The estimated Net Worth of Richard Steinmeier is at least $9.26 Milion dollars as of 13 September 2023. Mr. Steinmeier owns over 10,300 units of LPL Inc stock worth over $3,542,806 and over the last 6 years he sold LPLA stock worth over $3,500,442. In addition, he makes $2,220,190 as Managing Director, Divisional President oraz Business Development at LPL Inc.
Richard has made over 5 trades of the LPL Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he sold 10,300 units of LPLA stock worth $2,499,604 on 13 September 2023.
The largest trade he's ever made was selling 10,300 units of LPL Inc stock on 13 September 2023 worth over $2,499,604. On average, Richard trades about 1,779 units every 74 days since 2018. As of 13 September 2023 he still owns at least 16,914 units of LPL Inc stock.
You can see the complete history of Mr. Steinmeier stock trades at the bottom of the page.
Richard Steinmeier serves as Managing Director, Divisional President, Business Development of the Company. Mr. Steinmeier has served as managing director and divisional president, business development of LPL Financial since August 2018. In this role, he has responsibility for recruiting new financial advisors and institutions to LPL Financial and to existing advisor practices, as well as exploring new markets and merger and acquisition opportunities. Prior to joining LPL Financial, Mr. Steinmeier served as managing director, head of digital strategy and platforms for UBS Wealth Management Americas from September 2017 to August 2018 and as managing director, head of the Emerging Affluent Segment and Wealth Advice Center from August 2012 to September 2017. Prior to UBS, Mr. Steinmeier held a variety of leadership roles at Merrill Lynch, most recently as managing director of the Merrill Edge Advisory Center from February 2009 to August 2012. Prior to joining Merrill Lynch, he served as an engagement manager at McKinsey & Company from 2002 to 2006. Mr. Steinmeier earned a B.S. in Economics from the Wharton School at the University of Pennsylvania and an M.B.A. from Stanford University.
As the Managing Director, Divisional President oraz Business Development of LPL Inc, the total compensation of Richard Steinmeier at LPL Inc is $2,220,190. There are 5 executives at LPL Inc getting paid more, with Dan Arnold having the highest compensation of $7,669,950.
Richard Steinmeier is 46, he's been the Managing Director, Divisional President oraz Business Development of LPL Inc since 2018. There are 20 older and 2 younger executives at LPL Inc. The oldest executive at LPL Financial Holdings Inc is Richard Schifter, 67, who is the Independent Director.
Richard's mailing address filed with the SEC is C/O LPL FINANCIAL HOLDINGS INC., 4707 EXECUTIVE DRIVE, SAN DIEGO, CA, 92121.
Over the last 14 years, insiders at LPL Inc have traded over $932,016,471 worth of LPL Inc stock and bought 7,303,648 units worth $244,535,291 . The most active insiders traders include Group Holdings (Sbs) Adviso..., & Friedman Llc Hellman & Fr... oraz Mark S Casady. On average, LPL Inc executives and independent directors trade stock every 17 days with the average trade being worth of $29,127,508. The most recent stock trade was executed by Dan H. Arnold on 14 June 2024, trading 10,000 units of LPLA stock currently worth $394,800.
lpl financial, a wholly owned subsidiary of lpl financial holdings inc. (nasdaq:lpla), is a leader in the retail financial advice market and currently serves $462 billion in advisory and brokerage assets. lpl is one of the fastest growing ria custodians and is the nation's largest independent broker-dealer (based on total revenues, financial planning magazine june 1996-2015). the company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. advisors associated with lpl also service an estimated 40,000 retirement plans with an estimated $115 billion in retirement plan assets, as of september 30, 2015. lpl also supports approximately 4,300 financial advisors licensed and affiliated with insurance companies with customi
LPL Inc executives and other stock owners filed with the SEC include: