LPL Financial Q3 2025: Strong Revenue & Asset Surge Despite Acquisition-Driven Loss

Gist LPL Financial posted strong Q3 growth, with adjusted EPS up about 25% and revenue up roughly 46% year over year. Despite robust top-line and asset growth to around $2.3 trillion, the firm reported a ~$30 million net loss driven by about $419 million in Commonwealth-related acquisition expenses. Overall expenses jumped roughly 66%, prompting management …

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