LPL Financial just smashed Q2 2026 earnings, raking in $5.19 billion in revenue—up 35% year over year—and beating profit forecasts, sending its stock up 5%. As the nation’s largest independent broker-dealer, it powers financial advisors without pushing its own products, a rare and trusted model. CEO Rich Steinmeier called it another strong quarter fueled by consistent advisor demand. With assets under management soaring 34% to over $2.6 trillion in just one year, LPL’s growth momentum is undeniable—and investors are taking notice.
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