SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Dwyer William E III

(Last)

(First)

(Middle)

C/O LPL INVESTMENT HOLDINGS, INC.

ONE BEACON STREET, FLOOR 22

(Street)

BOSTON

02108

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/29/2007

3. Issuer Name and Ticker or Trading Symbol
LPL Investment Holdings Inc. [ NONE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Managing Director, Natl. Sales

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	18,191.64	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option Awards	⁽¹⁾	12/14/2009	Common Stock	7,499	$10.78	D
Option Awards	12/28/2007	12/14/2009	Common Stock	10,003	$10.78	D
Option Awards	⁽¹⁾	01/15/2012	Common Stock	890	$20.77	D
Option Awards	12/28/2007	01/15/2012	Common Stock	446	$20.77	D
Option Awards	⁽¹⁾	05/02/2013	Common Stock	36,958	$18.82	D
Option Awards	12/28/2007	05/02/2013	Common Stock	18,480	$18.82	D
Option Awards	⁽¹⁾	11/30/2013	Common Stock	17,810	$13.53	D
Option Awards	12/28/2007	11/30/2013	Common Stock	8,906	$13.53	D
Option Awards	⁽¹⁾	05/31/2014	Common Stock	44,528	$14.93	D
Option Awards	12/28/2007	05/31/2014	Common Stock	22,264	$14.93	D

Explanation of Responses:

1. These shares are vested and exercisable until expiration date.

Remarks:

Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Person herein states that this filing shall not be deemed an admission that he or it is the beneficial owner of any of such interests, and disclaims beneficial ownership of such interests, except to the extent of his pecuniary interest in such interests.

	/s/ William E. Dwyer (see remarks)	06/29/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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