Lpl Financial LLC is an SEC registered investment adviser organized as a limited liability company founded in 1989 with a primary office location in Fort Mill, SC. Its latest Form ADV filing, dated April 23, 2026, reports $819.1B in regulatory assets under management, 41,879 employees, and 2,850,994 accounts.
Top client segmentIndividuals represent 65.0% of total clients.
Top client categories% of clientsClients
1
Individuals
65.0%
1,291,397
2
HNWI
33.8%
671,511
3
Pension Plans
0.5%
10,450
4
Corporations
0.4%
8,528
5
Charitable
0.3%
5,086
Additional categories (<0.1%)
INVESTMENT CLUB13 clients
Government5 clients
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$819.1Bas of April 23, 2026
Discretionary99.9%
$818.3B
100% of total RAUM99.9%
Non-discretionary0.1%
$798M
0% of total RAUM0.1%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Latest AUM$819.1B
Total Accounts2,850,994
10Y AUM Change+$701.9B (+598.6%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees41,879
Clients per Employee47:1
10Y Employee Change+21,680 (+107.3%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.