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LPLANASDAQMarket openCloses 4:00pm ET

LPL Financial Holdings Inc.

$314.45Last updated
+$0.09 (0.03%)Past day
Timezone

LPL Financial Holdings Inc. (NASDAQ: LPLA) is trading at $314.45, about ₹30,165 at today's USD/INR rate, as of 28 Sep 2026, 12:33 PM ET, up 0.03% today. Indian residents can buy LPL Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$314.34
Previous close:$314.36
Volume:240.70K

Today's low

$310.41

Today's high

$315.26

52 week low

$260.15

52 week high

$400.16

LPLA opened at $314.34, closed previously at $314.36, and has traded between $260.15 and $400.16 over the past 52 weeks.

About

LPL Financial Holdings Inc., operating through its subsidiaries, delivers an integrated ecosystem of brokerage and investment advisory solutions. These services are primarily aimed at independent financial professionals and advisors affiliated with financial institutions across the United States. The firm's brokerage division offers a diverse range of financial instruments, encompassing various annuities (both variable and fixed), mutual funds, equities, and savings vehicles for retirement and education. It also includes fixed income products, insurance, and specialized alternative investments such as non-traded real estate investment trusts and auction rate notes. Furthermore, LPL provides advanced advisory platforms that facilitate access to mutual funds, exchange-traded funds (ETFs), stocks, bonds, specific option strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. The company also extends its offerings to include money market programs and versatile retirement solutions. These solutions support both commission-based and fee-based services, empowering advisors to furnish brokerage services, consultation, and strategic advice to retirement plan sponsors. Additional services encompass essential tools designed to help advisors maintain and grow their practices. LPL also offers trust, investment management oversight, and custodial services tailored for estates and families, alongside insurance brokerage general agency services. Complementing these are sophisticated technology products, including proposal generation, investment analytics, and portfolio modeling capabilities. Founded in San Diego, California, in 1989, the company initially operated as LPL Investment Holdings Inc. before officially changing its name to LPL Financial Holdings Inc. in June 2012.

Country
US
CEO
Richard Steinmeier
Exchange listed on
NASDAQ
Industry
Financial - Capital Markets
Base currency
USD
Full Time Employees
10,081
Sector
Financial Services
IPO date
18/11/2010

Key statistics

Avg. volume

868.74K

Market cap

$25.15B

P/E Ratio

24.98

Price-to-sales ratio

1.28

Enterprise value

$29.92B

Free cash flow yield

-4.19%

Debt-to-equity ratio

1.30

Return on equity

18.45%

ROIC

10.05%

Beta

0.48

Dividend yield

0.38%

Last dividend

$1.20

Financial overview

Revenue

$16.99B

Earnings per share

$10.97

Free cash flow

-$993.42M

Net profit margin

5.13%

Gross margin

25.19%

EBITDA

$2.18B

Revenue growth

37.18%

Similar securities

This is not an investment recommendation

How to buy LPL Financial from India

Indian residents can buy LPL Financial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for LPL Financial and place an order

    Find LPL Financial by name or by its ticker, LPLA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. LPL Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your LPL Financial position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in LPL Financial from India

Trading and taxes when buying LPL Financial from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. LPL Financial’s current yield is 0.38%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy LPL Financial stock?

Yes. LPL Financial (LPLA) has been listed on NASDAQ since 2010, in the Financial - Capital Markets industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one LPL Financial share cost in rupees?

One LPL Financial share is $314.45 — about ₹30,165 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the LPL Financial price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying LPL Financial from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy LPL Financial with less than the price of one share?

Yes. A whole LPL Financial share is $314.45, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

How are gains on LPL Financial shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the LPL Financial price. Paasa issues a capital-gains statement for your return.

Does LPL Financial pay a dividend, and how is it taxed in India?

Yes. LPL Financial pays a dividend and the current yield is 0.38%; the last declared dividend was $1.20 per share, about ₹115.12. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade LPL Financial from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on LPL Financial shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare LPL Financial shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your LPL Financial holding, its cost and its closing value.

How do I sell LPL Financial and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.