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 *
  Schott Mary Frances
 2. Date of Event Requiring Statement (Month/Day/Year)
06/05/2014		 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)
MD, Client Expernce & Training
 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 5,744 (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) 02/09/2022 Common Stock 12,702 $ 32.26 D  
Option to purchase Common Stock   (3) 02/22/2023 Common Stock 9,045 $ 31.6 D  
Option to purchase Common Stock   (4) 02/24/2024 Common Stock 5,780 $ 54.81 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Schott Mary Frances
C/O LPL FINANCIAL HOLDINGS INC.
75 STATE STREET, 24TH FLOOR
BOSTON, MA 02109		       MD, Client Expernce & Training  

Signatures

/s/ Mary Frances Schott 06/16/2014
**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) 319 shares of Common Stock (ii) 1,709 restricted stock units that vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017; (iii) 2,257 restricted stock units that vest in full on February 25, 2015; and (iv) 1,459 restricted stock units that vest ratably on February 24, 2015, February 24, 2016 and February 24, 2017.
(2) This option is currently exercisable as to 3,221 shares. The remaining award will vest ratably on February 9, 2015, February 9, 2016 and February 9, 2017.
(3) This option is currently exercisable as to 2,261 shares. The remaining award will vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017.
(4) This option is not currently exercisable as to any shares. The award will vest ratably on February 24, 2015, February 24, 2016 and February 24, 2017.
 
Remarks:
Ms. Schott is known professionally as Mimi Bock.

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