LPL Financial says Q2 2026 adjusted EPS hits record USD 5.84 on organic asset growth, expense discipline

• LPL Financial posted Q2 2026 adjusted EPS of 5.84 as organic growth improved and expense discipline lifted adjusted pre-tax margin to 39.3%.
• Total client assets rose 10% from Q1 to USD 2.6 trillion, helped by a market rebound; organic net new assets were USD 23 billion, a 4% annualized rate.
• Recruiting strengthened, with recruited assets of USD 25 billion; overall asset retention held at 97% for the quarter and over the past 12 months.
• Gross profit was USD 1.62 billion; client cash revenue slipped to USD 457 million as cash balances fell to USD 56.9 billion, while ICA yield held at 336 bps.
• Core G&A fell to USD 519 million; the full-year outlook was cut to USD 2.14 billion-USD 2.17 billion, while share repurchases accelerated to USD 309 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LPL Financial Holdings Inc. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.