LPL Investment Holdings' CEO Discusses Q1 2012 Results - Earnings Call Transcript

LPL Investment Holdings, Inc (LPLA)

Q1 2012 Earnings Conference Call

April 30, 2012 08:00 am ET

Executives

Mark Casady – Chairman and Chief Executive Officer

Robert Moore – Chief Financial Officer

Trap Kloman – SVP, Investor Relations

Analysts

Kenneth Worthington – JPMorgan

Christopher Shutler - William Blair & Company, LLC

Christopher Harris - Wells Fargo Securities

Devin Ryan - Sandler O'Neill

William Katz - Citigroup Inc

Presentation

Operator

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Good day ladies and gentlemen and welcome to the LPL Investment Holdings First Quarter Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions) As a reminder, today’s conference call is being recorded.

I’d now like to turn the conference over to your host, Mr. Trap Kloman, Senior Vice President of Investor Relations. Please go ahead.

Trap Kloman

Thank you, Ally. Good morning and welcome to the LPL Financial first quarter earnings conference call. On the call today is Mark Casady, our Chairman and Chief Executive Officer, who will be providing his perspective on our performance during the quarter. Following his remarks, Robert Moore, our Chief Financial Officer, will highlight drivers of our financial results. We will then open the call for questions.

Please note that we have posted a financial supplement on the events section of the Investor Relations page on lpl.com. Before turning the call over to Mark, I’d like to note that comments made during this conference call may incorporate certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

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