LPL Financial Holdings Inc. (LPLA)

Broker-dealer platform for independent advisors. Read October 19, 2026 from the annual report for the period ending December 31, 2025, filed February 23, 2026. Ranked 66 of the 88 Financial Services companies read so far, by the share within reach now.

LPL Financial's table counts 10,099 employees at December 31, 2025, up 12% with the Commonwealth transaction, supporting independent financial advisors who are not employees, with no count by kind of work, so one pattern takes the whole workforce at securities and investment activities by description (c).

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 36% now, 61% at the end of 2027, 71% at the end of 2028, 74% at the end of 2030. By the patterns, the work is about 74% desk work, 23% people work and 3% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 26% of the working time stays with people (conversation, in-person and hands-on work), 64% becomes checking a model's work and 7% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

10,099 employees as of December 31, 2025 (stated). The filing describes competition for talent across geographical areas within the United States; no count by country is stated.

The filing: “The following table sets forth our number of employees for the periods presented: December 31, 2025 10,099; 2024 9,032; 12% change.”

The workforce as industry patterns

What the filing says about the workforce: 10,099 employees, up 12% with the Commonwealth transaction; the financial advisors on the platform are independent and not employees; no union share is stated.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Securities, Commodity Contracts, and Other Financial Investments and Related Activities, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Morgan Stanley (MS, 83,000 employees)36% now, 71% by 2028
• State Street Corporation (STT, 52,000 employees)36% now, 71% by 2028
• Bank of New York Mellon Corp (BNY, 48,100 employees)36% now, 71% by 2028
• The Goldman Sachs Group, Inc. (GS, 47,400 employees)36% now, 71% by 2028
• S&P Global Inc. (SPGI, 44,500 employees)32% now, 70% by 2028
• The Charles Schwab Corporation (SCHW, 33,000 employees)36% now, 71% by 2028
• BlackRock, Inc. (BLK, 24,900 employees)35% now, 71% by 2028
• Northern Trust Corporation (NTRS, 23,800 employees)36% now, 71% by 2028

What the filing says about AI

17 sentences in the filing name AI. The filing names competitors' investments in AI and machine learning and AI-augmented wealth management as pricing pressures, and its own current and future use of AI, machine learning and generative AI within its platform and services.

• “Additionally, we expect our current and future competitors to continue to invest in, develop and integrate new technologies, including artificial intelligence and machine learning solutions, to reduce costs associated with providing wealth management services.”
• “Competition from other financial services firms, such as reduced or zero commissions to attract clients or trading volume, direct-to-investor online financial services, including so-called "robo" advice, wealth management services augmented by artificial intelligence, or higher deposit rates to attract client cash balances, could result in pricing pressure or otherwise adversely impact our busi...”
• “We currently, and may in the future use, develop and incorporate systems and tools that leverage artificial intelligence and other machine learning and large language models, including generative artificial intelligence (collectively, "AI"), within our technology platform and services.”
• “The use of AI could exacerbate existing risks or create new and unpredictable risks to our business, which could impact the markets in which we operate or subject us to increased competition and regulation.”
• “The development, adoption and application of AI technologies are still in their early stages, and ineffective or inadequate AI governance, development or deployment practices by us or by third-party developers or vendors could result in unintended consequences, and may not yield the benefits, insights and efficiencies that we or others anticipate.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20210median 0
• Fiscal 20220median 0
• Fiscal 202310median 1
• Fiscal 202411median 4
• Fiscal 202517median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• The advisors the platform serves are independent and not employees (rule 8).
• The U.S. share rests on the filing's description, not a stated count.

Source: the company's annual report on EDGAR, accession 0001628280-26-010705, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.