Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Buchheister Jeffrey R.
 2. Date of Event Requiring Statement (Month/Day/Year)
08/01/2014		 3. Issuer Name and Ticker or Trading Symbol
LPL Financial Holdings Inc. [LPLA]
(Last)
(First)
(Middle)
C/O LPL FINANCIAL HOLDINGS INC.,, 75 STATE STREET, 24TH FLOOR		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Chief Accounting Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BOSTON, MA 02109		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,667 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase Common Stock   (2) 06/01/2015 Common Stock 13,360 $ 2.38 D  
Option to purchase Common Stock   (3) 06/10/2018 Common Stock 5,000 $ 27.17 D  
Option to purchase Common Stock   (4) 09/14/2019 Common Stock 7,500 $ 22.08 D  
Option to purchase Common Stock   (5) 12/22/2020 Common Stock 7,650 $ 34.61 D  
Option to purchase Common Stock   (6) 02/09/2022 Common Stock 3,773 $ 32.26 D  
Option to purchase Common Stock   (7) 02/22/2023 Common Stock 2,932 $ 31.6 D  
Option to purchase Common Stock   (8) 02/24/2024 Common Stock 2,023 $ 54.81 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Buchheister Jeffrey R.
C/O LPL FINANCIAL HOLDINGS INC.,
75 STATE STREET, 24TH FLOOR
BOSTON, MA 02109		       EVP, Chief Accounting Officer  

Signatures

/s/ Jeffrey R. Buchheister 08/11/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Consists of (i) 603 shares of Common Stock; (ii) 554 restricted stock units that vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017; and (iii) 510 restricted stock units that vest ratably on February 24, 2015, February 24, 2016 and February 24, 2017.
(2) This option became fully vested and exercisable on June 1, 2007.
(3) This option became fully vested and exercisable on June 10, 2013.
(4) This option is currently exercisable as to 6,000 shares. The remaining award will become vested and exercisable on September 14, 2014.
(5) This option is currently exercisable as to 4,590 shares. The remaining award will vest ratably on December 22, 2014 and December 22, 2015.
(6) This option is currently exercisable as to 1,509 shares. The remaining award will vest ratably on February 9, 2015, February 9, 2016 and February 9, 2017.
(7) This option is currently exercisable as to 733 shares. The remaining award will vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017.
(8) This option is not currently exercisable as to any shares. The remaining award will vest ratably on February 24, 2015, February 24, 2016 and February 24, 2017.

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