The estimated Net Worth of Richard P Schifter is at least $4.19 Milión dollars as of 13 June 2016. Mr. Schifter owns over 3,000 units of LPL Inc stock worth over $3,907,686 and over the last 14 years he sold LPLA stock worth over $0. In addition, he makes $277,776 as Independent Director at LPL Inc.
Richard has made over 2 trades of the LPL Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 3,000 units of LPLA stock worth $96,390 on 13 June 2016.
The largest trade he's ever made was buying 3,000 units of LPL Inc stock on 13 June 2016 worth over $96,390. On average, Richard trades about 45 units every 7 days since 2011. As of 13 June 2016 he still owns at least 18,656 units of LPL Inc stock.
You can see the complete history of Mr. Schifter stock trades at the bottom of the page.
Richard P. Schifter serves as Independent Director of the Company. Mr. Schifter is a senior advisor of TPG, a leading global private investment firm. He was a partner at TPG from 1994 through 2013. Prior to joining TPG, Mr. Schifter was a partner at the law firm of Arnold & Porter in Washington, D.C., where he specialized in bankruptcy law and corporate restructuring. He joined Arnold & Porter in 1979 and was a partner from 1986 through 1994. Mr. Schifter currently serves on the board of overseers of the University of Pennsylvania Law School. Mr. Schifter received a B.A. with distinction from George Washington University and a J.D. cum laude from the University of Pennsylvania Law School.
As the Independent Director of LPL Inc, the total compensation of Richard Schifter at LPL Inc is $277,776. There are 17 executives at LPL Inc getting paid more, with Dan Arnold having the highest compensation of $7,669,950.
Richard Schifter is 67, he's been the Independent Director of LPL Inc since 2005. There are no older and 23 younger executives at LPL Inc.
Richard's mailing address filed with the SEC is C/O TPG, 301 COMMERCE STREET, SUITE 3300, FORT WORTH, TX, 76102.
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... a 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: