Richard Steinmeier - LPL Financial President

LPLA Stock  USD 326.85  3.61  1.12%   

President

Mr. Richard Steinmeier is Managing Director, Divisional President, Business Development of the company. Mr. Steinmeier has served as managing director and divisional president, business development of LPL Financial since August 2018. In this role, he has responsibility for recruiting new financial advisors and institutions to LPL Financial and to existing advisor practices, as well as exploring new markets and merger and acquisition opportunities. Prior to joining LPL Financial, Mr. Steinmeier served as managing director, head of digital strategy and platforms for UBS Wealth Management Americas from September 2017 to August 2018 and as managing director, head of the Emerging Affluent Segment and Wealth Advice Center from August 2012 to September 2017. Prior to UBS, Mr. Steinmeier held a variety of leadership roles at Merrill Lynch, most recently as managing director of the Merrill Edge Advisory Center from February 2009 to August 2012. Prior to joining Merrill Lynch, he served as an engagement manager at McKinsey Company from 2002 to 2006 since 2018.
Age 50
Tenure 6 years
Professional MarksMBA
Address 4707 Executive Drive, San Diego, CA, United States, 92121
Phone800 877 7210
Webhttps://www.lpl.com
Steinmeier earned a B.S. in Economics from the Wharton School at the University of Pennsylvania and an M.B.A. from Stanford University.

LPL Financial Management Efficiency

The company has return on total asset (ROA) of 0.0995 % which means that it generated a profit of $0.0995 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4136 %, meaning that it created $0.4136 on every $100 dollars invested by stockholders. LPL Financial's management efficiency ratios could be used to measure how well LPL Financial manages its routine affairs as well as how well it operates its assets and liabilities. At present, LPL Financial's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.11, whereas Return On Capital Employed is forecasted to decline to 0.13. At present, LPL Financial's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 5.1 B, whereas Total Assets are forecasted to decline to about 5.7 B.
LPL Financial Holdings currently holds 3.96 B in liabilities with Debt to Equity (D/E) ratio of 1.36, which is about average as compared to similar companies. LPL Financial Holdings has a current ratio of 7.78, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about LPL Financial's use of debt, we should always consider it together with its cash and equity.

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LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California. Lpl Financial operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 5900 people. LPL Financial Holdings (LPLA) is traded on NASDAQ Exchange in USA. It is located in 4707 Executive Drive, San Diego, CA, United States, 92121 and employs 8,787 people. LPL Financial is listed under Investment Banking & Brokerage category by Fama And French industry classification.

Management Performance

LPL Financial Holdings Leadership Team

Elected by the shareholders, the LPL Financial's board of directors comprises two types of representatives: LPL Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LPL. The board's role is to monitor LPL Financial's management team and ensure that shareholders' interests are well served. LPL Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LPL Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marc CFA, Chief Officer
Althea Brown, MD Officer
Judith Ricketts, Executive Operations
Dayton Semerjian, MD Officer
Corey Staten, Executive Service
Aneri CFP, Managing Group
Brent Simonich, Chief VP
Michelle Oroschakoff, Chief Risk Officer and Managing Director
MA BA, MD Officer
Chris Koegel, Senior Vice President Investor Relations
Greg Gates, MD Officer
Richard Steinmeier, Managing Director, Divisional President Business Development
Matthew BS, CFO Operations
Arnold BS, CEO Pres
Sara Dadyar, MD Officer
Kabir Sethi, MD Officer
Robert Krivit, Senior Trading
Matthew Enyedi, Managing Success

LPL Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LPL Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether LPL Financial Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LPL Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lpl Financial Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lpl Financial Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LPL Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LPL Financial. If investors know LPL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LPL Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.165
Dividend Share
1.2
Earnings Share
13.34
Revenue Per Share
153.926
Quarterly Revenue Growth
0.232
The market value of LPL Financial Holdings is measured differently than its book value, which is the value of LPL that is recorded on the company's balance sheet. Investors also form their own opinion of LPL Financial's value that differs from its market value or its book value, called intrinsic value, which is LPL Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LPL Financial's market value can be influenced by many factors that don't directly affect LPL Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LPL Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if LPL Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LPL Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.