Business
LPL Financial Reports Monthly Activity for February 2026
SAN DIEGO, March 19, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”) today released its monthly activity report for
About this update from Lpl Financial Holdings Inc.
[{"type":"text","content":"SAN DIEGO, March 19, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”) today released its monthly activity report for February 2026. Total advisory and brokerage assets at the end of February were $2.43 trillion, an increase of $22.3 billion, or 0.9%, compared to the end of January. Advisory assets as a percentage of total assets increased to 59.3%, up from 54.6% a year ago. Total organic net new assets for February were $9.1 billion, translating to a 4.5% annualized growth rate. Total client cash balances at the end of February were $55.9 billion, a decrease of $0.6 billion compared to the end of January. In February, $0.5 billion of sweep money market funds were converted to purchased money market funds. Prior to this impact, client cash balances decreased by $0.2 billion. Net buying in February was $16.6 billion. (End of period $ in billions, unless noted)FebruaryJanuaryChangeFebruaryChange20262026M/M2025Y/YAdvisory and Brokerage Assets Advisory assets1,441.6 1,422.7 1.3%995.0 44.9%Brokerage assets989.3 985.8 0.4%828.2 19.5%Total Advisory and Brokerage Assets2,430.8 2,408.5 0.9%1,823.1 33.3% Organic Net New Assets Organic net new advisory assets10.0 6.1 n/m9.6n/mOrganic net new brokerage assets(0.9)(2.0)n/m14.1n/mTotal Organic Net New Assets9.1 4.2 n/m23.8n/m Acquired Net New Assets Acquired net new advisory assets0.0 0.0 n/m0.0n/mAcquired net new brokerage assets0.0 0.0 n/m0.7n/mTotal Acquired Net New Assets0.0 0.0 n/m0.7n/m Total Net New Assets Net new advisory assets10.0 6.1 n/m9.6n/mNet new brokerage assets(0.9)(2.0)n/m14.8n/mTotal Net New Assets9.1 4.2 n/m24.5n/m Net brokerage to advisory conversions2.1 2.2 n/m1.9n/m Client Cash Balances Insured cash account sweep37.8 38.2 (1.0%)35.6 6.2%Deposit cash account sweep14.6 14.2 2.8%10.2 43.1%Total Bank Sweep52.4 52.4 —%45.8 14.4%Money market sweep1.8 2.2 (18.2%)4.0 (55.0%)Total Client Cash Sweep Held by Third Parties54.2 54.6 (0.7%)49.8 8.8%Client cash account1.6 1.9 (15.8%)1.5 6.7%Total Client Cash Balances55.9 56.5 (1.1%)51.3 9.0% Net buy (sell) activity16.6 13.8 n/m14.3n/m Market Drivers S&P 500 Index (end of period)6,879 6,939 (0.9%)5,955 15.5%Russell 2000 Index (end of period)2,632 2,614 0.7%2,163 21.7%Fed Funds daily effective rate (average bps)364 364 —%433 (15.9%) For additional information regarding these and other Company business m...