Professional
Added to YB: 2025-02-06
Pitch date: 2024-12-31
LPLA [bullish]
LPL Financial Holdings Inc.
+16.56%
current return
Author Info
No bio for this author
Company Info
LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States.
Market Cap
$29.5B
Pitch Price
$326.82
Price Target
N/A
Dividend
0.33%
EV/EBITDA
N/A
P/E
34.46
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Baron Opportunity Fund New Position: LPL Financial Holdings Inc.
LPLA: Largest US independent broker-dealer. Benefits from growing financial advice demand, advisor shift to independence. 10% organic net new asset growth. High-quality tech, diverse models, best incentives drive market share gains. Capital-light, benefits from higher rates. Mid-high teens EPS growth potential long-term.
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