Lpl Financial Holdings Inc. · NASDAQ:LPLA
Lpl Financial — Investor Presentation (January 2026)
20 slides from Lpl Financial's investor presentation, Jan 6, 2026
Slide 1: LPL Market Signals
LPL Market Signals Listen to the New Episode Now! Member FINRA/SIPC
Slide 2: Important Disclosures
Important Disclosures This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves ri
Slide 3: Agenda
Agenda 1. Market Recap: Santa Claus a No Show 2. Hot Bond Market Topics: AI Financing and EM Debt 3. What We Got Right and Wrong in 2025 4. Week Ahead: A Normal Jobs Report Member FINRA/SIPC 3
Slide 4: Market Recap
Market Recap Santa Claus a No Show Member FINRA/SIPC
Slide 5: Market Performance
Market Performance GLOBAL CAPITAL MARKET RETURNS x Price 5-Day 3-Mo. YTD 1-Yr. Price 5-Day 3-Mo. YTD 1-Yr. ($) (%) (%) (%) (%) ($) (%) (%) (%) (%) Domestic Equity Benchmarks (previous day) Global Equity Benchmarks (previous day) S&P 500 6,858.47 -1.0 2.4 0.2 18.4 MSCI All-Country World 1,019.64 -0.3
Slide 6: Market Performance (Continued)
Market Performance (Continued) GLOBAL CAPITAL MARKET RETURNS Price 5-Day 3-Mo. YTD 1-Yr. Price 5-Day 3-Mo. YTD 1-Yr. ($) (%) (%) (%) (%) ($) (%) (%) (%) (%) Fixed Income (previous day) Commodity Indices (previous day) BBG U.S. Agg. Bond Index 2,344.07 -0.2 0.5 -0.2 7.0 BBG Commodty Index 275.85 -1.1
Slide 7: S&P 500: Pulling Back From Support at Prior Highs
S&P 500: Pulling Back From Support at Prior Highs Source: LPL Research, Bloomberg, 01/04/26 Indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 7
Slide 8: Hot Topics in Bonds
Hot Topics in Bonds Financing the AI Buildout and Venezuela Effects on Emerging Market Debt Member FINRA/SIPC
Slide 9: Emerging Market Debt is Volatile
Emerging Market Debt is Volatile Venezuela Debt Rally Source: LPL Research; Bloomberg 01/05/26 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 9
Slide 10: Treasury Yields Follow Oil Prices
Treasury Yields Follow Oil Prices Source: LPL Research; Bloomberg 01/05/26 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 10
Slide 11: Tech Bond Supply in Focus in 2026
Tech Bond Supply in Focus in 2026 Source: LPL Research; Morgan Stanley 01/05/26 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 11
Slide 12: Tech Underperformed in 2025
Tech Underperformed in 2025 Source: LPL Research; Bloomberg 01/05/26 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 12
Slide 13: What We Got Right and Wrong in 2025
What We Got Right and Wrong in 2025 Thankfully, There’s More on the Right Column This Year Member FINRA/SIPC
Slide 14: Large Growth Outpaced Large Value in 2025
Large Growth Outpaced Large Value in 2025 Source: LPL Research, Bloomberg, 12/31/25 Indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 14
Slide 15: Compelling Performance by Communication Services in 2025
Compelling Performance by Communication Services in 2025 Source: LPL Research, Bloomberg, 12/31/25 Indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 15
Slide 16: EM and Developed International Equities Outperformed the U.S. in 2025
EM and Developed International Equities Outperformed the U.S. in 2025 Source: LPL Research, Bloomberg, 12/31/25 Indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 16
Slide 17: Return of the Treasury Term Premium
Return of the Treasury Term Premium Source: LPL Research, Bloomberg, 12/24/25 Indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 17
Slide 18: Week Ahead
Week Ahead A Normal Jobs Report for the First Time in a While
Slide 19: Week Ahead: A Normal Jobs Report
01/05/26 Event Period Survey Actual Prior 01/08/26 Event (Continued) Period Survey Actual Prior Week Ahead: A ISM Manufacturing ISM Prices Paid Dec Dec 48.3 59 -- -- 48.2 58.5 Wholesale Inventories MoM Wholesale Trade Sales MoM Oct F 0.20% Oct -- -- 0.50% -- -0.20% Normal Jobs ISM New Orders Dec --
Slide 20: Thank You for Joining
Thank You for Joining Member FINRA/SIPC
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