SEC Info - LPL Financial Holdings Inc. - ‘10-K’ for 12/31/19

SEC Info℠

Home

Help

Please Sign In

LPL Financial Holdings Inc. – ‘10-K’ for 12/31/19 – ‘EX-101.CAL’

On: Friday, 2/21/20, at 4:04pm ET · For: 12/31/19 · Accession #: 1397911-20-23 · File #: 1-34963

  As Of               Filer                 Filing    For·On·As Docs:Size

 2/21/20  LPL Financial Holdings Inc.       10-K       12/31/19  128:14M

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.94M 
 2: EX-4.4      Instrument Defining the Rights of Security Holders  HTML     43K 
 3: EX-10.11    Material Contract                                   HTML     41K 
 4: EX-10.22    Material Contract                                   HTML    155K 
 5: EX-21.1     Subsidiaries List                                   HTML     36K 
 6: EX-23.1     Consent of Experts or Counsel                       HTML     33K 
 7: EX-31.1     Certification -- §302 - SOA'02                      HTML     41K 
 8: EX-31.2     Certification -- §302 - SOA'02                      HTML     41K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     36K 
10: EX-32.2     Certification -- §906 - SOA'02                      HTML     36K 
39: R1          Document and Entity Information Document            HTML     96K 
81: R2          Consolidated Statements of Income                   HTML    115K 
120: R3          Consolidated Statements of Comprehensive Income     HTML     56K  
60: R4          Consolidated Statements of Comprehensive Income     HTML     37K 
                (Parentheticals)                                                 
41: R5          Consolidated Statements of Financial Condition      HTML    138K 
83: R6          Consolidated Statements of Financial Condition      HTML     56K 
                (Parentheticals)                                                 
122: R7          Consolidated Statements of Stockholders' Equity     HTML     93K  
58: R8          Consolidated Statements of Cash Flows               HTML    185K 
44: R9          Consolidated Statements of Cash Flows Cash, Cash    HTML     48K 
                Equivalents, and Restricted Cash Reconciliation                  
113: R10         Organization and Description of the Company         HTML     42K  
72: R11         Summary of Significant Accounting Policies          HTML    134K 
32: R12         Revenue (Notes)                                     HTML    133K 
51: R13         Acquisitions (Notes)                                HTML     39K 
114: R14         Fair Value Measurements                             HTML    143K  
73: R15         Held-to-Maturity Securities                         HTML     54K 
33: R16         Receivables from Product Sponsors, Broker-Dealers   HTML     56K 
                and Clearing Organizations and Payables to                       
                Broker-Dealers and Clearing Organizations                        
52: R17         Fixed Assets                                        HTML     76K 
112: R18         Goodwill and Other Intangible Assets                HTML    102K  
75: R19         Accounts Payable and Accrued Liabilities            HTML     45K 
23: R20         Debt                                                HTML     97K 
70: R21         Leases (Notes)                                      HTML    118K 
110: R22         Income Taxes                                        HTML    124K  
99: R23         Commitments and Contingencies                       HTML     56K 
24: R24         Stockholders' Equity Stockholders' Equity (Notes)   HTML     79K 
71: R25         Stock-Based Compensation                            HTML    139K 
111: R26         Earnings per Share                                  HTML     58K  
100: R27         Employee and Advisor Benefit Plans                  HTML     42K  
25: R28         Related Party Transactions                          HTML     38K 
69: R29         Net Capital and Regulatory Requirements             HTML     38K 
47: R30         Financial Instruments with Off-Balance-Sheet        HTML     39K 
                Credit Risk and Concentrations of Credit Risk                    
30: R31         Selected Quarterly Financial Data (Unaudited)       HTML     75K 
78: R32         Subsequent Event                                    HTML     36K 
117: R33         Summary of Significant Accounting Policies          HTML    153K  
                (Policies)                                                       
46: R34         Summary of Significant Accounting Policies          HTML     87K 
                (Tables)                                                         
29: R35         Revenue (Tables)                                    HTML    125K 
77: R36         Fair Value Measurements (Tables)                    HTML    133K 
116: R37         Held-to-Maturity Securities (Tables)                HTML     54K  
49: R38         Receivables from Product Sponsors, Broker-Dealers   HTML     56K 
                and Clearing Organizations and Payables to                       
                Broker-Dealers and Clearing Organizations (Tables)               
27: R39         Fixed Assets (Tables)                               HTML     75K 
67: R40         Goodwill and Other Intangible Assets (Tables)       HTML    107K 
22: R41         Accounts Payable and Accrued Liabilities (Tables)   HTML     45K 
91: R42         Debt (Tables)                                       HTML     90K 
103: R43         Leases (Tables)                                     HTML     96K  
66: R44         Income Taxes (Tables)                               HTML    125K 
21: R45         Commitments and Contingencies (Tables)              HTML     40K 
90: R46         Stockholders' Equity (Tables)                       HTML     78K 
102: R47         Stock-Based Compensation (Tables)                   HTML    139K  
68: R48         Earnings per Share (Tables)                         HTML     56K 
20: R49         Selected Quarterly Financial Data (Unaudited)       HTML     75K 
                (Tables)                                                         
40: R50         Organization and Description of the Company         HTML     48K 
                (Details)                                                        
59: R51         Summary of Significant Accounting Policies          HTML     34K 
                Reportable Segment (Details)                                     
119: R52         Summary of Significant Accounting Policies          HTML     42K  
                Share-Based Compensation (Details)                               
80: R53         Summary of Significant Accounting Policies Cash     HTML     35K 
                and Cash Equivalents (Details)                                   
42: R54         Summary of Significant Accounting Policies Cash     HTML     34K 
                Segregated Under Federal and Other Regulations                   
                (Details)                                                        
61: R55         Summary of Significant Accounting Policies          HTML     48K 
                Receivables From and Payables to Clients (Details)               
121: R56         Summary of Significant Accounting Policies          HTML     51K  
                Receivables from Advisor (Details)                               
82: R57         Summary of Significant Accounting Policies          HTML     46K 
                Receivables From Others (Details)                                
43: R58         Summary of Significant Accounting Policies          HTML     37K 
                Securities Borrowed (Details)                                    
57: R59         Summary of Significant Accounting Policies Fixed    HTML     50K 
                Assets (Details)                                                 
106: R60         Summary of Significant Accounting Policies          HTML     34K  
                Acquisitions (Details)                                           
93: R61         Summary of Significant Accounting Policies          HTML     52K 
                Goodwill and Other Intangible Assets (Details)                   
16: R62         Summary of Significant Accounting Policies Fair     HTML     43K 
                Value of Debt Instruments (Details)                              
62: R63         Revenue Commission Revenue (Details)                HTML     63K 
109: R64         Revenue Asset-Based Revenue (Details)               HTML     41K  
96: R65         Revenue Transaction and Fee Revenue (Details)       HTML     39K 
19: R66         Revenue Unearned Revenue (Details Texturals)        HTML     34K 
65: R67         Acquisitions (Details)                              HTML     62K 
104: R68         Fair Value Measurements Financial Assets and        HTML    105K  
                Liabilities Measured on a Recurring and                          
                Nonrecurring Basis (Details)                                     
97: R69         Held-to-Maturity Securities (Details)               HTML     51K 
89: R70         Held-to-Maturity Securities (Details 1)             HTML     61K 
126: R71         Receivables from Product Sponsors, Broker-Dealers   HTML     53K  
                and Clearing Organizations and Payables to                       
                Broker-Dealers and Clearing Organizations                        
                (Details)                                                        
56: R72         Fixed Assets (Details)                              HTML     70K 
38: R73         Fixed Assets (Details Textuals)                     HTML     37K 
86: R74         Goodwill and Other Intangible Assets Goodwill       HTML     39K 
                (Details)                                                        
123: R75         Intangible Assets (Components) (Details)            HTML     70K  
53: R76         Goodwill and Other Intangible Assets (Details       HTML     39K 
                Textuals)                                                        
35: R77         Intangible Assets (Future Amortization Expense)     HTML     50K 
                (Details)                                                        
85: R78         Accounts Payable and Accrued Liabilities (Details)  HTML     49K 
128: R79         Debt (Credit Agreement Outstanding Balance)         HTML     85K  
                (Details)                                                        
88: R80         Debt (Future Payments and Maturities) (Details)     HTML     55K 
125: R81         Debt (Credit Agreement Textuals) (Details)          HTML     84K  
55: R82         Leases Components of Lease Expense (Details)        HTML     42K 
37: R83         Leases Supplemental Cash Flow Information Related   HTML     40K 
                to Leases (Details)                                              
87: R84         Leases Supplemental Weighted-Average Information    HTML     44K 
                Related to Leases (Details)                                      
124: R85         Leases Maturities of Lease Liabilities (Details)    HTML    100K  
54: R86         Leases Remaining terms (Details)                    HTML     43K 
36: R87         Income Taxes (Provision for Income Taxes)           HTML     58K 
                (Details)                                                        
84: R88         Income Taxes (Reconciliation to Effective Rate)     HTML     65K 
                (Details)                                                        
127: R89         Income Taxes (Deferred Income Taxes) (Details)      HTML     84K  
107: R90         Income Taxes (Gross Unrecognized Tax Benefits)      HTML     41K  
                (Details)                                                        
94: R91         Income Taxes (Details Textuals)                     HTML     42K 
17: R92         Commitments and Contingencies (Future Minimum       HTML     45K 
                Payments) (Details)                                              
63: R93         Commitments and Contingencies (Legal) (Details)     HTML     34K 
108: R94         Commitments and Contingencies (Other Commitments)   HTML     51K  
                (Details)                                                        
95: R95         Stockholders' Equity (Dividends Paid) (Details)     HTML     41K 
18: R96         Stockholders' Equity (Share Repurchases) (Details)  HTML     48K 
64: R97         Share-Based Compensation Stock Option and Warrant   HTML     49K 
                Assumptions (Details)                                            
105: R98         Share-Based Compensation Stock Option and Warrant   HTML     89K  
                Activity (Details)                                               
98: R99         Share-Based Compensation Outstanding Stock Options  HTML     71K 
                and Warrants (Details)                                           
48: R100        Share-Based Compensation Restricted Stock Activity  HTML     77K 
                (Details)                                                        
31: R101        Share-Based Compensation (Details Textuals)         HTML     65K 
79: R102        Earnings per Share (Details)                        HTML     61K 
118: R103        Earnings per Share (Details Textuals)               HTML     35K  
45: R104        Employee and Advisor Benefit Plans (Details         HTML     52K 
                Textuals)                                                        
28: R105        Related Party Transactions (Details)                HTML     41K 
76: R106        Net Capital and Regulatory Requirements (Details)   HTML     36K 
115: R107        Selected Quarterly Financial Data (Details)         HTML     58K  
50: R108        Subsequent Event (Details)                          HTML     43K 
74: XML         IDEA XML File -- Filing Summary                      XML    236K 
34: XML         XBRL Instance -- lpla2019123110-kx2019_htm           XML   3.40M 
92: EXCEL       IDEA Workbook of Financial Reports                  XLSX    137K 
12: EX-101.CAL  XBRL Calculations -- lpla-20191231_cal               XML    375K 
13: EX-101.DEF  XBRL Definitions -- lpla-20191231_def                XML   1.10M 
14: EX-101.LAB  XBRL Labels -- lpla-20191231_lab                     XML   2.56M 
15: EX-101.PRE  XBRL Presentations -- lpla-20191231_pre              XML   1.60M 
11: EX-101.SCH  XBRL Schema -- lpla-20191231                         XSD    247K 
101: JSON        XBRL Instance as JSON Data -- MetaLinks              539±   810K  
26: ZIP         XBRL Zipped Folder -- 0001397911-20-000023-xbrl      Zip    593K

‘EX-101.CAL’ — XBRL Calculations — lpla-20191231_cal

This Exhibit is an XBRL XML File.

