Skip to content
Screener

LPL Financial Holdings LPLA Client Cash — Asset-Based Fees Revenue

Other product segments

Other Asset Based Fees
$1.34B+24.9%

Similar metrics at other companies

StoneX Group Inc. logo
SNEXClient account fees — Revenue
$14.9M+101%
Raymond James Financial logo
RJFClient account and other fees — Revenue
$65M+3.2%
MSCI logo
MSCIAsset-based fees — Operating revenues
$233.1M+26.6%
Genesis Energy logo
GELFee-based revenues — Revenue
$258.31M+16.5%
Primerica logo
PRIAsset Based Revenues — Revenue
$184.76M+30.3%
First Citizens BancShares logo
FCNCAClient investment fees — Noninterest income
$59M+13.5%

Other financials

Income statement

See full
Revenue$5.2B+35.2%
Net income$379.3M+38.8%
EPS (diluted)$4.74+39.4%

Balance sheet

See full
Cash & equivalents$1.3B-78.4%
Total debt$7.5B+2.1%
Total equity$5.8B+13.4%
Total assets$19.8B+13.3%

Cash flow

See full
Operating cash flow$290.4M-14.5%
CapEx$165.8M+38.8%
Free cash flow$124.6M-43.4%

Valuation

See full
Market cap$28.34B-6.5%
Enterprise value$34.53B+8.9%
P/E28.2×+1.0×
P/S1.5×-0.7×

Profitability

See full
Net margin5.1%-2.8pp
FCF margin-12.5%-13.3pp

Returns & leverage

See full
Return on equity18.6%-10.9pp
Debt / equity1.3×-0.1×

Where this comes from

Reported directly by LPL Financial Holdings in its filing.

Tagged under the XBRL concept lpla:AssetBasedFeesRevenue.

The source filing: LPL Financial Holdings’s 10-K, filed February 23, 2026.

Filed
Feb 23, 2026, 4:48 PM EST
Fiscal year
FY2025
Accession
0001628280-26-010705
Line itemYears Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Asset-based:
Client cash1,657,8071,426,5281,509,869
Other asset-based1,338,1261,071,170867,860
Total asset-based2,995,9332,497,6982,377,729
Service and fee652,395552,020508,437
Transaction270,813236,274199,939
Interest income, net231,616187,606159,415
Other172,412144,164119,024

Item 8. Financial Statements and Supplementary Data

FAQ

What is LPL Financial Holdings's client cash — asset-based fees revenue?
LPL Financial Holdings (LPLA) reported client cash — asset-based fees revenue of $414.45M in Q4 2025.
How has LPL Financial Holdings's client cash — asset-based fees revenue changed year-over-year?
LPL Financial Holdings's client cash — asset-based fees revenue increased by 16.2% year-over-year, from $356.63M to $414.45M.
What is the long-term trend for LPL Financial Holdings's client cash — asset-based fees revenue?
Over 4 years (2021 to 2025), LPL Financial Holdings's client cash — asset-based fees revenue has grown at a 46.4% compound annual growth rate (CAGR), from $360.85M to $1.66B.
What does client cash — asset-based fees revenue mean?
This metric represents the revenue generated from fees charged on client cash balances held within the firm's brokerage and advisory platform. It reflects the income earned through interest rate spreads or service fees associated with managing uninvested cash assets for financial advisors and their clients. This revenue stream is highly sensitive to prevailing interest rate environments and the total volume of cash held in client accounts.

Ask your AI about LPL Financial Holdings's client cash — asset-based fees revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude