LPL Financial Holdings (LPLA) executive compensation, 2026 proxy

Richard Steinmeier, Chief Executive Officer, was paid $14.6M in 2025, up 209% from $4.7M the year before. The CEO-to-median-employee pay ratio was 156:1, on median employee pay of $93,417.

Filed
April 2, 2026
Annual meeting
May 14, 2026
Pay year
2025
Named executives
5
CEO total pay
$14.6M+209% vs prior year
CEO to median employee
156:1median $93,417
CEO pay in equity
69%$10M in awards
Prior say-on-pay support
97%of votes cast
CEO Stock Awards
$10,045,542Granted in 2025
CEO Non-Equity Incentive
$3,591,000Earned for 2025
CFO Total Compensation
$10,026,717Includes relocation expenses
Say-on-Pay Support
97%From 2025 annual meeting

How Steinmeier was paid

$14.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary6%Stock awards69%Non-equity incentive25%All other compensation0%

Named executive officers

ExecutiveTotal
Richard SteinmeierChief Executive Officer$14,574,496
Matthew AudettePresident and Chief Financial Officer$10,026,717
Matthew EnyediGroup Managing Director, Chief Client Officer$3,635,001
Greg GatesGroup Managing Director, Chief Technology and Information Officer$4,581,721
Aneri JambusariaGroup Managing Director, Chief Wealth Officer$2,555,826

What changed and why

  • $14.6MChief executive officer total compensation increased to $14,574,496 in 2025 compared to $4,717,883 in the prior year.
  • $10MStock awards granted to the chief executive officer totaled $10,045,542 during the fiscal year.
  • 97%Stockholders expressed strong support for the executive compensation program with approximately 97 percent approval.
  • The ratio of the annual total compensation of the chief executive officer to the median employee was 156 to 1.
  • $3.6MNon-equity incentive plan compensation awarded to the chief executive officer reached $3,591,000 for 2025 performance.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.