<?xml version="1.0" encoding="windows-1252"?>

<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">

<link:roleRef roleURI="http://www.lpl.com/role/AccountsPayableAndAccruedLiabilities" xlink:href="lpla-20191231.xsd#AccountsPayableAndAccruedLiabilities" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/AccountsPayableAndAccruedLiabilitiesDetails" xlink:href="lpla-20191231.xsd#AccountsPayableAndAccruedLiabilitiesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/AccountsPayableAndAccruedLiabilitiesTables" xlink:href="lpla-20191231.xsd#AccountsPayableAndAccruedLiabilitiesTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/AcquisitionsDetails" xlink:href="lpla-20191231.xsd#AcquisitionsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/AcquisitionsNotes" xlink:href="lpla-20191231.xsd#AcquisitionsNotes" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/AcquisitionsTables" xlink:href="lpla-20191231.xsd#AcquisitionsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/CommitmentsAndContingencies" xlink:href="lpla-20191231.xsd#CommitmentsAndContingencies" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/CommitmentsAndContingenciesFutureMinimumPaymentsDetails" xlink:href="lpla-20191231.xsd#CommitmentsAndContingenciesFutureMinimumPaymentsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/CommitmentsAndContingenciesLeasesDetails" xlink:href="lpla-20191231.xsd#CommitmentsAndContingenciesLeasesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/CommitmentsAndContingenciesLegalDetails" xlink:href="lpla-20191231.xsd#CommitmentsAndContingenciesLegalDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/CommitmentsAndContingenciesOtherCommitmentsDetails" xlink:href="lpla-20191231.xsd#CommitmentsAndContingenciesOtherCommitmentsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/CommitmentsAndContingenciesTables" xlink:href="lpla-20191231.xsd#CommitmentsAndContingenciesTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfCashFlows" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfCashFlows" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfCashFlowsCashCashEquivalentsAndRestrictedCashReconciliation" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfCashFlowsCashCashEquivalentsAndRestrictedCashReconciliation" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfComprehensiveIncome" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfComprehensiveIncomeParentheticals" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfComprehensiveIncomeParentheticals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfFinancialCondition" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfFinancialCondition" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfFinancialConditionParentheticals" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfFinancialConditionParentheticals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfIncome" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfIncome" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ConsolidatedStatementsOfStockholdersEquity" xlink:href="lpla-20191231.xsd#ConsolidatedStatementsOfStockholdersEquity" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/Debt" xlink:href="lpla-20191231.xsd#Debt" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/DebtCreditAgreementOutstandingBalanceDetails" xlink:href="lpla-20191231.xsd#DebtCreditAgreementOutstandingBalanceDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/DebtCreditAgreementTextualsDetails" xlink:href="lpla-20191231.xsd#DebtCreditAgreementTextualsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/DebtFuturePaymentsAndMaturitiesDetails" xlink:href="lpla-20191231.xsd#DebtFuturePaymentsAndMaturitiesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/DebtTables" xlink:href="lpla-20191231.xsd#DebtTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/DocumentAndEntityInformationDocument" xlink:href="lpla-20191231.xsd#DocumentAndEntityInformationDocument" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/EarningsPerShare" xlink:href="lpla-20191231.xsd#EarningsPerShare" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/EarningsPerShareDetails" xlink:href="lpla-20191231.xsd#EarningsPerShareDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/EarningsPerShareDetailsTextuals" xlink:href="lpla-20191231.xsd#EarningsPerShareDetailsTextuals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/EarningsPerShareTables" xlink:href="lpla-20191231.xsd#EarningsPerShareTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/EmployeeAndAdvisorBenefitPlans" xlink:href="lpla-20191231.xsd#EmployeeAndAdvisorBenefitPlans" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/EmployeeAndAdvisorBenefitPlansDetailsTextuals" xlink:href="lpla-20191231.xsd#EmployeeAndAdvisorBenefitPlansDetailsTextuals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FairValueMeasurements" xlink:href="lpla-20191231.xsd#FairValueMeasurements" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FairValueMeasurementsChangesInLevel3RecurringFairValueMeasurementsDetails" xlink:href="lpla-20191231.xsd#FairValueMeasurementsChangesInLevel3RecurringFairValueMeasurementsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisDetails" xlink:href="lpla-20191231.xsd#FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FairValueMeasurementsTables" xlink:href="lpla-20191231.xsd#FairValueMeasurementsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FinancialInstrumentsWithOffBalanceSheetCreditRiskAndConcentrationsOfCreditRisk" xlink:href="lpla-20191231.xsd#FinancialInstrumentsWithOffBalanceSheetCreditRiskAndConcentrationsOfCreditRisk" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FixedAssets" xlink:href="lpla-20191231.xsd#FixedAssets" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FixedAssetsDetails" xlink:href="lpla-20191231.xsd#FixedAssetsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FixedAssetsDetailsTextuals" xlink:href="lpla-20191231.xsd#FixedAssetsDetailsTextuals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/FixedAssetsTables" xlink:href="lpla-20191231.xsd#FixedAssetsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssets" xlink:href="lpla-20191231.xsd#GoodwillAndOtherIntangibleAssets" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssetsDetailsTextuals" xlink:href="lpla-20191231.xsd#GoodwillAndOtherIntangibleAssetsDetailsTextuals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssetsGoodwillDetails" xlink:href="lpla-20191231.xsd#GoodwillAndOtherIntangibleAssetsGoodwillDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssetsTables" xlink:href="lpla-20191231.xsd#GoodwillAndOtherIntangibleAssetsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/HeldToMaturitySecurities" xlink:href="lpla-20191231.xsd#HeldToMaturitySecurities" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/HeldToMaturitySecuritiesDetails" xlink:href="lpla-20191231.xsd#HeldToMaturitySecuritiesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/HeldToMaturitySecuritiesDetails1" xlink:href="lpla-20191231.xsd#HeldToMaturitySecuritiesDetails1" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/HeldToMaturitySecuritiesTables" xlink:href="lpla-20191231.xsd#HeldToMaturitySecuritiesTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IncomeTaxes" xlink:href="lpla-20191231.xsd#IncomeTaxes" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IncomeTaxesDeferredIncomeTaxesDetails" xlink:href="lpla-20191231.xsd#IncomeTaxesDeferredIncomeTaxesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IncomeTaxesDetailsTextuals" xlink:href="lpla-20191231.xsd#IncomeTaxesDetailsTextuals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IncomeTaxesGrossUnrecognizedTaxBenefitsDetails" xlink:href="lpla-20191231.xsd#IncomeTaxesGrossUnrecognizedTaxBenefitsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" xlink:href="lpla-20191231.xsd#IncomeTaxesProvisionForIncomeTaxesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IncomeTaxesReconciliationToEffectiveRateDetails" xlink:href="lpla-20191231.xsd#IncomeTaxesReconciliationToEffectiveRateDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IncomeTaxesTables" xlink:href="lpla-20191231.xsd#IncomeTaxesTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IntangibleAssetsComponentsDetails" xlink:href="lpla-20191231.xsd#IntangibleAssetsComponentsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/IntangibleAssetsFutureAmortizationExpenseDetails" xlink:href="lpla-20191231.xsd#IntangibleAssetsFutureAmortizationExpenseDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/LeasesComponentsOfLeaseExpenseDetails" xlink:href="lpla-20191231.xsd#LeasesComponentsOfLeaseExpenseDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/LeasesMaturitiesOfLeaseLiabilitiesDetails" xlink:href="lpla-20191231.xsd#LeasesMaturitiesOfLeaseLiabilitiesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/LeasesNotes" xlink:href="lpla-20191231.xsd#LeasesNotes" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/LeasesRemainingTermsDetails" xlink:href="lpla-20191231.xsd#LeasesRemainingTermsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/LeasesSupplementalCashFlowInformationRelatedToLeasesDetails" xlink:href="lpla-20191231.xsd#LeasesSupplementalCashFlowInformationRelatedToLeasesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/LeasesSupplementalWeightedAverageInformationRelatedToLeasesDetails" xlink:href="lpla-20191231.xsd#LeasesSupplementalWeightedAverageInformationRelatedToLeasesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/LeasesTables" xlink:href="lpla-20191231.xsd#LeasesTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/NetCapitalAndRegulatoryRequirements" xlink:href="lpla-20191231.xsd#NetCapitalAndRegulatoryRequirements" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/NetCapitalAndRegulatoryRequirementsDetails" xlink:href="lpla-20191231.xsd#NetCapitalAndRegulatoryRequirementsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/OrganizationAndDescriptionOfCompany" xlink:href="lpla-20191231.xsd#OrganizationAndDescriptionOfCompany" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/OrganizationAndDescriptionOfCompanyDetails" xlink:href="lpla-20191231.xsd#OrganizationAndDescriptionOfCompanyDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ReceivablesFromProductSponsorsBrokerDealersAndClearingOrganizationsAndPayablesToBrokerDealersAndClearingOrganizations" xlink:href="lpla-20191231.xsd#ReceivablesFromProductSponsorsBrokerDealersAndClearingOrganizationsAndPayablesToBrokerDealersAndClearingOrganizations" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ReceivablesFromProductSponsorsBrokerDealersAndClearingOrganizationsAndPayablesToBrokerDealersAndClearingOrganizationsDetails" xlink:href="lpla-20191231.xsd#ReceivablesFromProductSponsorsBrokerDealersAndClearingOrganizationsAndPayablesToBrokerDealersAndClearingOrganizationsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ReceivablesFromProductSponsorsBrokerDealersAndClearingOrganizationsAndPayablesToBrokerDealersAndClearingOrganizationsTables" xlink:href="lpla-20191231.xsd#ReceivablesFromProductSponsorsBrokerDealersAndClearingOrganizationsAndPayablesToBrokerDealersAndClearingOrganizationsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RelatedPartyTransactions" xlink:href="lpla-20191231.xsd#RelatedPartyTransactions" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RelatedPartyTransactionsDetails" xlink:href="lpla-20191231.xsd#RelatedPartyTransactionsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RevenueAssetBasedRevenueDetails" xlink:href="lpla-20191231.xsd#RevenueAssetBasedRevenueDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RevenueCommissionRevenueDetails" xlink:href="lpla-20191231.xsd#RevenueCommissionRevenueDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RevenueNotes" xlink:href="lpla-20191231.xsd#RevenueNotes" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RevenueTables" xlink:href="lpla-20191231.xsd#RevenueTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RevenueTransactionAndFeeRevenueDetails" xlink:href="lpla-20191231.xsd#RevenueTransactionAndFeeRevenueDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/RevenueUnearnedRevenueDetailsTexturals" xlink:href="lpla-20191231.xsd#RevenueUnearnedRevenueDetailsTexturals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SelectedQuarterlyFinancialDataDetails" xlink:href="lpla-20191231.xsd#SelectedQuarterlyFinancialDataDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SelectedQuarterlyFinancialDataUnaudited" xlink:href="lpla-20191231.xsd#SelectedQuarterlyFinancialDataUnaudited" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SelectedQuarterlyFinancialDataUnauditedTables" xlink:href="lpla-20191231.xsd#SelectedQuarterlyFinancialDataUnauditedTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ShareBasedCompensationDetailsTextuals" xlink:href="lpla-20191231.xsd#ShareBasedCompensationDetailsTextuals" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ShareBasedCompensationOutstandingStockOptionsAndWarrantsDetails" xlink:href="lpla-20191231.xsd#ShareBasedCompensationOutstandingStockOptionsAndWarrantsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ShareBasedCompensationRestrictedStockActivityDetails" xlink:href="lpla-20191231.xsd#ShareBasedCompensationRestrictedStockActivityDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ShareBasedCompensationStockOptionAndWarrantActivityDetails" xlink:href="lpla-20191231.xsd#ShareBasedCompensationStockOptionAndWarrantActivityDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/ShareBasedCompensationStockOptionAndWarrantAssumptionsDetails" xlink:href="lpla-20191231.xsd#ShareBasedCompensationStockOptionAndWarrantAssumptionsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/StockBasedCompensation" xlink:href="lpla-20191231.xsd#StockBasedCompensation" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/StockBasedCompensationTables" xlink:href="lpla-20191231.xsd#StockBasedCompensationTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/StockholdersEquityDividendsPaidDetails" xlink:href="lpla-20191231.xsd#StockholdersEquityDividendsPaidDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/StockholdersEquityShareRepurchasesDetails" xlink:href="lpla-20191231.xsd#StockholdersEquityShareRepurchasesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/StockholdersEquityStockholdersEquityNotes" xlink:href="lpla-20191231.xsd#StockholdersEquityStockholdersEquityNotes" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/StockholdersEquityTables" xlink:href="lpla-20191231.xsd#StockholdersEquityTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SubsequentEvent" xlink:href="lpla-20191231.xsd#SubsequentEvent" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SubsequentEventDetails" xlink:href="lpla-20191231.xsd#SubsequentEventDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPolicies" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPolicies" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesAcquisitionsDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesAcquisitionsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesCashAndCashEquivalentsDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesCashAndCashEquivalentsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesCashSegregatedUnderFederalAndOtherRegulationsDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesCashSegregatedUnderFederalAndOtherRegulationsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesFairValueOfDebtInstrumentsDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesFairValueOfDebtInstrumentsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesFixedAssetsDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesFixedAssetsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesGoodwillAndOtherIntangibleAssetsDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesGoodwillAndOtherIntangibleAssetsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReceivablesFromAdvisorDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesReceivablesFromAdvisorDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReceivablesFromAndPayablesToClientsDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesReceivablesFromAndPayablesToClientsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReceivablesFromOthersDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesReceivablesFromOthersDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReportableSegmentDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesReportableSegmentDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesSecuritiesBorrowedDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesSecuritiesBorrowedDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesShareBasedCompensationDetails" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesShareBasedCompensationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesTables" xlink:href="lpla-20191231.xsd#SummaryOfSignificantAccountingPoliciesTables" xlink:type="simple"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/AccountsPayableAndAccruedLiabilities" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/AccountsPayableAndAccruedLiabilitiesDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_329BE93478145EBF84B224F03D6B6D0F" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_4D7DA34271E65080BE5DD5F6D5138530" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_329BE93478145EBF84B224F03D6B6D0F" xlink:to="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_4D7DA34271E65080BE5DD5F6D5138530" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AccruedSalariesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedSalariesCurrentAndNoncurrent_5ACC882FD75B5CDEB0E3CD2247CE1CD7" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_329BE93478145EBF84B224F03D6B6D0F" xlink:to="loc_us-gaap_AccruedSalariesCurrentAndNoncurrent_5ACC882FD75B5CDEB0E3CD2247CE1CD7" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_42151DD27C0254EF8EDE957AAD99DB55" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_329BE93478145EBF84B224F03D6B6D0F" xlink:to="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_42151DD27C0254EF8EDE957AAD99DB55" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredRentCredit" xlink:label="loc_us-gaap_DeferredRentCredit_847EEB0024E353179E6A9BB4E7803C07" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_329BE93478145EBF84B224F03D6B6D0F" xlink:to="loc_us-gaap_DeferredRentCredit_847EEB0024E353179E6A9BB4E7803C07" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_2595BBC0E6A55FC6B5871F9D327FA9CF" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_329BE93478145EBF84B224F03D6B6D0F" xlink:to="loc_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_2595BBC0E6A55FC6B5871F9D327FA9CF" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/AccountsPayableAndAccruedLiabilitiesTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/AcquisitionsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/AcquisitionsNotes" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/AcquisitionsTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/CommitmentsAndContingencies" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/CommitmentsAndContingenciesFutureMinimumPaymentsDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ContractualObligation" xlink:label="loc_us-gaap_ContractualObligation_6006a94d-54bf-b592-67ad-cc2e5783ac49" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ContractualObligationDueInNextTwelveMonths" xlink:label="loc_us-gaap_ContractualObligationDueInNextTwelveMonths_2c28e3d3-616e-a2dc-4e00-6887e7fd21d8" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ContractualObligation_6006a94d-54bf-b592-67ad-cc2e5783ac49" xlink:to="loc_us-gaap_ContractualObligationDueInNextTwelveMonths_2c28e3d3-616e-a2dc-4e00-6887e7fd21d8" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ContractualObligationDueInSecondYear" xlink:label="loc_us-gaap_ContractualObligationDueInSecondYear_9da52031-53dc-4e5b-d531-60f38c51bb45" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ContractualObligation_6006a94d-54bf-b592-67ad-cc2e5783ac49" xlink:to="loc_us-gaap_ContractualObligationDueInSecondYear_9da52031-53dc-4e5b-d531-60f38c51bb45" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ContractualObligationDueInThirdYear" xlink:label="loc_us-gaap_ContractualObligationDueInThirdYear_a99aefef-cf47-3b6a-e25d-a5b7b2adad58" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ContractualObligation_6006a94d-54bf-b592-67ad-cc2e5783ac49" xlink:to="loc_us-gaap_ContractualObligationDueInThirdYear_a99aefef-cf47-3b6a-e25d-a5b7b2adad58" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ContractualObligationDueInFourthYear" xlink:label="loc_us-gaap_ContractualObligationDueInFourthYear_a0473b3d-9552-c88a-495c-b6a4ab8322fa" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ContractualObligation_6006a94d-54bf-b592-67ad-cc2e5783ac49" xlink:to="loc_us-gaap_ContractualObligationDueInFourthYear_a0473b3d-9552-c88a-495c-b6a4ab8322fa" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ContractualObligationDueInFifthYear" xlink:label="loc_us-gaap_ContractualObligationDueInFifthYear_1b113bc0-6eb5-4a68-0fb6-4928913a40b6" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ContractualObligation_6006a94d-54bf-b592-67ad-cc2e5783ac49" xlink:to="loc_us-gaap_ContractualObligationDueInFifthYear_1b113bc0-6eb5-4a68-0fb6-4928913a40b6" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ContractualObligationDueAfterFifthYear" xlink:label="loc_us-gaap_ContractualObligationDueAfterFifthYear_67fb5061-204c-f123-fc4a-3921b3417db9" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ContractualObligation_6006a94d-54bf-b592-67ad-cc2e5783ac49" xlink:to="loc_us-gaap_ContractualObligationDueAfterFifthYear_67fb5061-204c-f123-fc4a-3921b3417db9" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/CommitmentsAndContingenciesLeasesDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/CommitmentsAndContingenciesLegalDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/CommitmentsAndContingenciesOtherCommitmentsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/CommitmentsAndContingenciesTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfCashFlows" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_50231013-f048-89e7-0e20-ba139224c5f7" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_50231013-f048-89e7-0e20-ba139224c5f7" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RepaymentsOfLongTermLinesOfCredit" xlink:label="loc_us-gaap_RepaymentsOfLongTermLinesOfCredit_cb96fc07-e276-2c52-1042-f1ea0d192b51" xlink:type="locator"/>

<link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_RepaymentsOfLongTermLinesOfCredit_cb96fc07-e276-2c52-1042-f1ea0d192b51" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProceedsFromLongTermLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLongTermLinesOfCredit_513b446a-317d-9be1-1fc2-380a24dd13e0" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_ProceedsFromLongTermLinesOfCredit_513b446a-317d-9be1-1fc2-380a24dd13e0" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfDebtIssuanceCosts_d03b640f-8d2c-4108-a1c4-1354103a7ee2" xlink:type="locator"/>

<link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_PaymentsOfDebtIssuanceCosts_d03b640f-8d2c-4108-a1c4-1354103a7ee2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_07e50027-f2db-6d1b-93ed-b22d6bd39351" xlink:type="locator"/>

