LPL Financial Holdings Inc. (LPLA) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.637 Good afternoon and thank you for joining the first quarter 2026 earnings conference call 00:00:04.637 -- 00:00:09.744 for LPL Financial Holdings Inc. Joining the call today are Chief Executive Officer 00:00:09.744 -- 00:00:14.150 Rich Steinmeier and President and Chief Financial Officer Matt Audet. 00:00:14.150 -- 00:00:19.377 Rich and Matt will offer introductory remarks and then the call will be open for questions. 00:00:19.377 -- 00:00:24.736 The company would appreciate if analysts would limit themselves to only one question. 00:00:24.736 -- 00:00:27.619 To ask a follow-up, please re-enter the queue. 00:00:27.619 -- 00:00:32.764 The company has posted its earnings press release and supplementary information on the 00:00:32.764 -- 00:00:38.047 investor relations section of the company's website, investor.lpl.com. 00:00:39.151 -- 00:00:44.136 Today's call will include forward-looking statements, including statements about LPL 00:00:44.136 -- 00:00:49.341 Financial's future financial and operating results, outlook, business strategies, 00:00:49.341 -- 00:00:54.501 and plans, as well as other opportunities and potential risks that management 00:00:54.501 -- 00:00:59.568 foresees. Such forward-looking statements reflect management's current estimates 00:00:59.568 -- 00:01:04.856 or beliefs and are subject to known and unknown risks and uncertainties that may cause 00:01:04.856 -- 00:01:10.103 actual results or the timing of events to differ materially from those 00:01:10.103 -- 00:01:13.015 expressed or implied in such forward-looking statements. 00:01:13.015 -- 00:01:18.244 For more information about such risks and uncertainties, the company refers listeners 00:01:18.244 -- 00:01:23.312 to the disclosures set forth under the captio...