Press release
LPL Financial Reports Monthly Activity for July 2025
SAN DIEGO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (“LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the
About this update from Lpl Financial Holdings Inc.
[{"type":"text","content":"SAN DIEGO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (“LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for July 2025. Total advisory and brokerage assets at the end of July were $1.94 trillion, an increase of $20.2 billion, or 1.1%, compared to the end of June 2025. Total organic net new assets for July were $5.4 billion, translating to a 3.4% annualized growth rate. This included $1.8 billion of assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. Prior to these impacts, organic net new assets were $7.2 billion, translating to a 4.5% annualized growth rate. Total client cash balances at the end of July were $49.5 billion, a decrease of $1.1 billion compared to the end of June 2025. Net buying in July was $13.7 billion. (End of period $ in billions, unless noted)JulyJuneChangeJulyChange20252025M/M2024Y/YAdvisory and Brokerage Assets Advisory assets1,077.01,060.71.5%850.626.6%Brokerage assets862.4858.50.5%678.727.1%Total Advisory and Brokerage Assets1,939.41,919.21.1%1,529.326.8% Organic Net New Assets Organic net new advisory assets7.57.9n/m6.8n/mOrganic net new brokerage assets(2.0)0.1n/m2.2n/mTotal Organic Net New Assets5.48.0n/m9.0n/m Acquired Net New Assets Acquired net new advisory assets0.00.0n/m0.0n/mAcquired net new brokerage assets0.00.0n/m0.0n/mTotal Acquired Net New Assets0.00.0n/m0.0n/m Total Net New Assets Net new advisory assets7.57.9n/m6.8n/mNet new brokerage assets(2.0)0.1n/m2.2n/mTotal Net New Assets5.58.0n/m9.0n/m Net brokerage to advisory conversions2.42.4n/m1.0n/m Client Cash Balances Insured cash account sweep33.734.2(1.5%)31.18.4%Deposit cash account sweep10.810.8—%9.118.7%Total Bank Sweep44.444.9(1.1%)40.210.4%Money market sweep3.43.7(8.1%)2.347.8%Total Client Cash Sweep Held by Third Parties47.948.6(1.4%)42.512.7%Client cash account1.62.0(20.0%)1.56.7%Total Client Cash Balances49.550.6(2.2%)44.012.5% Net buy (sell) activity13.712.7n/m12.9n/m Market Drivers S&P 500 Index (end of period)6,3396,2052.2%5,52214.8%Russell 2000 Index (end of period)2,2122,1751.7%2,254(1.9%)Fed Funds daily effective rate (average bps)433433 —% 533(18.8%) For additional information regarding these and other LPL Financial business metrics, please refer to the Company’s ...