LPL Financial Holdings Inc. Earnings Call Transcript

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LPL Financial Holdings Inc. (NASDAQ:LPLA) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET

Company Participants

Dan Arnold - President and CEO
Matt Audette - CFO and Head of Business Operations

Conference Call Participants

Steven Chubak - Wolfe Research
Devin Ryan - Citizens JMP
Alex Blostein - Goldman Sachs
Michael Cyprys - Morgan Stanley
Kyle Voigt - KBW
Michael Cho - J.P. Morgan
Dan Fannon - Jefferies
Brennan Hawken - UBS

Operator

Good afternoon, and thank you for joining the Second Quarter 2024 Earnings Conference Call for LPL Financial Holdings Inc. Joining the call today are the President and Chief Executive Officer, Dan Arnold; and Chief Financial Officer and Head of Business Operations, Matt Audette. Dan and Matt will offer introductory remarks, and then the call will be open for your questions. The company would appreciate if analysts would limit themselves to one question and one follow-up each. The company has posted its earnings press release and supplementary information on the Investor Relations section of the company's Web site, investor.lpl.com.

Today's call will include forward-looking statements, including statements about LPL Financial's future financial and operating results, outlook, business strategies and plans, as well as other opportunities and potential risks that management foresees. Such forward-looking statements reflect management's current estimates and beliefs and are subject to known and unknown risks and uncertainties that may cause actual results or the timing of events to differ materially from those expressed or implied in such forward-looking statements.

For more information about such risks and uncertainties, the company refers listeners to the disclosure set forth under the caption forward-looking statements in the earnings press release, as well as the risk factors and other disclosures contained in the company's recent filing with the Securities and Exchange Commission.

During the call, the company will also discuss