<link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_07e50027-f2db-6d1b-93ed-b22d6bd39351" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_3f804297-91a1-3939-541d-a39b6288c9f9" xlink:type="locator"/>

<link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_3f804297-91a1-3939-541d-a39b6288c9f9" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_97b2cb74-f62e-ba8a-3953-eb9af3cfb8a4" xlink:type="locator"/>

<link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_PaymentsOfDividends_97b2cb74-f62e-ba8a-3953-eb9af3cfb8a4" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="loc_us-gaap_ProceedsFromStockOptionsExercised_f73833cd-0af4-c4d5-a7c4-1151269f1da3" xlink:type="locator"/>

<link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_ProceedsFromStockOptionsExercised_f73833cd-0af4-c4d5-a7c4-1151269f1da3" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_PaymentofLeaseholdFinancingObligation" xlink:label="loc_lpla_PaymentofLeaseholdFinancingObligation_6acba08f-812e-955e-ae34-b9107b92474c" xlink:type="locator"/>

<link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_lpla_PaymentofLeaseholdFinancingObligation_6acba08f-812e-955e-ae34-b9107b92474c" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_RepaymentsOfLinesOfCredit_05859378-438b-57d1-1cca-74dc23f15c9a" xlink:type="locator"/>

<link:calculationArc order="9" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_RepaymentsOfLinesOfCredit_05859378-438b-57d1-1cca-74dc23f15c9a" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_2285f3f4-b3a8-b01c-280e-6c886bd81b27" xlink:type="locator"/>

<link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_ProceedsFromLinesOfCredit_2285f3f4-b3a8-b01c-280e-6c886bd81b27" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_1d038ec0-2676-95f8-b6b9-3348b41921cc" xlink:type="locator"/>

<link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1efd93c0-bb90-2a64-a997-3a70afaa3faa" xlink:to="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_1d038ec0-2676-95f8-b6b9-3348b41921cc" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_50231013-f048-89e7-0e20-ba139224c5f7" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0f8df60b-841f-6df5-83c3-e4049d366459" xlink:type="locator"/>

<link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0f8df60b-841f-6df5-83c3-e4049d366459" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:label="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_578f24f8-46e7-25b5-2c9d-a8a5bbd8f335" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:to="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_578f24f8-46e7-25b5-2c9d-a8a5bbd8f335" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_404f28cc-d31b-88b1-2e58-f61c65ab1626" xlink:type="locator"/>

<link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:to="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_404f28cc-d31b-88b1-2e58-f61c65ab1626" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" xlink:label="loc_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_712a603d-3360-e18d-9d2f-ad95e24c2144" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:to="loc_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_712a603d-3360-e18d-9d2f-ad95e24c2144" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_941cba82-eff1-a6cb-562a-fa169e3f9684" xlink:type="locator"/>

<link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:to="loc_us-gaap_PaymentsToAcquireBusinessesGross_941cba82-eff1-a6cb-562a-fa169e3f9684" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_6abb14d9-7978-302d-af6b-dbfc88f76bf2" xlink:type="locator"/>

<link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_0f07a806-a2da-6d18-a7a9-d734fad1f3b0" xlink:to="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_6abb14d9-7978-302d-af6b-dbfc88f76bf2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_50231013-f048-89e7-0e20-ba139224c5f7" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_e170ce1e-c3a8-e8ee-88b0-37e8dd7b1d11" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_NetIncomeLoss_e170ce1e-c3a8-e8ee-88b0-37e8dd7b1d11" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_us-gaap_Depreciation_848cd271-4e03-8c13-d21d-e6ec9c3916f7" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_Depreciation_848cd271-4e03-8c13-d21d-e6ec9c3916f7" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_725ae160-1b15-a075-fa62-729d0bc8cda1" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_AmortizationOfIntangibleAssets_725ae160-1b15-a075-fa62-729d0bc8cda1" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_149d6655-b7f8-5049-ef74-296db479f8f9" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_AmortizationOfFinancingCosts_149d6655-b7f8-5049-ef74-296db479f8f9" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_f0b9d825-b0b9-37fd-4d25-9294a8598890" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_ShareBasedCompensation_f0b9d825-b0b9-37fd-4d25-9294a8598890" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProvisionForDoubtfulAccounts" xlink:label="loc_us-gaap_ProvisionForDoubtfulAccounts_5ae19a9f-6de6-075a-2c5a-a587d82ebad5" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_ProvisionForDoubtfulAccounts_5ae19a9f-6de6-075a-2c5a-a587d82ebad5" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_3421bed6-296e-da4e-f0e9-a2a8fa1f6d19" xlink:type="locator"/>

<link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_3421bed6-296e-da4e-f0e9-a2a8fa1f6d19" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_d385978f-69ad-b055-896a-51e9bbc23743" xlink:type="locator"/>

<link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_d385978f-69ad-b055-896a-51e9bbc23743" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_LoanForgiveness" xlink:label="loc_lpla_LoanForgiveness_0067a4f0-d19e-748f-e0d6-b9107addf4d8" xlink:type="locator"/>

<link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_lpla_LoanForgiveness_0067a4f0-d19e-748f-e0d6-b9107addf4d8" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_269710de-43ea-f1a2-1ab7-8a2fad8bcd72" xlink:type="locator"/>

<link:calculationArc order="10" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_OtherNoncashIncomeExpense_269710de-43ea-f1a2-1ab7-8a2fad8bcd72" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_IncreaseDecreaseReceivablesFromClients" xlink:label="loc_lpla_IncreaseDecreaseReceivablesFromClients_d994476d-103c-c373-0c69-b9107bdec854" xlink:type="locator"/>

<link:calculationArc order="11" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_lpla_IncreaseDecreaseReceivablesFromClients_d994476d-103c-c373-0c69-b9107bdec854" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInBrokerageReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInBrokerageReceivables_7ca2422e-19d3-693d-a9c9-b77e27ecbbcf" xlink:type="locator"/>

<link:calculationArc order="12" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInBrokerageReceivables_7ca2422e-19d3-693d-a9c9-b77e27ecbbcf" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInOtherLoans" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherLoans_58ba8d6d-369e-cd36-5009-9396dda0ffe3" xlink:type="locator"/>

<link:calculationArc order="13" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherLoans_58ba8d6d-369e-cd36-5009-9396dda0ffe3" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherReceivables_6990de1f-0b35-2b76-52bb-4b0ce17b5e4e" xlink:type="locator"/>

<link:calculationArc order="14" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherReceivables_6990de1f-0b35-2b76-52bb-4b0ce17b5e4e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities_aebbb56b-e18c-4437-870f-44eea3891780" xlink:type="locator"/>

<link:calculationArc order="15" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInTradingSecurities_aebbb56b-e18c-4437-870f-44eea3891780" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInSecuritiesBorrowed" xlink:label="loc_us-gaap_IncreaseDecreaseInSecuritiesBorrowed_fd928c13-62cd-f4a9-1c36-2dbf369e06c0" xlink:type="locator"/>

<link:calculationArc order="16" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInSecuritiesBorrowed_fd928c13-62cd-f4a9-1c36-2dbf369e06c0" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_IncreaseDecreaseInRightOfUseAssetsAndLeaseLiabilitiesNet" xlink:label="loc_lpla_IncreaseDecreaseInRightOfUseAssetsAndLeaseLiabilitiesNet_3d23aaf2-fa17-8dbe-8c9a-b9107ace4e70" xlink:type="locator"/>

<link:calculationArc order="17" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_lpla_IncreaseDecreaseInRightOfUseAssetsAndLeaseLiabilitiesNet_3d23aaf2-fa17-8dbe-8c9a-b9107ace4e70" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_5550ae9d-a6e2-fc35-fc50-54521e2bfb5d" xlink:type="locator"/>

<link:calculationArc order="18" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_5550ae9d-a6e2-fc35-fc50-54521e2bfb5d" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_DraftsPayableChangesInOperatingAssetsAndLiabilities" xlink:label="loc_lpla_DraftsPayableChangesInOperatingAssetsAndLiabilities_9b83a71b-15e2-eb6d-ecf5-b9107b47128f" xlink:type="locator"/>

<link:calculationArc order="19" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_lpla_DraftsPayableChangesInOperatingAssetsAndLiabilities_9b83a71b-15e2-eb6d-ecf5-b9107b47128f" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_IncreaseDecreasePayablesToClients" xlink:label="loc_lpla_IncreaseDecreasePayablesToClients_f020adf3-9765-f488-4e29-b9107bbd64f0" xlink:type="locator"/>

<link:calculationArc order="20" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_lpla_IncreaseDecreasePayablesToClients_f020adf3-9765-f488-4e29-b9107bbd64f0" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInPayablesToBrokerDealers" xlink:label="loc_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_901721e2-ea98-927f-dfbf-cec3bb19bcf8" xlink:type="locator"/>

<link:calculationArc order="21" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_901721e2-ea98-927f-dfbf-cec3bb19bcf8" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_ChangesInAccruedCommissionsAndAdvisoryFeesPayable" xlink:label="loc_lpla_ChangesInAccruedCommissionsAndAdvisoryFeesPayable_cd028869-20ec-ab49-f493-b9107a7ff10b" xlink:type="locator"/>

<link:calculationArc order="22" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_lpla_ChangesInAccruedCommissionsAndAdvisoryFeesPayable_cd028869-20ec-ab49-f493-b9107a7ff10b" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_7c1c3153-d95c-50b8-10ed-a75d1f3d7a68" xlink:type="locator"/>

<link:calculationArc order="23" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_7c1c3153-d95c-50b8-10ed-a75d1f3d7a68" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxes" xlink:label="loc_us-gaap_IncreaseDecreaseInIncomeTaxes_bbe65b7b-9450-159a-1ceb-bec58dfa9328" xlink:type="locator"/>

<link:calculationArc order="24" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInIncomeTaxes_bbe65b7b-9450-159a-1ceb-bec58dfa9328" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredRevenue" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredRevenue_6cfa827d-143a-2a96-d20d-4ed339c92bf3" xlink:type="locator"/>

<link:calculationArc order="25" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInDeferredRevenue_6cfa827d-143a-2a96-d20d-4ed339c92bf3" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased" xlink:label="loc_us-gaap_IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased_bbfafb2f-4c5e-5926-ba93-06175bfda0e2" xlink:type="locator"/>

