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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  TPG Advisors IV, Inc.
2. Date of Event Requiring Statement (Month/Day/Year)
04/24/2009
3. Issuer Name and Ticker or Trading Symbol
LPL Investment Holdings Inc. [NONE]
(Last)
(First)
(Middle)
C/O TPG CAPITAL, L.P.,, 301 COMMERCE STREET, SUITE 3300
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

FORT WORTH, TX 76102
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common stock, par value $0.001 per share 34,210,185.1
I
See Explanation of Responses (1) and (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TPG Advisors IV, Inc.
C/O TPG CAPITAL, L.P.,
301 COMMERCE STREET, SUITE 3300
FORT WORTH, TX 76102
    X    
BONDERMAN DAVID
301 COMMERCE STREET,
SUITE 3300
FORT WORTH, TX 76102
    X    
COULTER JAMES G
301 COMMERCE STREET,
SUITE 3300
FORT WORTH, TX 76102
    X    

Signatures

/s/ Clive D. Bode, Vice President, TPG Advisors IV, Inc. (3) 04/24/2009
**Signature of Reporting Person Date

/s/ Clive D. Bode, on behalf of David Bonderman (3) (4) 04/24/2009
**Signature of Reporting Person Date

/s/ Clive D. Bode, on behalf of James G. Coulter (3) (4) 04/24/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Remarks:
(1) David Bonderman and James G. Coulter are directors, officers and sole shareholders of TPG Advisors IV, Inc., a Delaware
 corporation ("TPG Advisors IV" and, together with Messrs. Bonderman and Coulter, the "Reporting Persons"), which in turn is
 the general partner of TPG GenPar IV, L.P., a Delaware limited partnership, which in turn is the general partner of TPG
 Partners IV, L.P., a Delaware limited partnership ("TPG Partners IV"), which directly holds the shares of common stock of
 LPL Investment Holdings Inc. (the "Shares") reported herein.

(2) Because of the Reporting Persons' relationship to TPG Partners IV, the Reporting Persons may be deemed to beneficially
 own the Shares directly held by TPG Partners IV to the extent of the greater of their respective direct or indirect
 pecuniary interests in the profits or capital accounts of TPG Partners IV.  Pursuant to Rule 16a-1(a)(4) under the
 Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the
 Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any Shares in
 excess of such amounts.

(3) The Reporting Persons are jointly filing this Form 3 pursuant to Rule 16a-3(j) under the Exchange Act.

(4) Clive D. Bode is signing on behalf of both Messrs. Bonderman and Coulter pursuant to the authorization and designation
 letters dated August 31, 2006, which were previously filed with the Securities and Exchange Commission.

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