Richard Steinmeier is Chief Executive Officer of LPL Financial Holdings Inc. (LPLA). The company reported total compensation of $14,574,496 for fiscal year 2025.
| Salary | $900,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $10,045,542 |
| Option awards | $0 |
| Non-equity incentive plan | $3,591,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $37,954 |
| Total | $14,574,496 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure LPL Financial Holdings Inc. filed April 2, 2026, accession 0001193125-26-140066.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $900,000 | $0 | $10,045,542 | $0 | $3,591,000 | $0 | $37,954 | $14,574,496 |
| FY2024 | President and Chief Executive Officer | $663,461 | — | $2,022,617 | — | $2,000,000 | — | $31,805 | $4,717,883 |
| FY2023 | President and Chief Executive Officer | $592,308 | — | $1,381,540 | — | $1,675,000 | — | $80,518 | $3,729,366 |
| FY2022 | President and Chief Executive Officer | $540,192 | $0 | $1,440,671 | $0 | $1,300,000 | $0 | $32,751 | $3,313,614 |
| FY2021 | Executive Vice President and Chief Growth Officer | $500,000 | $0 | $1,788,720 | $0 | $1,280,000 | $0 | $28,384 | $3,597,104 |
| FY2020 | Executive Vice President and Chief Growth Officer | $493,716 | $0 | $883,689 | $0 | $982,000 | $0 | $80,841 | $2,440,246 |
| FY2019 | Executive Vice President and Chief Growth Officer | $450,000 | $0 | $557,281 | $179,546 | $780,000 | $0 | $253,359 | $2,220,186 |
Totals as disclosed in each year's own compensation disclosure for LPL Financial Holdings Inc..
| Peer-group chief executive median | $18,908,297 |
|---|---|
| Difference from that median | $-4,333,801 |
| Percentile within the disclosed peer group | 13th |
| Peers with a disclosed figure | 15 |
Medians and percentiles are computed across the peer group LPL Financial Holdings Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Richard Steinmeier this page | Chief Executive Officer | $14,574,496 |
| Matthew Audette | President and Chief Financial Officer | $10,026,717 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full LPL Financial Holdings Inc. compensation brief.
Richard Steinmeier's compensation sits inside LPL Financial Holdings Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.