LPL Financial cuts 2026 core G&A outlook to USD 2.14 billion-2.17 billion - LPLA News | RalliesLPL Financial cuts 2026 core G&A outlook to USD 2.14 billion-2.17 billion
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LPLA• Quarterly financial and asset metrics
- Q2 gross profit was USD 1.62 billion; adjusted pre-tax income was USD 635 million; adjusted EPS was USD 5.84.
- Total client assets were USD 2.56 trillion; total organic net new assets were USD 22.5 billion; annualized organic growth rate was 3.9%.
2026 core G&A outlook lowered
- LPL Financial cut its 2026 core G&A outlook to USD 2.14-2.17 billion from USD 2.16-2.19 billion.
- The outlook includes USD 370-375 million tied to Commonwealth; core G&A excluding Commonwealth seen at USD 1.77-1.79 billion.
- Core G&A excluding Commonwealth implies about 4%-5.5% year-over-year growth.
