LPL Financial Holdings Inc. — Form 8-K

LPL Financial reported Q2 2026 net income of $379 million ($4.74 diluted EPS), up 39% YoY. Adjusted EPS rose 29% to $5.84. Total client assets grew 34% to $2.6 trillion; advisory assets jumped 46% to $1.5 trillion (60.4% of total). Commonwealth acquisition on track for Q4 2026 completion with estimated run-rate EBITDA increased to $435 million from $410 million; Mariner Advisor Network ($31B AUM, 367 advisors) closed with 223 affiliating directly to LPL, 144 transitioning to Private Advisor Group. Company deployed $21M for four acquisitions in Q2, resumed $309M share repurchase program (with $300M planned Q3), and Board approved $2.5B additional repurchase authorization on July 23, 2026. Leverage ratio 1.91x; core G&A outlook lowered to $2,140–2,165M for full year 2026.