Schwab, LPL are the best broker picks for 2025

Shares in Charles Schwab have had a rough two years, but the stock’s fortunes could turn around in 2025, says KBW equity analyst Kyle Voigt. As for Schwab, Voigt sees several potential catalysts for the company, including an opportunity to pay down short-term debt that has weighed on the stock. As for LPL, it is completing its latest major acquisition and its new leadership is focused on margin expansion, two points in its favor, according to Voigt.