LPL Financial Announces Second Quarter 2026 Results

Key Financial Results * Net income was $379 million, translating to diluted earnings per share ("EPS") of $4.74, up 39% from a year ago * Adjusted EPS* increased 29% year-over-year to $5.84 * Gross profit* increased 24% year-over-year to $1,618 million * Core G&A* increased 22% year-over-year to $519 million * Adjusted pre-tax income* increased 30% year-over-year to $635 million Key Business Results * Total client assets increased 34% year-over-year to $2.6 trillion * Advisory assets increased 46% year-over-year to $1.5 trillion * Advisory assets as a percentage of total client assets increased to 60.4%, up from 55.3% a year ago

* Total organic net new assets were $23 billion, representing 4% annualized growth * Recruited assets(()(1)()) were $25 billion, up 35% from a year ago * Recruited assets over the trailing twelve months were $89 billion