Correlation Between Vanguard 500 and LPL Financial | VFINX vs. LPLA (2024)

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Correlation Between Vanguard 500 and LPL Financial | VFINX vs. LPLA? ›

Assuming the 90 days horizon Vanguard 500 is expected to generate 1.3 times less return on investment than LPL Financial. But when comparing it to its historical volatility, Vanguard 500 Index is 1.99 times less risky than LPL Financial. It trades about 0.08 of its potential returns per unit of risk.

The average price target represents 5.39% Increase from the current price of $282.77. What do analysts say about LPL Financial? LPL Financial's analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.

Vanguard S&P 500 ETF (VOO)

Expense ratio: 0.03 percent. That means every $10,000 invested would cost $3 annually. Who is it good for?: Great for investors looking for a broadly diversified index fund at a low cost to serve as a core holding in their portfolio.

While we are not a bank, LPL utilizes cash sweep programs that offer FDIC insurance through FDIC- insured financial institutions. LPL offers two bank deposit sweep programs, the LPL Insured Cash Account (ICA) and LPL Deposit Cash Account (DCA).

The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. LPL Financial Holdings debt/equity for the three months ending March 31, 2024 was 1.70.

Pair Corralation between Vanguard 500 and LPL Financial

Assuming the 90 days horizon Vanguard 500 is expected to generate 1.3 times less return on investment than LPL Financial. But when comparing it to its historical volatility, Vanguard 500 Index is 1.99 times less risky than LPL Financial.

Financial Performance and Liquidity Position

LPL is a Fortune 500 company, serving more than 21,000 financial professionals with over $1 trillion in brokerage and advisory client assets. Our balance sheet is strong, with over $200 million of excess cash and modest leverage below our conservative management targets.

Investors looking for ETFs that have beaten both the S&P 500 and the Nasdaq Composite over the last year have come to the right place. Here's a closer look at the Vanguard Growth ETF (VUG -0.56%), Vanguard Mega Cap Growth ETF (MGK -0.53%), and the Vanguard Communications Services ETF (VOX 0.08%).

LPL Financial received a censure and a substantial $5.5 million fine. The firm was ordered to pay $651,374.51, plus interest, in restitution to affected customers. The AWC revealed LPL Financial's failure to supervise transactions by registered representatives, leading to potential sales practice violations.

FINRA fined LPL Financial $3,000,000 in July 2023, and required the firm to pay restitution in the amount of $100,000 to resolve allegations that LPL Financial failed to establish and maintain a system to supervise wire transfers and the ability to detect possible instances of forgery or falsification of electronic ...

Why is LPL stock dropping? ›

LPL's interest rate exposure has also made it a favored stock for short-term traders to gain exposure to higher interest rates. We believe some of the stock weakness was a result of these investors reducing their stake as rates look set to fall.

LPL Financial Holdings Inc has a Quality Score of 89, which is Very Strong. Charles Schwab Corp has a Quality Score of 70, which is Strong.

Edward Jones, Vanguard, UBS, Raymond James and Stifel respectively took the next highest ratings, while Equitable Advisors, TIAA, LPL Financial, Lincoln Financial Group and Prudential Advisors came in at the bottom of the two dozen firms tracked in the client poll.

Recruited assets over the trailing twelve months were $87 billion. Prior to large institutions, recruited assets over the trailing twelve months were $75 billion, up approximately 57% from a year ago.