<link:calculationArc order="26" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased_bbfafb2f-4c5e-5926-ba93-06175bfda0e2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_20d226c3-3f3e-d364-6be2-218b586f7912" xlink:type="locator"/>

<link:calculationArc order="27" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ce0d7b63-a366-bc9b-79e1-780981e428fe" xlink:to="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_20d226c3-3f3e-d364-6be2-218b586f7912" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfCashFlowsCashCashEquivalentsAndRestrictedCashReconciliation" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_5c8b3520-1ca2-0a91-0912-70d62831826c" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5e0cb0dc-b25c-aaae-62f8-cb90f31a16a1" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_5c8b3520-1ca2-0a91-0912-70d62831826c" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5e0cb0dc-b25c-aaae-62f8-cb90f31a16a1" xlink:type="arc"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_5c8b3520-1ca2-0a91-0912-70d62831826c" xlink:to="loc_us-gaap_NetIncomeLoss_e170ce1e-c3a8-e8ee-88b0-37e8dd7b1d11" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfComprehensiveIncomeParentheticals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfFinancialCondition" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_d7f1ad03-6ed4-706a-15fc-eae794dee33a" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_d7f1ad03-6ed4-706a-15fc-eae794dee33a" xlink:to="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_DraftsPayable" xlink:label="loc_srt_DraftsPayable_2eccba9f-a1c2-67b4-9247-18ffdae08e6c" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_srt_DraftsPayable_2eccba9f-a1c2-67b4-9247-18ffdae08e6c" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_PayablesToCustomers" xlink:label="loc_srt_PayablesToCustomers_09ca81ce-bfd9-ff02-63c6-040ac8bc9efa" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_srt_PayablesToCustomers_09ca81ce-bfd9-ff02-63c6-040ac8bc9efa" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_PayablesToBrokerDealersAndClearingOrganizations" xlink:label="loc_srt_PayablesToBrokerDealersAndClearingOrganizations_eeb3ac72-126d-5faa-b7b8-bfd659b70ed0" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_srt_PayablesToBrokerDealersAndClearingOrganizations_eeb3ac72-126d-5faa-b7b8-bfd659b70ed0" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_AccruedCommissionsAndAdvisoryFeesPayable" xlink:label="loc_lpla_AccruedCommissionsAndAdvisoryFeesPayable_b6d655c4-7d62-c157-da10-b9107b213415" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_lpla_AccruedCommissionsAndAdvisoryFeesPayable_b6d655c4-7d62-c157-da10-b9107b213415" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_efa64cef-5110-33cd-b428-f0367bd538b9" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_efa64cef-5110-33cd-b428-f0367bd538b9" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_TaxesPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_TaxesPayableCurrentAndNoncurrent_2b7c899c-68f1-3819-df65-23c87d9e41df" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_TaxesPayableCurrentAndNoncurrent_2b7c899c-68f1-3819-df65-23c87d9e41df" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredRevenueCurrent" xlink:label="loc_us-gaap_DeferredRevenueCurrent_2555b3ac-9c93-b2c5-236e-a9f819e1e0df" xlink:type="locator"/>

<link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_DeferredRevenueCurrent_2555b3ac-9c93-b2c5-236e-a9f819e1e0df" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue" xlink:label="loc_us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue_e6a7c4ed-0876-b0c6-130d-433feefae56c" xlink:type="locator"/>

<link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue_e6a7c4ed-0876-b0c6-130d-433feefae56c" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_a2f199ce-3001-c200-d488-633bc54206dc" xlink:type="locator"/>

<link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_LongTermDebt_a2f199ce-3001-c200-d488-633bc54206dc" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeaseLiability" xlink:label="loc_us-gaap_OperatingLeaseLiability_b983c2d8-8318-0a7e-1a5c-6ab2933f7be5" xlink:type="locator"/>

<link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_OperatingLeaseLiability_b983c2d8-8318-0a7e-1a5c-6ab2933f7be5" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiability" xlink:label="loc_us-gaap_FinanceLeaseLiability_66b601d4-fa3f-7d40-f560-84d87697ff03" xlink:type="locator"/>

<link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_FinanceLeaseLiability_66b601d4-fa3f-7d40-f560-84d87697ff03" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_LeaseholdFinancingObligation" xlink:label="loc_lpla_LeaseholdFinancingObligation_ebe618d5-c701-6535-be53-b9107bfd0f67" xlink:type="locator"/>

<link:calculationArc order="12" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_lpla_LeaseholdFinancingObligation_ebe618d5-c701-6535-be53-b9107bfd0f67" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilitiesNet" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilitiesNet_64993a75-9b0c-349a-1011-cc5a81c58412" xlink:type="locator"/>

<link:calculationArc order="13" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_44863786-cbc4-bac4-e070-0a1f19314584" xlink:to="loc_us-gaap_DeferredIncomeTaxLiabilitiesNet_64993a75-9b0c-349a-1011-cc5a81c58412" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_4b9904d8-8624-0dbb-a949-29ff2cf808a8" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_d7f1ad03-6ed4-706a-15fc-eae794dee33a" xlink:to="loc_us-gaap_StockholdersEquity_4b9904d8-8624-0dbb-a949-29ff2cf808a8" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_f05ab245-2bd1-7865-e7ed-1461a5a6155f" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b9904d8-8624-0dbb-a949-29ff2cf808a8" xlink:to="loc_us-gaap_CommonStockValue_f05ab245-2bd1-7865-e7ed-1461a5a6155f" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_9a00ddef-ccc2-f99c-735a-66b1e1849bbf" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b9904d8-8624-0dbb-a949-29ff2cf808a8" xlink:to="loc_us-gaap_AdditionalPaidInCapitalCommonStock_9a00ddef-ccc2-f99c-735a-66b1e1849bbf" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaap_TreasuryStockValue_e6069c8d-dfec-45ff-4b3f-643d125d5b29" xlink:type="locator"/>

<link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b9904d8-8624-0dbb-a949-29ff2cf808a8" xlink:to="loc_us-gaap_TreasuryStockValue_e6069c8d-dfec-45ff-4b3f-643d125d5b29" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_988c1346-b444-a867-fe80-f3aec1443d54" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b9904d8-8624-0dbb-a949-29ff2cf808a8" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_988c1346-b444-a867-fe80-f3aec1443d54" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_62305d8f-d807-0fe8-d0ab-f2c2b3d03011" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b9904d8-8624-0dbb-a949-29ff2cf808a8" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_62305d8f-d807-0fe8-d0ab-f2c2b3d03011" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_1de780cc-9607-daa3-0bed-03c88ae94769" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_1de780cc-9607-daa3-0bed-03c88ae94769" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations" xlink:label="loc_us-gaap_CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations_15c5d1d9-df13-7c81-2c22-7112f47de63b" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations_15c5d1d9-df13-7c81-2c22-7112f47de63b" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_ae11e3b1-839b-d0b0-a04b-b35611528b8c" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalents_ae11e3b1-839b-d0b0-a04b-b35611528b8c" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ReceivablesFromCustomers" xlink:label="loc_us-gaap_ReceivablesFromCustomers_af6642ab-1a28-e2c7-33a3-053ec7ede0c7" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_ReceivablesFromCustomers_af6642ab-1a28-e2c7-33a3-053ec7ede0c7" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations" xlink:label="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_0dd81228-730d-4ec5-a37d-69b2232f2423" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_0dd81228-730d-4ec5-a37d-69b2232f2423" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaap_NotesReceivableNet_3d52d34d-8d60-6172-4f19-5421e992ebcb" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_NotesReceivableNet_3d52d34d-8d60-6172-4f19-5421e992ebcb" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherReceivablesNetCurrent" xlink:label="loc_us-gaap_OtherReceivablesNetCurrent_6354506a-6731-cd90-1f5d-acac861303b2" xlink:type="locator"/>

<link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_OtherReceivablesNetCurrent_6354506a-6731-cd90-1f5d-acac861303b2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_cbc3cbda-1fb1-af8e-0097-b56de43893a0" xlink:type="locator"/>

<link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_TradingSecurities_cbc3cbda-1fb1-af8e-0097-b56de43893a0" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:type="locator"/>

<link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SecuritiesBorrowed" xlink:label="loc_us-gaap_SecuritiesBorrowed_5fd290b1-70f9-d97f-ba87-0e1b92ce5164" xlink:type="locator"/>

<link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_SecuritiesBorrowed_5fd290b1-70f9-d97f-ba87-0e1b92ce5164" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_4246ec24-1a4c-19dd-57c9-32d4a8e0cbaa" xlink:type="locator"/>

<link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_4246ec24-1a4c-19dd-57c9-32d4a8e0cbaa" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_dcf3df0d-2155-35f6-715d-83a9bc9cf3fb" xlink:type="locator"/>

<link:calculationArc order="12" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_dcf3df0d-2155-35f6-715d-83a9bc9cf3fb" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_37b440e2-656c-b624-0688-b7cf681bf981" xlink:type="locator"/>

<link:calculationArc order="13" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_Goodwill_37b440e2-656c-b624-0688-b7cf681bf981" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_8889606b-88fa-2d5e-3fb9-238bccdf9597" xlink:type="locator"/>

<link:calculationArc order="14" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_8889606b-88fa-2d5e-3fb9-238bccdf9597" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_53a34e15-d375-c4e0-c5cf-68e055eee5e5" xlink:type="locator"/>

<link:calculationArc order="15" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_OtherAssets_53a34e15-d375-c4e0-c5cf-68e055eee5e5" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_77ef13df-f466-8188-674d-2a5fb73fd335" xlink:type="locator"/>

<link:calculationArc order="16" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_77ef13df-f466-8188-674d-2a5fb73fd335" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaap_IncomeTaxReceivable_13dfc034-83cc-39e4-5596-a73aa2e4ef6c" xlink:type="locator"/>

