LPL Financial Holdings announced results for its fourth quarter ended Dec. 31, 2024, reporting net income of $271 million, or $3.59 per share. This compares with $218 million, or $2.85 per share, in fourth quarter 2023 and $255 million, or $3.39 per share, in the prior quarter.
"2024 marked another milestone year for LPL," said Rich Steinmeier, CEO of LPL Financial Holdings. "We delivered double-digit organic asset growth, including the onboarding of one of our largest institutional partners, closed on our acquisition of Atria, continued to advance our pioneering liquidity and succession program, and reported record adjusted earnings per share. Looking ahead to 2025, our business momentum and financial strength position us well to continue expanding our leadership across the adviser-mediated marketplace and delivering long-term shareholder value."
"In Q4, we delivered solid business and financial results," said Matt Audette, president and CFO. "As we look ahead, we rem