Top 500 by Daily Volume Strategy Generates 166.71% Return Outperforming Benchmark by 137.53% Since 2022

On July 31, 2025, LPL Financial (LPLA) closed with a 0.82% decline, trading at a volume of 0.50 billion shares. The firm reported second-quarter net income of $273 million, a 5% year-over-year increase, with diluted earnings per share (EPS) of $3.40. Adjusted EPS rose 16% to $4.51, driven by a 28% annual growth in total advisory and brokerage assets to $1.9 trillion. Organic net new assets reached $21 billion, reflecting 5% annualized growth, while client cash balances stood at $51 billion, up $7 billion year-over-year.

Strategic acquisitions remain a key growth driver. The Atria Wealth Solutions conversion was completed, and the Commonwealth Financial Network acquisition, expected to close on August 1, 2025, is projected to add $305 billion in assets. The company also announced plans to onboard First Horizon Bank in Q3 2025, which supports $17 billion in assets. Capital deployment totaled $105 million in Q2, funding nine liquidity and succession deals. A BBB credit rating from Fitch and a leverage ratio of 1.23x underscored its financial resilience, supported by $3.6 billion in corporate cash.

The board declared a $0.30 per share dividend, payable August 29, 2025. Management revised its 2025 Core G&A outlook to $1.72 billion–$1.75 billion, factoring in costs from the Commonwealth acquisition. Forward-looking initiatives, including Prudential and Atria integration, are positioned to enhance long-term shareholder value. The firm’s robust balance sheet and expanding asset base suggest continued momentum in wealth management.

A strategy of purchasing the top 500 stocks by daily trading volume and holding for one day generated a 166.71% return from 2022 to the present, outperforming the benchmark by 137.53%. This approach effectively captured market momentum through high-liquidity stocks, maintaining viability despite recent market fluctuations.