<link:calculationArc order="17" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_17ef3f41-42f7-52c0-cba1-93e7e0e1116a" xlink:to="loc_us-gaap_IncomeTaxReceivable_13dfc034-83cc-39e4-5596-a73aa2e4ef6c" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfFinancialConditionParentheticals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfIncome" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_425ada39-f194-a279-47ac-dd09cf899fb1" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_BrokerageCommissionsRevenue" xlink:label="loc_us-gaap_BrokerageCommissionsRevenue_cd28d808-439f-c47e-12a8-0568c10957d6" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_425ada39-f194-a279-47ac-dd09cf899fb1" xlink:to="loc_us-gaap_BrokerageCommissionsRevenue_cd28d808-439f-c47e-12a8-0568c10957d6" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_AdvisoryRevenue" xlink:label="loc_lpla_AdvisoryRevenue_2f4b0c92-bd69-663f-deb9-b9107abfabf5" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_425ada39-f194-a279-47ac-dd09cf899fb1" xlink:to="loc_lpla_AdvisoryRevenue_2f4b0c92-bd69-663f-deb9-b9107abfabf5" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_AssetBasedFees" xlink:label="loc_lpla_AssetBasedFees_dc1aaac8-607d-ced7-bab0-b9107bee7d05" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_425ada39-f194-a279-47ac-dd09cf899fb1" xlink:to="loc_lpla_AssetBasedFees_dc1aaac8-607d-ced7-bab0-b9107bee7d05" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_TransactionAndOtherFees" xlink:label="loc_lpla_TransactionAndOtherFees_8eb3a343-2719-1fbe-b050-b9107b44a848" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_425ada39-f194-a279-47ac-dd09cf899fb1" xlink:to="loc_lpla_TransactionAndOtherFees_8eb3a343-2719-1fbe-b050-b9107b44a848" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_17d6fb00-d8ca-12a7-45aa-c9b702218c16" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_425ada39-f194-a279-47ac-dd09cf899fb1" xlink:to="loc_us-gaap_InterestIncomeExpenseNet_17d6fb00-d8ca-12a7-45aa-c9b702218c16" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherIncome" xlink:label="loc_us-gaap_OtherIncome_b36cbb9c-3cb7-e834-cb02-aac35e8dbc1b" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_425ada39-f194-a279-47ac-dd09cf899fb1" xlink:to="loc_us-gaap_OtherIncome_b36cbb9c-3cb7-e834-cb02-aac35e8dbc1b" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_489b61b6-7c39-240c-7f68-1c1675bca3b7" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_e170ce1e-c3a8-e8ee-88b0-37e8dd7b1d11" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_489b61b6-7c39-240c-7f68-1c1675bca3b7" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_666ca9f0-28f1-b21a-025e-36222808a6c3" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_e170ce1e-c3a8-e8ee-88b0-37e8dd7b1d11" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_666ca9f0-28f1-b21a-025e-36222808a6c3" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:type="locator"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_CommissionsAndAdvisoryFees" xlink:label="loc_lpla_CommissionsAndAdvisoryFees_d84c016a-c411-ca89-c436-b9107beef50e" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_lpla_CommissionsAndAdvisoryFees_d84c016a-c411-ca89-c436-b9107beef50e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_9ce4ddd7-88de-0c7f-0c68-70aef9a19b78" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_LaborAndRelatedExpense_9ce4ddd7-88de-0c7f-0c68-70aef9a19b78" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_PromotionalExpenses" xlink:label="loc_lpla_PromotionalExpenses_d5739d2f-1cab-0a74-ab96-b9107b11d8b9" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_lpla_PromotionalExpenses_d5739d2f-1cab-0a74-ab96-b9107b11d8b9" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_ebef248a-da21-637d-9d28-3d42ff90e8e2" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_ebef248a-da21-637d-9d28-3d42ff90e8e2" xlink:type="arc"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_AmortizationOfIntangibleAssets_725ae160-1b15-a075-fa62-729d0bc8cda1" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="loc_us-gaap_ProfessionalFees_af0691f4-7318-4564-f5f7-6ee97a28289e" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_ProfessionalFees_af0691f4-7318-4564-f5f7-6ee97a28289e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FloorBrokerageExchangeAndClearanceFees" xlink:label="loc_us-gaap_FloorBrokerageExchangeAndClearanceFees_922ae91e-472f-d465-c20d-c046a457e94d" xlink:type="locator"/>

<link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_FloorBrokerageExchangeAndClearanceFees_922ae91e-472f-d465-c20d-c046a457e94d" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CommunicationsAndInformationTechnology" xlink:label="loc_us-gaap_CommunicationsAndInformationTechnology_020cce2f-5fb8-a1ce-4ea5-cd82ffc7afcf" xlink:type="locator"/>

<link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_CommunicationsAndInformationTechnology_020cce2f-5fb8-a1ce-4ea5-cd82ffc7afcf" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RestructuringCharges" xlink:label="loc_us-gaap_RestructuringCharges_d445215a-3b87-2f11-ac68-3256f2f2966f" xlink:type="locator"/>

<link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_RestructuringCharges_d445215a-3b87-2f11-ac68-3256f2f2966f" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_bfd7e5fc-7065-bb3c-fbb7-c4cf6484ddd1" xlink:type="locator"/>

<link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_OtherExpenses_bfd7e5fc-7065-bb3c-fbb7-c4cf6484ddd1" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OccupancyNet" xlink:label="loc_us-gaap_OccupancyNet_3000f1c9-7fde-3147-d630-3ce64c18aeb0" xlink:type="locator"/>

<link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_56807cce-1c23-b2ed-01fd-e029fa0d6e79" xlink:to="loc_us-gaap_OccupancyNet_3000f1c9-7fde-3147-d630-3ce64c18aeb0" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/ConsolidatedStatementsOfStockholdersEquity" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/Debt" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/DebtCreditAgreementOutstandingBalanceDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/DebtCreditAgreementTextualsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/DebtFuturePaymentsAndMaturitiesDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_b5390da0-4b10-f083-5d88-d4657fa5b028" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_b14a8305-c528-44ac-6db7-45b0f6f6ddc6" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_b5390da0-4b10-f083-5d88-d4657fa5b028" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_b14a8305-c528-44ac-6db7-45b0f6f6ddc6" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_ce3ac95b-761b-7fbc-3779-1bdfd056c71f" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_b5390da0-4b10-f083-5d88-d4657fa5b028" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_ce3ac95b-761b-7fbc-3779-1bdfd056c71f" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_d39bb101-f79f-a162-9929-01083e9d64b5" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_b5390da0-4b10-f083-5d88-d4657fa5b028" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_d39bb101-f79f-a162-9929-01083e9d64b5" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_73238937-86a2-9126-69f0-c70629155ebe" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_b5390da0-4b10-f083-5d88-d4657fa5b028" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_73238937-86a2-9126-69f0-c70629155ebe" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_a170264f-50ba-a4bb-6d22-ec86b5249633" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_b5390da0-4b10-f083-5d88-d4657fa5b028" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_a170264f-50ba-a4bb-6d22-ec86b5249633" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_da82f4c2-6e6f-ccde-a6bf-f559322a3267" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_b5390da0-4b10-f083-5d88-d4657fa5b028" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_da82f4c2-6e6f-ccde-a6bf-f559322a3267" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/DebtTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/DocumentAndEntityInformationDocument" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/EarningsPerShare" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/EarningsPerShareDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_239F6CB36D9557E89BF8C0DD2C0B6E8B" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xlink:label="loc_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_02EBF8EA07DF5562B9094BB80D38A65C" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_239F6CB36D9557E89BF8C0DD2C0B6E8B" xlink:to="loc_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_02EBF8EA07DF5562B9094BB80D38A65C" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2A0F2BBA40DD53A4B5B0512824CB3A89" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_239F6CB36D9557E89BF8C0DD2C0B6E8B" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2A0F2BBA40DD53A4B5B0512824CB3A89" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/EarningsPerShareDetailsTextuals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/EarningsPerShareTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/EmployeeAndAdvisorBenefitPlans" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/EmployeeAndAdvisorBenefitPlansDetailsTextuals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FairValueMeasurements" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FairValueMeasurementsChangesInLevel3RecurringFairValueMeasurementsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FairValueMeasurementsTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FinancialInstrumentsWithOffBalanceSheetCreditRiskAndConcentrationsOfCreditRisk" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FixedAssets" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FixedAssetsDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_94cd7971-9d17-1c6e-6642-d4d38fb682b6" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_4246ec24-1a4c-19dd-57c9-32d4a8e0cbaa" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentGross_94cd7971-9d17-1c6e-6642-d4d38fb682b6" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_7b7a3a8d-eb3d-0c85-68cc-b3d4d184ff23" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_4246ec24-1a4c-19dd-57c9-32d4a8e0cbaa" xlink:to="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_7b7a3a8d-eb3d-0c85-68cc-b3d4d184ff23" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/FixedAssetsDetailsTextuals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/FixedAssetsTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssets" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssetsDetailsTextuals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssetsGoodwillDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/GoodwillAndOtherIntangibleAssetsTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/HeldToMaturitySecurities" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/HeldToMaturitySecuritiesDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_6a2ab4f1-73c0-397b-ff46-cdc67a75525b" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_6a2ab4f1-73c0-397b-ff46-cdc67a75525b" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue_4f9b7046-b000-3e9f-077e-198f95563d5e" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesFairValue_4f9b7046-b000-3e9f-077e-198f95563d5e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_d7d63001-cc8d-097b-a0dc-f2e7b842eedb" xlink:type="locator"/>

<link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_d7d63001-cc8d-097b-a0dc-f2e7b842eedb" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/HeldToMaturitySecuritiesDetails1" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7f64a45e-170f-8856-66e3-8287b0258afc" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7f64a45e-170f-8856-66e3-8287b0258afc" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_e393a271-d6ec-6465-0402-26e60e041424" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_e393a271-d6ec-6465-0402-26e60e041424" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_e714f5ac-9e4f-df31-0686-67d03ae6b311" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecurities_68681ceb-ee59-4c23-4b8e-33a166cc5b4e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_e714f5ac-9e4f-df31-0686-67d03ae6b311" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_912d08f8-1726-bfae-7790-02952b46ab84" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesFairValue_4f9b7046-b000-3e9f-077e-198f95563d5e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_912d08f8-1726-bfae-7790-02952b46ab84" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_20c7522f-3e17-8a70-2997-1273217c0ef3" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesFairValue_4f9b7046-b000-3e9f-077e-198f95563d5e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_20c7522f-3e17-8a70-2997-1273217c0ef3" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_e115b662-fdd2-274c-b973-0fa9b84d98fc" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesFairValue_4f9b7046-b000-3e9f-077e-198f95563d5e" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_e115b662-fdd2-274c-b973-0fa9b84d98fc" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/HeldToMaturitySecuritiesTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/IncomeTaxes" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/IncomeTaxesDeferredIncomeTaxesDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_f31cb66e-0de8-54fb-4788-53b3cde0ec2f" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:type="locator"/>

