LPL Financial Holdings Inc. has announced its financial results for the second quarter of 2025. The company reported a net income of $273 million, translating to diluted earnings per share of $3.40, marking a 5% increase from $244 million, or $3.23 per share, in the second quarter of 2024. Adjusted earnings per share rose by 16% year-over-year to $4.51. Gross profit saw a 21% year-over-year increase, amounting to $1.304 billion. The company's total advisory and brokerage assets grew by 28% year-over-year, reaching $1.9 trillion, with advisory assets alone increasing by 28% to $1.1 trillion. Total organic net new assets were reported at $21 billion, representing 5% annualized growth. LPL Financial's Board of Directors declared a $0.30 per share dividend, payable on August 29, 2025, to stockholders of record as of August 15, 2025. In terms of business updates, LPL Financial completed the conversion of Atria Wealth Solutions, Inc. to its platform and is preparing to onboard First Horizon Bank in the third quarter of 2025. The company is also set to complete the acquisition of Commonwealth.