LPL Financial

LPL Financial is a prominent independent broker-dealer firm in the United States, established in 1989 through the merger of Linsco and Private Ledger. The company aims to provide independent financial advisors with the necessary resources and support to effectively serve their clients, positioning itself as an alternative to traditional Wall Street firms. LPL Financial offers a comprehensive range of services and products, including brokerage services for managing client investments, access to various investment products like mutual funds and stocks, and advanced wealth management tools. The firm also provides business support, including operational assistance, compliance guidance, and marketing resources, to help advisors grow their practices. LPL primarily serves a network of thousands of independent financial advisors, who cater to a diverse clientele, including individuals, families, and institutions.

Financial Services San Diego, United States Founded 1989 ~10,843 employees NASDAQ: LPLA

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Employees
10,843
+1.9% in 3 months
Revenue / employee
$1.2M
Revenue ~$13.2B
Stock
LPLA
NASDAQ
12-month attrition
7.8%
Tech: 11%
H1B filings, FY2026
59
Sponsors visas
Open jobs
138
Last 30 days

Headcount trend

LPL Financial went from 9,295 employees in Jul 2023 to 10,843 in Jun 2025. Last 6 months: 739 people joined, 272 left.

Org structure

Headcount by department

Other4,677
Finance2,270
Operations1,551
Engineering965
Sales562
Success253
Marketing251
HR152

Executive compensation

Hiring now

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Salaries at LPL Financial

All salaries

73 salary profiles in the US

Most reported roles

Pay by level, gender and ethnicity

H-1B sponsorship

H-1B Sponsorship Moderate
H-1B Filings by Department
Engineering220
Operations18
IT9
Finance5

The department split adds up all the years listed above. FY2026 alone: 59 filings.

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LPL Financial FAQ

How many employees does LPL Financial have?

LPL Financial has about 10,843 employees, up 1.9% over the last 3 months (as of Jun 2025).

Does LPL Financial sponsor H1B visas?

Yes. LPL Financial filed 59 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.

What is LPL Financial's revenue per employee?

LPL Financial makes about $1.22M in revenue per employee, based on $13.22B annual revenue and 10,843 employees.

How much does LPL Financial pay?

6figr has 73 salary profiles for LPL Financial in the US, with pay broken down by role, level, gender and ethnicity on the LPL Financial salaries page. See LPL Financial salaries

Is LPL Financial a public company?

Yes. LPL Financial is publicly traded under the ticker LPLA on NASDAQ.

Data from Apollo, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 11 Oct 2026.