Richard Steinmeier Net Worth

The estimated Net Worth of Richard Steinmeier is at least $9.26 Million 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, and Business Development at LPL Inc.

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Mr. Steinmeier LPLA stock SEC Form 4 insiders trading

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 biography

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.

What is the salary of Richard Steinmeier?

As the Managing Director, Divisional President, and 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.

How old is Richard Steinmeier?

Richard Steinmeier is 46, he's been the Managing Director, Divisional President, and 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.

What's Richard Steinmeier's mailing address?

Richard's mailing address filed with the SEC is C/O LPL FINANCIAL HOLDINGS INC., 4707 EXECUTIVE DRIVE, SAN DIEGO, CA, 92121.

Insiders trading at LPL Inc

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..., and 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.

What does LPL Inc do?

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

Complete history of Mr. Steinmeier stock trades at LPL Inc

LPL Inc executives and stock owners

LPL Inc executives and other stock owners filed with the SEC include:

• Dan Arnold,
  President, Chief Executive Officer, Director
• Matthew Audette,
  Chief Financial Officer
• Dan Hogan Arnold Jr., B.S., M.B.A., CPA,
  Pres, CEO & Director
• Scott Seese,
  Chief Information Officer, Managing Director
• Dayton Semerjian,
  Managing Director, Chief Customer Care Officer
• Richard Steinmeier,
  Managing Director, Divisional President, Business Development
• George White,
  Managing Director, Investor and Investment Solutions and Chief Investment Officer
• Michelle Oroschakoff,
  Managing Director, Chief Legal Officer
• Matthew Jon Audette B.S.,
  Chief Financial Officer
• Richard Steinmeier,
  MD & Divisional Pres of Bus. Devel.
• Scott Alan Seese,
  MD & Chief Information Officer (Leave of Absence)
• Dayton Semerjian,
  MD & Chief Customer Care Officer
• Sallie Larsen,
  Managing Director, Chief Human Capital Officer
• James Putnam,
  Independent Director
• Anne Mulcahy,
  Independent Director
• William Glavin,
  Independent Director
• H. Paulett Eberhart,
  Independent Director
• Richard Schifter,
  Independent Director
• Allison Mnookin,
  Independent Director
• Corey Thomas,
  Independent Director
• Chris Koegel,
  Senior Vice President, Investor Relations
• J. Andrew Kalbaugh,
  Managing Director, Divisional President, National Sales and Consulting
• Matthew Enyedi,
  Managing Director, National Sales
• Michelle B. Oroschakoff,
  Chief Legal Officer, MD of Compliance and Legal & Risk
• Greg Gates,
  Exec. VP & Interim Chief Information Officer
• Brent Blain Simonich,
  Exec. VP, Chief Accounting Officer & Treasurer
• George Burton White,
  MD of Investor & Investment Solutions and Chief Investment Officer
• Judith Kohoskie Ricketts,
  Exec. VP of Operations
• John J. Mc Dermott,
  See Remarks
• Tracy Calder,
  Managing Director
• Viet D Dinh,
  Director
• John Joseph Brennan,
  Director
• James S Riepe,
  Director
• Marco Hellman,
  Director
• Mark S Casady,
  Chairman & Chief Exec. Officer
• Victor Fetter,
  MD, Chief Information Officer
• Jeffrey A Goldstein,
  Director
• Stephanie L Brown,
  MD & General Counsel
• Christopher Feeney,
  MD, Chief Information Officer
• & Friedman Llc Hellman & Fr...,
  
• & Friedman Llc Hellman & Fr...,
  
• & Friedman Llc Hellman & Fr...,
  
• Jonathan Eaton,
  MD, Custom Clearing Services
• Edward C Bernard,
  Director
• David P. Bergers,
  MD, Legal & Gov't Relations
• William P. Jr. Morrissey,
  MD, Independent Advisor Svcs
• Edward Fandrey,
  Managing Director
• Erik D. Ragatz,
  Director
• William E Iii Dwyer,
  MD & Pres., Nat'l Sales&Mktg
• & Friedman Llc Hellman & Fr...,
  
• Becky S Shulman,
  MD & Deputy CFO
• Esther M Stearns,
  President & COO
• Denise M. Abood,
  MD, Human Capital
• Thomas Gooley,
  MD, Svc, Trading & Operations
• Ryan Parker,
  MD, Invstmt & Planning Solutns
• Lux Thomas,
  EVP, CAO
• Richard W Boyce,
  Director
• Jeffrey R. Buchheister,
  EVP, Chief Accounting Officer
• Group Holdings (Sbs) Adviso...,
  
• Sharyn Handelsman,
  MD, Chief Compliance Officer
• Mary Frances Schott,
  MD, Client Expernce & Training
• Robert J. Moore,
  Chief Financial Officer
• Mark Helliker,
  MD, B/D Support Services
• Allen R Thorpe,
  Director
• Joan D Khoury,
  MD, Chief Marketing Officer
• Derek Bruton,
  MD, National Sales Manager
• Jeffrey E Stiefler,
  Director
• & Friedman Llchellman & Fri...,
  
• Greg Gates,
  Managing Director
• Kabir Sethi,
  Managing Director
• Aneri Jambusaria,
  Managing Director
• Brent Simonich,
  Principal Accounting Officer
• Albert J Ko,
  Director
• Althea Brown,
  Managing Director