LPL Financial : May 2025 Monthly Metrics
LPLA
Published on 06/23/2025 at 16:48
For Immediate Release
LPL Financial Reports Monthly Activity for May 2025
SAN DIEGO - June 23, 2025 - LPL FinancialLLC ("LPL Financial"), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the "Company"), today released its monthly activity report for May 2025.
Total advisory and brokerage assets at the end of May were $1.85 trillion, an increase of $66.6 billion, or 3.7%, compared to the end of April 2025.
Total organic net new assets for May were $6.5 billion, translating to a 4.4% annualized growth rate. This included
$1.0 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 $7.5 billion, translating to a 5.0% annualized growth rate.
Total client cash balances at the end of May were $49.2 billion, a decrease of $2.6 billion compared to the end of April 2025. Net buying in May was $13.5 billion.
May
(End of period $ in billions, unless noted)
April
Change
May
Change
2025
2025
M/M
2024
Y/Y
Advisory and Brokerage Assets
Advisory assets
1,021.6
978.6
4.4%
809.4
26.2%
Brokerage assets
832.9
809.4
2.9%
657.0
26.8%
Total Advisory and Brokerage Assets
1,854.5
1,787.9
3.7%
1,466.4
26.5%
Organic Net New Assets
Organic net new advisory assets
8.3
6.9
n/m
9.9
n/m
Organic net new brokerage assets
(1.8)
(0.8)
n/m
1.3
n/m
Total Organic Net New Assets
6.5
6.1
n/m
11.2
n/m
Acquired Net New Assets
Acquired net new advisory assets
0.0
0.0
n/m
0.0
n/m
Acquired net new brokerage assets
0.0
0.0
n/m
0.0
n/m
Total Acquired Net New Assets
0.0
0.0
n/m
0.0
n/m
Total Net New Assets
Net new advisory assets
8.3
6.9
n/m
9.9
n/m
Net new brokerage assets
(1.8)
(0.8)
n/m
1.3
n/m
Total Net New Assets
6.5
6.1
n/m
11.2
n/m
Net brokerage to advisory conversions
2.2
1.7
n/m
1.2
n/m
Client Cash Balances
Insured cash account sweep
33.4
35.2
(5.1%)
31.8
5.0%
Deposit cash account sweep
10.6
10.7
(0.9%)
9.0
17.8%
Total Bank Sweep
44.0
45.9
(4.1%)
40.8
7.8%
Money market sweep
3.9
4.2
(7.1%)
2.3
69.6%
Total Client Cash Sweep Held by Third Parties
47.9
50.2
(4.6%)
43.1
11.1%
Client cash account
1.3
1.6
(18.8%)
1.3
-%
Total Client Cash Balances
49.2
51.8
(5.0%)
44.5
10.6%
Net buy (sell) activity
13.5
10.4
n/m
15.0
n/m
Market Drivers
S&P 500 Index (end of period)
5,912
5,569
6.2%
5,278
12.0%
Russell 2000 Index (end of period)
2,066
1,964
5.2%
2,070
(0.2%)
Fed Funds daily effective rate (average bps)
433
433
-%
533
(18.8%)
For additional information regarding these and other LPL Financial business metrics, please refer to the Company's most recent earnings announcement, which is available in the quarterly resultssection of investor.lpl.com.
Contacts
Investor Relations [email protected]
Media Relations [email protected]
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit https://www.lpl.com.
Throughout this communication, the terms "financial advisors" and "advisors" are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial or LPL Enterprise.
We routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of our website.
Disclaimer
LPL Financial Holdings Inc. published this content on June 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 23, 2025 at 20:47 UTC.