LPL Financial Holdings Forgivable Loans increased by 119.0% to $89.78M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 119.0%, from $41.00M to $89.78M. Over 5 years (FY 2020 to FY 2025), Forgivable Loans shows an upward trend with a 46.8% CAGR.
An increase suggests aggressive advisor recruitment, while a decrease may indicate lower recruitment activity or higher amortization of existing loans.
These are loans provided to financial advisors as part of recruitment or retention incentives, which are forgiven over a...
Standard in the wealth management and brokerage industry for tracking advisor acquisition costs.
other_deferred_tax_assets_tax_deferred_expense_forgivable_loans| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $17.37M | $19.69M | $23.86M | $41.00M | $89.78M |
| QoQ Change | — | +13.4% | +21.2% | +71.8% | +119.0% |
| YoY Change | — | +13.4% | +21.2% | +71.8% | +119.0% |