LPL Financial (LPLA) Tops Q2 EPS by 1c
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LPL Financial Announces Financial Results for Second Quarter 2015
August 5, 2015 6:05 AM EDTÂ - Advisory and brokerage assets grew 4% year-over-year to $486 billion -
- Net new advisory assets reached a record $18 billion over the past 12 months -
- Share repurchases totaled 2.1 million shares at an investment of $86 million -
BOSTON, Aug. 05, 2015 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) (the Company), parent company of LPL Financial LLC (LPL Financial), today announced its quarterly financial and business results. Assets reached $486 billion as of June 30, 2015, up 4% compared to the second quarter of 2014 and Hybrid RIA assets increased to a record $112 billion.
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