LPL Financial : May 2025 Monthly Metrics Historical File

Published: 2025-06-23 16:48:05 ET LPLA

Published on 06/23/2025 at 16:48

‌LPL Financial Holdings Inc. - Historical Monthly Activity Through May 2025

As of May 31, 2025

(End of period $ in billions, unless noted)

May 2025

Apr 2025

Mar 2025

Feb 2025

Jan 2025

Dec 2024

Nov 2024

Oct 2024

Sep 2024

Aug 2024

Jul 2024

Jun 2024

May 2024

Advisory and Brokerage Assets(1)

Advisory assets

1,021.6

978.6

977.4

995.0

992.4

957.0

973.8

910.6

892.0

869.5

850.6

829.1

809.4

Brokerage assets

832.9

809.4

817.5

828.2

819.4

783.7

785.6

762.7

700.1

690.6

678.7

668.7

657.0

Total Advisory and Brokerage Assets

1,854.5

1,787.9

1,794.9

1,823.1

1,811.8

1,740.7

1,759.3

1,673.3

1,592.1

1,560.1

1,529.3

1,497.8

1,466.4

Organic Net New Assets(2)(3)

Organic net new advisory assets(4)

8.3

6.9

12.7

9.6

13.4

12.5

27.9

8.8

11.0

5.4

6.8

9.2

9.9

Organic net new brokerage assets

(1.8)

(0.8)

0.5

14.1

20.5

12.9

6.3

(0.5)

0.5

1.1

2.2

1.6

1.3

Total Organic Net New Assets

6.5

6.1

13.1

23.8

34.0

25.5

34.2

8.3

11.4

6.6

9.0

10.8

11.2

Acquired Net New Assets

Acquired net new advisory assets

0.0

1.8

0.0

0.1

0.0

0.5

21.3

0.2

0.0

Acquired net new brokerage assets

0.0

5.3

0.7

0.0

0.2

0.3

67.0

0.1

0.0

Total Acquired Net New Assets

0.0

7.1

0.7

0.1

0.3

0.8

88.3

0.3

0.0

Total Net New Assets(5)

Net new advisory assets

8.3

6.9

14.5

9.6

13.5

12.6

28.4

30.1

11.2

5.7

6.8

9.2

9.9

Net new brokerage assets

(1.8)

(0.8)

5.8

14.8

20.6

13.2

6.6

66.5

0.5

1.2

2.2

1.6

1.3

Total Net New Assets

6.5

6.1

20.2

24.5

34.1

25.8

35.0

96.6

11.7

6.8

9.0

10.8

11.2

Net brokerage to advisory conversions(6)

2.2

1.7

1.9

2.1

2.0

1.7

1.1

1.2

1.3

1.0

1.2

Client Cash Balances

Insured cash account sweep

33.4

35.2

36.1

35.6

36.2

38.3

34.8

34.7

32.1

30.4

31.1

31.0

31.8

Deposit cash account sweep

10.6

10.7

10.2

10.0

10.7

9.9

9.7

9.6

9.3

9.1

9.2

9.0

Total Bank Sweep

44.0

45.9

46.8

45.8

46.3

49.0

44.7

44.4

41.7

39.7

40.2

40.8

Money market sweep

3.9

4.2

4.3

4.0

4.1

4.3

2.6

2.3

2.2

2.3

Total Client Cash Sweep Held by Third Parties

47.9

50.2

51.1

49.8

50.4

53.3

49.0

47.0

44.0

41.9

42.5

43.1

Client cash account

1.3

1.6

1.9

1.5

1.8

1.5

1.3

1.8

1.4

1.5

1.3

Total Client Cash Balances

49.2

51.8

53.1

51.3

52.2

55.1

50.5

48.3

45.8

43.3

44.0

44.5

Net buy (sell) activity(7)

13.5

10.4

13.2

14.3

14.5

13.5

12.4

12.5

12.2

12.6

12.9

12.1

15.0

Market Drivers

S&P 500 Index (end of period)

5,912

5,569

5,612

5,955

6,041

5,882

6,032

5,705

5,762

5,648

5,522

5,460

5,278

Russell 2000 Index (end of period)

2,066

1,964

2,012

2,163

2,288

2,230

2,435

2,197

2,230

2,218

2,254

2,048

2,070

Fed Funds daily effective rate (average bps)

433

448

465

483

513

533

Consists of total advisory and brokerage assets under custody at the Company's primary broker-dealer subsidiary, LPL Financial LLC ("LPL Financial"), as well as assets under custody of a third-party custodian related to the Company's subsidiary Atria Wealth Solutions, Inc.'s seven introducing broker-dealer subsidiaries.

Total organic net new assets includes organic net new assets from institutions for the periods presented below:

Organic Net New Assets from Large Institutions

May 2025

Apr 2025

Mar 2025

Feb 2025

Jan 2025

Dec 2024

Nov 2024

Oct 2024

Sep 2024

Aug 2024

Jul 2024

Jun 2024

May 2024

Organic net new advisory assets

0.0

6.8

0.0

18.4

0.0

Organic net new brokerage assets

0.0

0.1

0.2

14.0

21.9

13.4

7.8

0.0

Total Organic Net New Assets from Large Institutions

0.0

0.1

0.2

14.0

28.8

13.4

26.3

0.0

Organic net new assets include assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. There were $0.6B, $3.8B, $1.9B, $1.0B, $0.6B and $0.4B of assets that off-boarded in July, August, September, October, November, and December 2024, respectively, as well as

$0.2B, $0.2B, $0.2B, $0.2B and $1.0B in January, February, March, April and May 2025, respectively.

Organic net new advisory assets include assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. There were $0.5B, $3.6B, $1.0B, $0.2B, $0.1B and $0.1B of assets that off-boarded in July, August, September, October, November and December 2024, respectively, as well as $0.1B, $0.1B, $0.1B, $0.1B and $0.8B in January, February, March, April and May 2025, respectively.

Consists of total client deposits into advisory or brokerage accounts less total client withdrawals from advisory or brokerage accounts, plus dividends, plus interest, minus advisory fees. The Company considers conversions from and to brokerage or advisory accounts as deposits and withdrawals, respectively.

Consists of existing custodied assets that converted from brokerage to advisory, less existing custodied assets that converted from advisory to brokerage.

Represents the amount of securities purchased less the amount of securities sold in client accounts custodied with LPL Financial. Note: Totals may not foot due to rounding.

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.