<link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxLiabilities_f31cb66e-0de8-54fb-4788-53b3cde0ec2f" xlink:to="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsSeverancePayments" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsSeverancePayments_3ab55d38-2d87-76e7-d1fd-bf1040610890" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsSeverancePayments_3ab55d38-2d87-76e7-d1fd-bf1040610890" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_de5e795f-0165-d088-d22e-d01ff8d44317" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_de5e795f-0165-d088-d22e-d01ff8d44317" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_19f9d05f-2c58-37fa-8ed6-50f05acd87f4" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_19f9d05f-2c58-37fa-8ed6-50f05acd87f4" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_DeferredTaxAssetsOperatingLeaseLiabilities" xlink:label="loc_lpla_DeferredTaxAssetsOperatingLeaseLiabilities_EEC5D3CF1E45384502E859CAC502A234" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_lpla_DeferredTaxAssetsOperatingLeaseLiabilities_EEC5D3CF1E45384502E859CAC502A234" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_DeferredTaxAssetsFinanceLeaseLiabilities" xlink:label="loc_lpla_DeferredTaxAssetsFinanceLeaseLiabilities_E2987C1458499DD7EBE859CF0178C36F" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_lpla_DeferredTaxAssetsFinanceLeaseLiabilities_E2987C1458499DD7EBE859CF0178C36F" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent_4653140c-a494-1db4-9e71-1db68da07323" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent_4653140c-a494-1db4-9e71-1db68da07323" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_b1af2034-c908-aa1d-0729-b39714efe23b" xlink:type="locator"/>

<link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_b1af2034-c908-aa1d-0729-b39714efe23b" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_DeferredTaxAssetsTaxDeferredExpenseForgivableLoans" xlink:label="loc_lpla_DeferredTaxAssetsTaxDeferredExpenseForgivableLoans_0fc5fff3-18b9-b9bd-953d-aba9b89dded9" xlink:type="locator"/>

<link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_lpla_DeferredTaxAssetsTaxDeferredExpenseForgivableLoans_0fc5fff3-18b9-b9bd-953d-aba9b89dded9" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance_c887ba11-b7eb-93cc-affd-17193f00a9de" xlink:type="locator"/>

<link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance_c887ba11-b7eb-93cc-affd-17193f00a9de" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="loc_us-gaap_DeferredTaxAssetsOther_a87b79d6-1ed8-a71d-1843-5c0769713f28" xlink:type="locator"/>

<link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsOther_a87b79d6-1ed8-a71d-1843-5c0769713f28" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_bc5d002e-802f-bf1e-7d7d-9f1d1a7551a7" xlink:type="locator"/>

<link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_e6f5d9f5-2430-5e17-896c-5e4d69815366" xlink:to="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_bc5d002e-802f-bf1e-7d7d-9f1d1a7551a7" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilities_15e17ec2-d527-455f-b2cd-0be7f92a9fd5" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxLiabilities_f31cb66e-0de8-54fb-4788-53b3cde0ec2f" xlink:to="loc_us-gaap_DeferredIncomeTaxLiabilities_15e17ec2-d527-455f-b2cd-0be7f92a9fd5" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_5da8fd5a-89f1-3049-e781-200c2d180554" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_15e17ec2-d527-455f-b2cd-0be7f92a9fd5" xlink:to="loc_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_5da8fd5a-89f1-3049-e781-200c2d180554" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_fee9ac69-74b7-a6ae-6ad8-e6860d7cdb9d" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_15e17ec2-d527-455f-b2cd-0be7f92a9fd5" xlink:to="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_fee9ac69-74b7-a6ae-6ad8-e6860d7cdb9d" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_DeferredTaxLiabilitiesOperatingLeaseAssets" xlink:label="loc_lpla_DeferredTaxLiabilitiesOperatingLeaseAssets_BC80B223F762C79C92DA59D8893C0B22" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_15e17ec2-d527-455f-b2cd-0be7f92a9fd5" xlink:to="loc_lpla_DeferredTaxLiabilitiesOperatingLeaseAssets_BC80B223F762C79C92DA59D8893C0B22" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesOther_4c5a1085-469a-cd6c-e26f-53287b62aa26" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_15e17ec2-d527-455f-b2cd-0be7f92a9fd5" xlink:to="loc_us-gaap_DeferredTaxLiabilitiesOther_4c5a1085-469a-cd6c-e26f-53287b62aa26" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/IncomeTaxesDetailsTextuals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/IncomeTaxesGrossUnrecognizedTaxBenefitsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_425CBE08A90B59D6B6FACEF1374581BB" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_1996B73FC0915D898A3200F8E209C0DB" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_425CBE08A90B59D6B6FACEF1374581BB" xlink:to="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_1996B73FC0915D898A3200F8E209C0DB" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_69EC88C1CE695ACDBF0C03EFD974E09B" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_1996B73FC0915D898A3200F8E209C0DB" xlink:to="loc_us-gaap_CurrentFederalTaxExpenseBenefit_69EC88C1CE695ACDBF0C03EFD974E09B" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_B7D9178A1E965E009CC5E5E13EADDE1E" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_1996B73FC0915D898A3200F8E209C0DB" xlink:to="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_B7D9178A1E965E009CC5E5E13EADDE1E" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_7F2AF5BD78505DC3A9CD5AB3B3D28CB9" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_425CBE08A90B59D6B6FACEF1374581BB" xlink:to="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_7F2AF5BD78505DC3A9CD5AB3B3D28CB9" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_DDBA4D7959C05E98AC5510D6C43412A5" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_7F2AF5BD78505DC3A9CD5AB3B3D28CB9" xlink:to="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_DDBA4D7959C05E98AC5510D6C43412A5" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E5129BCE548A5104B005ECEE88A17687" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_7F2AF5BD78505DC3A9CD5AB3B3D28CB9" xlink:to="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E5129BCE548A5104B005ECEE88A17687" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/IncomeTaxesReconciliationToEffectiveRateDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5ef0c8c5-04c5-1c10-a59e-3eaa9cf923b4" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5ef0c8c5-04c5-1c10-a59e-3eaa9cf923b4" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_fa285cf0-c43f-6ef0-a0f2-c37d958f2fe4" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_fa285cf0-c43f-6ef0-a0f2-c37d958f2fe4" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpense" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpense_d9df7d3d-b9dd-e868-b078-e2e03ba315bc" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpense_d9df7d3d-b9dd-e868-b078-e2e03ba315bc" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_8a96a0f2-2ed9-024e-417b-ed20a968d49f" xlink:type="locator"/>

<link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_8a96a0f2-2ed9-024e-417b-ed20a968d49f" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities_c9027885-4129-8211-e024-0100e756ba34" xlink:type="locator"/>

<link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities_c9027885-4129-8211-e024-0100e756ba34" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsResearch" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsResearch_fc0800f8-685a-9b5f-285f-85bf2acf8435" xlink:type="locator"/>

<link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsResearch_fc0800f8-685a-9b5f-285f-85bf2acf8435" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_c16a0eb3-02da-6ea0-91e7-3203372f71fd" xlink:type="locator"/>

<link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_c16a0eb3-02da-6ea0-91e7-3203372f71fd" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_760e1cd1-b180-e0c4-17a8-eef24284a1cb" xlink:type="locator"/>

<link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_aa9fb8cf-e50d-6d5b-0236-a084fee29894" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_760e1cd1-b180-e0c4-17a8-eef24284a1cb" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/IncomeTaxesTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/IntangibleAssetsComponentsDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_e11e8784-8f2d-ca3c-a9e8-a8115d54520c" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsGross_e11e8784-8f2d-ca3c-a9e8-a8115d54520c" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_65140cb5-12a8-2030-97e2-fa6daceadf40" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_65140cb5-12a8-2030-97e2-fa6daceadf40" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_cb3c969e-ecfd-d862-86d5-39c41aa964cb" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_8889606b-88fa-2d5e-3fb9-238bccdf9597" xlink:to="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_cb3c969e-ecfd-d862-86d5-39c41aa964cb" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/IntangibleAssetsFutureAmortizationExpenseDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_cddb4eb0-3110-27ee-28d5-5d7adef4fa0c" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_cddb4eb0-3110-27ee-28d5-5d7adef4fa0c" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_52d5fc42-d7bd-e657-728c-68a54a8a27d9" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_52d5fc42-d7bd-e657-728c-68a54a8a27d9" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_28209536-91f9-47af-f5bd-6accbeed43b7" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_28209536-91f9-47af-f5bd-6accbeed43b7" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_716ff456-95a9-c7d8-efd5-2047c2ac3646" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_716ff456-95a9-c7d8-efd5-2047c2ac3646" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_db859267-14f1-73e3-47c3-03bfc9627628" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_db859267-14f1-73e3-47c3-03bfc9627628" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_fa802f8f-3c6f-18ed-005d-e578d38097d8" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_e87bd6a3-2026-a858-f41a-bc281e5d594b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_fa802f8f-3c6f-18ed-005d-e578d38097d8" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/LeasesComponentsOfLeaseExpenseDetails" xlink:type="extended">

