Richard Steinmeier
Net Worth

Last updated:

What is Richard Steinmeier net worth?

The estimated net worth of Mr. Richard Steinmeier is at least $17,971,234 as of 13 Sep 2023. He owns shares worth $5,886,072 as insider, has earned $4,285,162 from insider trading and has received compensation worth at least $7,800,000 in LPL Financial Holdings Inc..

What is the salary of Richard Steinmeier?

Mr. Richard Steinmeier salary is $1,560,000 per year as MD & Divisional Pres of Bus. Devel. in LPL Financial Holdings Inc..

How old is Richard Steinmeier?

Mr. Richard Steinmeier is 51 years old, born in 1974.

What stocks does Richard Steinmeier currently own?

As insider, Mr. Richard Steinmeier owns shares in one company:

Company Title Shares Price per share Total value
LPL Financial Holdings Inc. (LPLA) MD & Divisional Pres of Bus. Devel. 16,914 $348 $5,886,072

What does LPL Financial Holdings Inc. do?

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers money market programs; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.

Richard Steinmeier insider trading

LPL Financial Holdings Inc.

Mr. Richard Steinmeier has made 8 insider trades between 2020-2023, according to the Form 4 filled with the SEC. Most recently he sold 3,666 units of LPLA stock worth $887,429 on 13 Sep 2023.

The largest trade he's ever made was exercising 7,355 units of LPLA stock on 4 Aug 2022. As of 13 Sep 2023 he still owns at least 16,914 units of LPLA stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 3,666 $242.07 $887,429
Sale
Common Stock 100 $244.65 $24,465
Sale
Common Stock 1,200 $243.99 $292,788
Sale
Common Stock 5,334 $242.77 $1,294,935
Sale
Common Stock 7,355 $216.64 $1,593,387
Option
Common Stock 7,355 $77.53 $570,233
Option
Option to purchase Common Stock 7,355 $77.53 $570,233
Sale
Common Stock 1,406 $136.67 $192,158
Sale
Common Stock 3,984 N/A N/A
Sale
Common Stock 5,418 N/A N/A

LPL Financial Holdings key executives

LPL Financial Holdings Inc. executives and other stock owners filed with the SEC: