LPL Financial Holdings Inc. Files Definitive Proxy Statement

Ticker: LPLA · Form: DEF 14A · Filed: Mar 28, 2024 · CIK: 1397911

Sentiment: neutral

Topics: LPL Financial, DEF 14A, Proxy Statement, Corporate Governance, Executive Compensation

TL;DR

<b>LPL Financial Holdings Inc. has filed its Definitive Proxy Statement for the period ending May 9, 2024.</b>

AI Summary

LPL Financial Holdings Inc. (LPLA) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. LPL Financial Holdings Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024. The filing covers the period ending May 9, 2024. The company's fiscal year ends on December 31. LPL Financial Holdings Inc. is classified under the SIC code 6200 (Security & Commodity Brokers, Dealers, Exchanges & Services). The company was formerly known as LPL Investment Holdings Inc. before a name change on April 27, 2007.

Why It Matters

For investors and stakeholders tracking LPL Financial Holdings Inc., this filing contains several important signals. This DEF 14A filing is a standard disclosure for publicly traded companies, providing shareholders with information regarding annual meetings, director elections, executive compensation, and other corporate governance matters. Shareholders should review this document to understand key proposals, director nominees, and compensation details before the annual meeting.

Risk Assessment

Risk Level: low — LPL Financial Holdings Inc. shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance disclosures rather than material events or financial performance changes.

Analyst Insight

Review the executive compensation details and any shareholder proposals within the DEF 14A to assess potential impacts on corporate strategy and shareholder value.

Key Numbers

Key Players & Entities

FAQ

When did LPL Financial Holdings Inc. file this DEF 14A?

LPL Financial Holdings Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by LPL Financial Holdings Inc. (LPLA).

Where can I read the original DEF 14A filing from LPL Financial Holdings Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by LPL Financial Holdings Inc..

What are the key takeaways from LPL Financial Holdings Inc.'s DEF 14A?

LPL Financial Holdings Inc. filed this DEF 14A on March 28, 2024. Key takeaways: LPL Financial Holdings Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024.. The filing covers the period ending May 9, 2024.. The company's fiscal year ends on December 31..

Is LPL Financial Holdings Inc. a risky investment based on this filing?

Based on this DEF 14A, LPL Financial Holdings Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate governance disclosures rather than material events or financial performance changes.

What should investors do after reading LPL Financial Holdings Inc.'s DEF 14A?

Review the executive compensation details and any shareholder proposals within the DEF 14A to assess potential impacts on corporate strategy and shareholder value. The overall sentiment from this filing is neutral.

How does LPL Financial Holdings Inc. compare to its industry peers?

LPL Financial Holdings Inc. operates in the Security & Commodity Brokers, Dealers, Exchanges & Services industry.

Are there regulatory concerns for LPL Financial Holdings Inc.?

The filing is a DEF 14A, which is a regulatory filing required by the SEC under the Securities Exchange Act of 1934.

Industry Context

LPL Financial Holdings Inc. operates in the Security & Commodity Brokers, Dealers, Exchanges & Services industry.

Regulatory Implications

The filing is a DEF 14A, which is a regulatory filing required by the SEC under the Securities Exchange Act of 1934.

What Investors Should Do

  1. Analyze the detailed breakdown of executive compensation for named executive officers.
  2. Examine the list of director nominees and their qualifications.
  3. Review any shareholder proposals and management's recommendations.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure. No specific comparative data from a prior filing was immediately available in the provided text.

Filing Stats: 4,708 words · 19 min read · ~16 pages · Grade level 14.5 · Accepted 2024-03-28 16:54:18

Key Financial Figures

Filing Documents

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 69 Certain Relationships and Related Party Transactions 71 Proposal 2: Ratification of the Appointment of Deloitte & Touche LLP by the Audit and Risk Committee of the Board of Directors as Our Independent Registered Public Accounting Firm 72 Report of the Audit and Risk Committee of the Board of Directors 74 Proposal 3: Approval, in an Advisory Vote, of the Compensation Paid to Our Named Executive Officers 75 Stockholder Proposals and Other Matters 77 Delinquent Section 16(a) Reports 79 Other Information 80 Appendix A: Non-GAAP Financial Measures 81 Table of Contents General Information LPL FINANCIAL HOLDINGS INC. Proxy Statement 2024 Annual Meeting of Stockholders General Information Introduction This proxy statement and the accompanying Notice of Annual Meeting of Stockholders are being furnished to the holders of common stock, $0.001 par value per share (the "Common Stock"), of LPL Financial Holdings Inc., a Delaware corporation (the "Company," "we" or "our"), in connection with the Company's 2024 annual meeting of stockholders (the "Annual Meeting"). As a stockholder of the Company as of 5:00 p.m. Eastern Time on March 11, 2024 (the "Record Date"), you are entitled and requested to vote on the items of business described in this proxy statement. The Annual Meeting will be held on Thursday, May 9, 2024 at the offices of the Company, 1055 LPL Way, Fort Mill, South Carolina 29715, at 8:00 a.m., local time. We invite all stockholders to attend the Annual Meeting. Please see "Attending the Annual Meeting" below for instructions if you plan to attend. Notice of Internet Availability of Proxy Statement and Annual Report As permitted by the Securities and Exchange Commission (the "SEC"), we are making this proxy statement, the accompanying proxy card and our 2023 annual report on Form 10-K (the "Annual Report") available to our stockholders electron

: Gender Identity

Part I: Gender Identity Male Female Non-Binary Did Not Disclose Gender Directors 7 3

: Demographic Background

Part II: Demographic Background African American or Black 1 Alaskan Native or American Indian Asian 1 Hispanic or Latinx Native Hawaiian or Pacific I

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on Read The Filing