LPL Financial cuts 2026 core G&A outlook to USD 2.14 billion-2.17 billion

Reuters2026/07/30 20:45

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LPL Financial cut its 2026 core G&A outlook to USD 2.14-2.17 billion from USD 2.16-2.19 billion.
The outlook includes USD 370-375 million tied to Commonwealth; core G&A excluding Commonwealth seen at USD 1.77-1.79 billion.
Core G&A excluding Commonwealth implies about 4%-5.5% year-over-year growth.
Q2 gross profit was USD 1.62 billion; adjusted pre-tax income was USD 635 million; adjusted EPS was USD 5.84.
Total client assets were USD 2.56 trillion; total organic net new assets were USD 22.5 billion; annualized organic growth rate was 3.9%.

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LPL Financial cuts 2026 core G&A outlook to USD 2.14 billion-2.17 billion

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