LPL Financial Holdings Inc at Credit Suisse Financial Services Forum Transcript

Feb 27, 2020 / 04:20PM GMT
Craig William Siegenthaler - Crédit Suisse AG - Research Division - MD

All right. Good morning, everyone. Let's get started. This is Craig Siegenthaler from Crédit Suisse, and it's my pleasure to introduce Matt Audette. Matt is LPLA's Chief Financial Officer and is also responsible for LPLA's core functions, including financial planning and analysis, treasury, corporate development and investor relations. Prior to joining LPLA in 2015, Matt was the Chief Financial Officer at E*TRADE and spent 16 years there. The LPLA stock is coming off 3 consecutive years of strong outperformance versus broker peers. And what's really amazing is the stock still trades around 11x earnings. So it's been all driven by earnings growth. First, Matt, congrats on your stock performance.

Matthew Jon Audette - LPL Financial Holdings Inc. - CFO

Thank you.

Craig William Siegenthaler - Crédit Suisse AG - Research Division - MD

For those of you who don't know LPLA, it's a purely independent

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