<link:loc xlink:href="lpla-20191231.xsd#lpla_FinanceLeaseTotalCost" xlink:label="loc_lpla_FinanceLeaseTotalCost_4057e950-40c0-987d-9fce-b9107b30f42d" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseRightOfUseAssetAmortization" xlink:label="loc_us-gaap_FinanceLeaseRightOfUseAssetAmortization_e6bc46d1-fec7-6b3b-527e-4ad756896790" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_lpla_FinanceLeaseTotalCost_4057e950-40c0-987d-9fce-b9107b30f42d" xlink:to="loc_us-gaap_FinanceLeaseRightOfUseAssetAmortization_e6bc46d1-fec7-6b3b-527e-4ad756896790" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseInterestExpense" xlink:label="loc_us-gaap_FinanceLeaseInterestExpense_a4a8e3bb-2ee6-a2f3-d86b-f05bd98679a7" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_lpla_FinanceLeaseTotalCost_4057e950-40c0-987d-9fce-b9107b30f42d" xlink:to="loc_us-gaap_FinanceLeaseInterestExpense_a4a8e3bb-2ee6-a2f3-d86b-f05bd98679a7" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/LeasesMaturitiesOfLeaseLiabilitiesDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_1c2cd15f-6a97-015f-b126-1d0a0750698b" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_5ad4ca01-bc52-b198-b1fd-3cded668d167" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_1c2cd15f-6a97-015f-b126-1d0a0750698b" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_5ad4ca01-bc52-b198-b1fd-3cded668d167" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_9b040bc1-f43c-735d-05f7-679f319d2bb6" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_1c2cd15f-6a97-015f-b126-1d0a0750698b" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_9b040bc1-f43c-735d-05f7-679f319d2bb6" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_2f0ec234-4f20-7099-efb3-3c0ab4d024dd" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_1c2cd15f-6a97-015f-b126-1d0a0750698b" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_2f0ec234-4f20-7099-efb3-3c0ab4d024dd" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_1ed751b1-5f94-4f6f-41e9-ef873c9f2bab" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_1c2cd15f-6a97-015f-b126-1d0a0750698b" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_1ed751b1-5f94-4f6f-41e9-ef873c9f2bab" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_8a8de21f-aadc-3af7-8c96-d54cf42b401b" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_1c2cd15f-6a97-015f-b126-1d0a0750698b" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_8a8de21f-aadc-3af7-8c96-d54cf42b401b" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_b411eec9-2a0a-356b-e751-bd0680ab4d58" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_1c2cd15f-6a97-015f-b126-1d0a0750698b" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_b411eec9-2a0a-356b-e751-bd0680ab4d58" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDue" xlink:label="loc_us-gaap_FinanceLeaseLiabilityPaymentsDue_585156c8-71c1-ada7-fa32-ec99a518c7a0" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_56214e92-975b-87e2-d6f8-a5f1e857c6ef" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinanceLeaseLiabilityPaymentsDue_585156c8-71c1-ada7-fa32-ec99a518c7a0" xlink:to="loc_us-gaap_FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_56214e92-975b-87e2-d6f8-a5f1e857c6ef" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo" xlink:label="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_9048fd47-13cc-d6eb-d7dd-e8d53f87b993" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinanceLeaseLiabilityPaymentsDue_585156c8-71c1-ada7-fa32-ec99a518c7a0" xlink:to="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_9048fd47-13cc-d6eb-d7dd-e8d53f87b993" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree" xlink:label="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_c4c9d759-d9f6-eec5-3320-115ed3ebdd52" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinanceLeaseLiabilityPaymentsDue_585156c8-71c1-ada7-fa32-ec99a518c7a0" xlink:to="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_c4c9d759-d9f6-eec5-3320-115ed3ebdd52" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour" xlink:label="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_48ac7df5-3392-98b1-a73f-b2f41673ff75" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinanceLeaseLiabilityPaymentsDue_585156c8-71c1-ada7-fa32-ec99a518c7a0" xlink:to="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_48ac7df5-3392-98b1-a73f-b2f41673ff75" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive" xlink:label="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive_c21c69f2-c329-91b2-f24a-9debaed02565" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinanceLeaseLiabilityPaymentsDue_585156c8-71c1-ada7-fa32-ec99a518c7a0" xlink:to="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive_c21c69f2-c329-91b2-f24a-9debaed02565" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive" xlink:label="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_80ad803a-a5b3-2c23-a7a0-aed644e501db" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinanceLeaseLiabilityPaymentsDue_585156c8-71c1-ada7-fa32-ec99a518c7a0" xlink:to="loc_us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_80ad803a-a5b3-2c23-a7a0-aed644e501db" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_acfb1bbb-4a5b-18c4-ab71-d62ae0aecfa0" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_4cf71329-74d6-54f3-cadb-acb7f1063f36" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_acfb1bbb-4a5b-18c4-ab71-d62ae0aecfa0" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_4cf71329-74d6-54f3-cadb-acb7f1063f36" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_f2a573e7-27e5-db11-63c6-c460733b5ea3" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_acfb1bbb-4a5b-18c4-ab71-d62ae0aecfa0" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_f2a573e7-27e5-db11-63c6-c460733b5ea3" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_398384fb-b756-b11a-1ea4-5a5cd4372c82" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_acfb1bbb-4a5b-18c4-ab71-d62ae0aecfa0" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_398384fb-b756-b11a-1ea4-5a5cd4372c82" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_832fb73d-9886-a0dd-5905-8e2ec54304d6" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_acfb1bbb-4a5b-18c4-ab71-d62ae0aecfa0" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_832fb73d-9886-a0dd-5905-8e2ec54304d6" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_1f2c68db-a374-1412-5f1f-4edca1431bbb" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_acfb1bbb-4a5b-18c4-ab71-d62ae0aecfa0" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_1f2c68db-a374-1412-5f1f-4edca1431bbb" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_e71cbb67-0324-15b7-66dc-376e90f3ca60" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_acfb1bbb-4a5b-18c4-ab71-d62ae0aecfa0" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_e71cbb67-0324-15b7-66dc-376e90f3ca60" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/LeasesNotes" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/LeasesRemainingTermsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/LeasesSupplementalCashFlowInformationRelatedToLeasesDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/LeasesSupplementalWeightedAverageInformationRelatedToLeasesDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/LeasesTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/NetCapitalAndRegulatoryRequirements" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/NetCapitalAndRegulatoryRequirementsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/OrganizationAndDescriptionOfCompany" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/OrganizationAndDescriptionOfCompanyDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ReceivablesFromProductSponsorsBrokerDealersAndClearingOrganizationsAndPayablesToBrokerDealersAndClearingOrganizations" xlink:type="extended"/>

<link:loc xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_PayablesToBrokerDealersAndClearingOrganizations" xlink:label="loc_srt_PayablesToBrokerDealersAndClearingOrganizations_5EBB038640EB599FBCD75F6202116F7C" xlink:type="locator"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_PayableToClearingOrganizations" xlink:label="loc_lpla_PayableToClearingOrganizations_2F5F0A7EEF5A55E493A553916FDC6A22" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_srt_PayablesToBrokerDealersAndClearingOrganizations_5EBB038640EB599FBCD75F6202116F7C" xlink:to="loc_lpla_PayableToClearingOrganizations_2F5F0A7EEF5A55E493A553916FDC6A22" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_PayableToBrokerDealers" xlink:label="loc_lpla_PayableToBrokerDealers_86C373E210D8547CBD00453FBF5D8343" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_srt_PayablesToBrokerDealersAndClearingOrganizations_5EBB038640EB599FBCD75F6202116F7C" xlink:to="loc_lpla_PayableToBrokerDealers_86C373E210D8547CBD00453FBF5D8343" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SecuritiesFailedToReceive" xlink:label="loc_us-gaap_SecuritiesFailedToReceive_80E8821D7824531D9E0C9FE8E2B32651" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_srt_PayablesToBrokerDealersAndClearingOrganizations_5EBB038640EB599FBCD75F6202116F7C" xlink:to="loc_us-gaap_SecuritiesFailedToReceive_80E8821D7824531D9E0C9FE8E2B32651" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations" xlink:label="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_E96D4029B3A459CFAA7698976A78B00B" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CommissionsAndFloorBrokerageReceivables" xlink:label="loc_us-gaap_CommissionsAndFloorBrokerageReceivables_3112894868C25F818C4B19C85E58AA50" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_E96D4029B3A459CFAA7698976A78B00B" xlink:to="loc_us-gaap_CommissionsAndFloorBrokerageReceivables_3112894868C25F818C4B19C85E58AA50" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SecuritiesFailedToDeliver" xlink:label="loc_us-gaap_SecuritiesFailedToDeliver_FEF65258992656179C0AB7843DB25966" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_E96D4029B3A459CFAA7698976A78B00B" xlink:to="loc_us-gaap_SecuritiesFailedToDeliver_FEF65258992656179C0AB7843DB25966" xlink:type="arc"/>

<link:loc xlink:href="lpla-20191231.xsd#lpla_ReceivableFromBrokerDealers" xlink:label="loc_lpla_ReceivableFromBrokerDealers_6938EF0AB46659ECA2F0A982B76C8F12" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_E96D4029B3A459CFAA7698976A78B00B" xlink:to="loc_lpla_ReceivableFromBrokerDealers_6938EF0AB46659ECA2F0A982B76C8F12" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ReceivablesFromClearingOrganizations" xlink:label="loc_us-gaap_ReceivablesFromClearingOrganizations_D3FB8046E197530A994BCA496B09ACB4" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_E96D4029B3A459CFAA7698976A78B00B" xlink:to="loc_us-gaap_ReceivablesFromClearingOrganizations_D3FB8046E197530A994BCA496B09ACB4" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.lpl.com/role/RelatedPartyTransactions" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/RelatedPartyTransactionsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/RevenueAssetBasedRevenueDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/RevenueCommissionRevenueDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/RevenueNotes" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/RevenueTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/RevenueTransactionAndFeeRevenueDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/RevenueUnearnedRevenueDetailsTexturals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SelectedQuarterlyFinancialDataDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SelectedQuarterlyFinancialDataUnaudited" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SelectedQuarterlyFinancialDataUnauditedTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ShareBasedCompensationDetailsTextuals" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ShareBasedCompensationOutstandingStockOptionsAndWarrantsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ShareBasedCompensationRestrictedStockActivityDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ShareBasedCompensationStockOptionAndWarrantActivityDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/ShareBasedCompensationStockOptionAndWarrantAssumptionsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/StockBasedCompensation" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/StockBasedCompensationTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/StockholdersEquityDividendsPaidDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/StockholdersEquityShareRepurchasesDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/StockholdersEquityStockholdersEquityNotes" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/StockholdersEquityTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SubsequentEvent" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SubsequentEventDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPolicies" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesAcquisitionsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesCashAndCashEquivalentsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesCashSegregatedUnderFederalAndOtherRegulationsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesFairValueOfDebtInstrumentsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesFixedAssetsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesGoodwillAndOtherIntangibleAssetsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReceivablesFromAdvisorDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReceivablesFromAndPayablesToClientsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReceivablesFromOthersDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesReportableSegmentDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesSecuritiesBorrowedDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesShareBasedCompensationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.lpl.com/role/SummaryOfSignificantAccountingPoliciesTables" xlink:type="extended"/>

</link:linkbase>

2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/22/22  LPL Financial Holdings Inc.       10-K       12/31/21  128:14M
 2/23/21  LPL Financial Holdings Inc.       10-K       12/31/20  125:13M

↑Top

Filing Submission 0001397911-20-000023 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

LPL Financial Holdings Inc. – ‘10-K’ for 12/31/19 – ‘EX-101.CAL’

On: Friday, 2/21/20, at 4:04pm ET · For: 12/31/19 · Accession #: 1397911-20-23 · File #: 1-34963

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘EX-101.CAL’ — XBRL Calculations — lpla-20191231_cal

This Exhibit is an XBRL XML File.

2 Subsequent Filings that Reference this Filing

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents