Press release
LPL Financial Reports Monthly Activity for November 2025
SAN DIEGO, Dec. 16, 2025 (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, Dec. 16, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”) today released its monthly activity report for November 2025. Total advisory and brokerage assets at the end of November were $2.36 trillion, an increase of $12.5 billion, or 0.5%, compared to the end of October 2025. Total organic net new assets for November were $6.7 billion, translating to a 3.4% annualized growth rate. This included $0.1 billion of assets from First Horizon Bank that onboarded in November, and $0.3 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 $6.8 billion, translating to a 3.5% annualized growth rate. Total client cash balances at the end of November were $54.6 billion, a decrease of $0.3 billion compared to the end of October 2025. In November, $1.6 billion of sweep money market funds were converted to purchased money market funds. Prior to this impact, client cash balances increased by $1.3 billion. Net buying in November was $12.9 billion. (End of period $ in billions, unless noted)NovemberOctoberChangeNovemberChange2025 2025 M/M2024Y/YAdvisory and Brokerage Assets Advisory assets1,385.9 1,374.4 0.8%973.842.3%Brokerage assets977.6 976.8 0.1%785.624.4%Total Advisory and Brokerage Assets2,363.6 2,351.1 0.5%1,759.334.3% Organic Net New Assets Organic net new advisory assets8.3 9.2 n/m27.9n/mOrganic net new brokerage assets(1.7)(2.0)n/m6.3n/mTotal Organic Net New Assets6.7 7.3 n/m34.2n/m Acquired Net New Assets Acquired net new advisory assets0.0 0.0 n/m0.5n/mAcquired net new brokerage assets0.0 0.0 n/m0.3n/mTotal Acquired Net New Assets0.0 0.0 n/m0.8n/m Total Net New Assets Net new advisory assets8.3 9.2 n/m28.4n/mNet new brokerage assets(1.7)(2.0)n/m6.6n/mTotal Net New Assets6.7 7.3 n/m35.0n/m Net brokerage to advisory conversions1.8 2.3 n/m1.7n/m Client Cash Balances Insured cash account sweep36.9 36.4 1.4%34.86.0%Deposit cash account sweep13.6 12.8 6.3%9.937.4%Total Bank Sweep50.5 49.2 2.6%44.713.0%Money market sweep2.4 4.1 (41.5%)4.3(44.2%)Total Client Cash Sweep Held by Third Parties53.0 53.2 (0.4%)49.08.2%Client cash account1.6 1.6 —%1.56.7%Total Client Cash Balances54.6 54.9 (0.5%)50.58.1%Net buy (sell) activity12.9 14.3 n/m12.4n/m Market Drivers S&P 500 Index (end of period)6...