent RIA: 5,700+ (~500 firms)
Vision
Become the leader across the advisor-centered marketplace
Purpose
Serve advisors so they can...
Help their clients achieve life's goals and dreams
Be great entrepreneurs and run thriving businesses
Strategy
To bring our vision to life, we will deliver...
Capabilities and services that help advisors provide
differentiated experiences for their clients
Personalized solutions – from flexible and compelling
affiliation models, to services to help run extraordinary
practices
Q3 2022 Business Metrics
Client Assets (end of period):
Organic Net New Assets:
Organic Annualized Growth:
Recruited Assets(1):
Advisors (end of period):
Accounts (end of period):
•
Institutional Services: 3,500+ (~1,100
institutions)
Key Metrics
Q3 2022 LTM Financial Metrics
$1.0T
$19.9B
7%
Average Client Assets:
$1.1T
Organic Net New Assets:
$101B
Organic Annualized Growth:
9%
$13B
Recruited Assets(1);
$84B
21,044
Gross Profit*:
$2.9B
7.8M
EBITDA*:
$1,217M
EPS Prior to Amort. of Intangible
$8.95
Assets and Acquisition Costs*:
Q3 2022 Debt Metrics
Debt Ratings (3) | Outlook
Credit Agreement EBITDA* (LTM):
Total Debt:
$1.3B
Moody's Rating:
Ba1 | Positive+
$2.7B
S&P Rating:
BB+ | Positive
Leverage Ratio(2):
1.72x
Cost of Debt:
4.27%
t
On review for upgrade
LPL Financial Member FINRA/SIPC
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