Chief Executive Officer · LPL Financial Holdings Inc. (LPLA)

Richard Steinmeier

A named executive officer of LPL Financial in every fiscal year CompBrief holds from FY2018 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$14,574,496

FY2024: $4,717,883

1st of 5 named executive officers at LPL Financial by FY2025 total.

5 named officers on file for LPL Financial, FY2025

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What this number hides

The filing gives the total. LPL Financial’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 2, 2026 (DEF 14A).

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Richard Steinmeier compensation by year

LPL Financial Summary Compensation Table · all 8 fiscal years held
In US dollars, as LPL Financial reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$173,836$450,000$493,716$500,000$540,192$592,308$663,461$900,000
Bonus$500,000$0$0$0$0$0$0$0
Stock awards$1,869,879$557,281$883,689$1,788,720$1,440,671$1,381,540$2,022,617$10,045,542
Option awards$0$179,546$0$0$0$0$0$0
Non-equity incentive$265,000$780,000$982,000$1,280,000$1,300,000$1,675,000$2,000,000$3,591,000
Pension and deferred compensation$0$0$0$0$0$0$0$0
All other$234,643$253,359$80,841$28,384$32,751$80,518$31,805$37,954
Total$3,043,358$2,220,186$2,440,246$3,597,104$3,313,614$3,729,366$4,717,883$14,574,496

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: LPL Financial Holdings Inc. DEF 14A filed April 2, 2026, accession 0001193125-26-140066, and prior-year filings.

How this page was built: the LPL Financial Holdings Inc. filed document, accession 0001193125-26-140066. Every figure is read from that document and cited to the page and table it appears in. Filed April 2, 2026.

$3.0M
$2.2M
$2.4M
$3.6M
$3.3M
$3.7M
$4.7M
$14.6M
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU32,532$11,619,454—
RSU7,810$2,789,498—
RSU6,971$2,489,832—
RSU2,255$805,418—
RSU1,736$620,047—
RSU619$221,088—

Per the Outstanding Equity Awards at Fiscal Year-End table in LPL Financial Holdings Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments LPL Financial discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and resignation for good reason$1,350,000$6,855,878$28,355$12,284,233
Involuntary termination without cause$900,000$4,885,729$18,903$9,395,632
Resignation for good reason, no change in control$900,000$4,885,729$18,903$9,395,632
Death—$6,855,878—$6,855,878
Disability—$6,855,878—$6,855,878
Retirement—$6,855,878—$6,855,878
Change in control and involuntary termination$1,350,000$6,855,878$28,355$12,284,233

Per the Potential Payments Upon Termination or Change in Control table in LPL Financial Holdings Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

LPL Financial’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Richard Steinmeier · this pageChief Executive Officer$14,574,496
Matthew AudettePresident and Chief Financial Officer$10,026,717
Greg GatesGroup Managing Director, Chief Technology and Information Officer$4,581,721
Matthew EnyediGroup Managing Director, Chief Client Officer$3,635,001
Aneri JambusariaGroup Managing Director, Chief Wealth Officer$2,555,826

Board service

LPL Financial board · FY2024–FY2025

How this board is paid

Company policy: LPL Financial pays directors a $105,000 cash retainer and $205,000 in Restricted Stock. As stated in LPL Financial's FY2025 proxy.

The full LPL Financial compensation record

free company brief

This page is one person within LPL Financial's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order LPL Financial's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are LPL Financial's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Richard Steinmeier's compensation dossier