Lpl Financial Holdings Inc. · NASDAQ:LPLA
Lpl Financial — Investor Presentation (June 2013)
11 slides from Lpl Financial's investor presentation, June 2013
Slide 1: Q2 Investor Presentation
Q2 Investor Presentation June 2013 Member FINRA/SIPC
Slide 2: Safe harbor disclosure
Safe harbor disclosure Statements in this presentation regarding the Company's future financial and operating results, plans, strategies, goals, future market position, Service Value Commitment (SVC), future growth, future shareholder returns and insured cash account portfolio and future fees, inclu
Slide 3: An established leader…
An established leader… Our mission is to make independent advice available to every American by providing a leading business platform to independent financial advisors Support 13,377 advisors and $394 billion in assets #1 independent broker-dealer for 18 years(1) #1 investment services provider to b
Slide 4: …with scale and growing share
…with scale and growing share Ranked #1 as leading destination for advisors, with 43% indicating they would consider LPL Financial(1) Top 4 Broker-Dealer in the Industry Select Competitors as of 03/31/13 by Number of Advisors(2) Independent B/D Insurance Wirehouse Regional B/D 16,284 16,084 15,354 4
Slide 5: Serving advisors through an independent model
Serving advisors through an independent model No Supports Integrated No No No Market Direct-to- Independent Fully Open RIA & Proprietary Investment Making Consumer Financial Architecture Brokerage Products Banking Business Advisors Platform LPL Financial Member FINRA/SIPC 4
Slide 6: Positioned to capitalize on favorable industry trends
Positioned to capitalize on favorable industry trends Key Trends(1) Boom in Retirement Assets(2) ($ trillions) Over $27 trillion in addressable retail assets $20 $16 Strong growth in fee based assets $10 – 19% CAGR from 2008 through 2011 More than10,000 baby boomers 2001 2011 2014E retiring da
Slide 7: Strategy focuses on leveraging scale and scope to deliver additional value
Strategy focuses on leveraging scale and scope to deliver additional value Investing in Core Strengths Streamlining operating environment Expanding Scope Enhancing Simplifying value customer HNW Custom Clearing proposition interface Bank/Credit Union Retirement 4,500+ Driving 4,500+ 92% of Trust CCS
Slide 8: Proven track record across market cycles
Proven track record across market cycles Total Brokerage and Advisory Assets Assets ($ billions) Assets per Advisor ($ millions) $28 $29 450 $26 $25 $26 30 $24 $23 400 25 $20 350 $16 20 $14 300 $11 $11 $13 15 $11 250 10 200 $373 $394 5 150 $283 $279 $316 $330 $234 0 100 $165 50 $65 $84 $105 -5 $38 $
Slide 9: Strong cash generation and shareholder returns
Strong cash generation and shareholder returns Strong Free Cash Flow Generation Capital Deployment in 2012 Tax Benefit from IPO Cash Available for Corporate Use Cash Reserve Free Cash Flow (1) Quarterly $250 $223 dividends Share $193 $26 $193 $44 Repurchases Special Cash dividend Debt $38 (1) Acquis
Slide 10: Operational update
Operational update Continued year-over-year improvement in advisor productivity Inflection in market improvement and investor engagement lead to an extended business development sales cycles Long-term net new advisor outlook remains positive as industry trends remain intact and our pipeline is
Slide 11: LPL is a unique investment opportunity
LPL is a unique investment opportunity Near-term catalysts Fundamental Investment Attributes Improving advisor productivity and market appreciation Industry leader Normalization of expense growth Highly attractive secular Capital management and share repurchases growth trends Evolving gr
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