LPL Financial Reports Monthly Activity for November 2021
SAN DIEGO, Dec. 16, 2021 (Globe NEWSWIRE) — LPL Economical LLC, a wholly owned subsidiary of LPL Economical Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly exercise report for November 2021.
Whole advisory and brokerage property at the finish of November ended up about $1.17 trillion, a lessen of $ten billion, or .eight%, when compared to the finish of October 2021.
Whole web new property for November ended up $6.9 billion, translating to a seven.% annualized development level. Whole web new advisory property ended up $seven.1 billion, translating to a thirteen.seven% annualized development level.
Whole client funds balances at the finish of November ended up $51.9 billion, an increase of $1. billion when compared to the finish of October 2021. Web buying in November was $5.5 billion.
| (Conclude of Period $ in billions, until noted) |
November | October | Change | November | Change | |||
| 2021 | 2021 | M/M | 2020 | Y/Y | ||||
| Advisory and Brokerage Belongings | ||||||||
| Advisory Belongings | 620.1 | 623.three | (.5 | %) | 442. | 40.three | % | |
| Brokerage Belongings | 550.seven | 557.2 | (1.2 | %) | 431.three | 27.seven | % | |
| Whole Advisory and Brokerage Belongings | 1,170.eight | 1,one hundred eighty.5 | (.eight | %) | 873.three | 34.1 | % | |
|
Whole Web New Belongings |
||||||||
| Web New Advisory Belongings | seven.1 | 6.6 | n/m | 5.eight | n/m | |||
| Web New Brokerage Belongings | (.three | ) | .seven | n/m | 1.6 | n/m | ||
| Whole Web New Belongings | 6.9 | seven.2 | n/m | seven.4 | n/m | |||
|
Organic and natural Web New Belongings |
||||||||
| Web New Organic and natural Advisory Belongings | seven.1 | 6.6 | n/m | 4.2 | n/m | |||
| Web New Organic and natural Brokerage Belongings | (.three | ) | .seven | n/m | .seven | n/m | ||
| Whole Organic and natural Web New Belongings | 6.9 | seven.2 | n/m | 4.9 | n/m | |||
| Web Brokerage to Advisory Conversions | 1.2 | 1.1 | n/m | .seven | n/m | |||
|
Consumer Funds Balances |
||||||||
| Insured Funds Account Balances | 29.9 | 29.three | 2. | % | 36.1 | (17.2 | %) | |
| Deposit Funds Account Balances | eight.5 | eight.5 | . | % | eight.three | 2.4 | % | |
| Whole Bank Sweep Balances | 38.4 | 37.eight | 1.6 | % | 44.5 | (thirteen.seven | %) | |
| Cash Market place Account Funds Balances | eleven.6 | eleven.three | 2.seven | % | 1.5 | n/m | ||
| Ordered Cash Market place Cash | 1.9 | 1.eight | 5.6 | % | 2.1 | (9.5 | %) | |
| Whole Cash Market place Balances | thirteen.5 | thirteen.1 | three.1 | % | three.6 | n/m | ||
| Whole Consumer Funds Balances | 51.9 | 50.9 | 2. | % | 48.1 | seven.9 | % | |
| Web Obtain (Market) Exercise | 5.5 | 5.eight | n/m | 4.2 | n/m | ||||||||||
| Market place Indices | |||||||||||||||
| S&P five hundred (finish of interval) | 4,567 | 4,605 | (.eight | %) | three,622 | 26.1 | % | ||||||||
| Fed Cash Powerful Rate (regular bps) | eight | eight | . | % | 9 | (eleven.1 | %) | ||||||||
For supplemental information concerning these and other LPL Economical small business metrics, be sure to refer to the Company’s most current earnings announcement, which is readily available in the quarterly effects part of trader.lpl.com.
About LPL Economical
LPL Economical was launched on the basic principle that the business ought to work for the advisor, and not the other way close to. These days, LPL is a chief* in the markets we serve, supporting more than 19,000 money advisors, and about 800 establishment-primarily based investment decision programs and 450 independent RIA corporations nationwide. We are steadfast in our dedication to the advisor-centered model and the belief that Us residents ought to have entry to personalized steering from a money advisor. At LPL, independence implies that advisors have the flexibility they ought to have to opt for the small business model, expert services, and technologies means that allow for them to operate their fantastic exercise. And they have the flexibility to deal with their client relationships, simply because they know their consumers very best. Merely set, we consider treatment of our advisors, so they can consider treatment of their consumers.
* Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Unbiased Broker-Dealer in the U.S (Dependent on whole revenues, Economical Setting up magazine 1996-2021) No. 1 service provider of third-social gathering brokerage expert services to banking companies and credit score unions (2020-2021 Kehrer Bielan Study & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021
Securities and Advisory expert services made available by LPL Economical LLC, a SEC-registered broker-seller and investment decision advisor. Member FINRA/SIPC.
All through this interaction, the terms “financial advisors” and “advisors” are utilised to refer to registered representatives and/or investment decision advisor representatives affiliated with LPL Economical LLC. We routinely disclose information that may perhaps be vital to shareholders in the “Investor Relations” or “Push Releases” part of our site.
| Investor Relations – Chris Koegel, (617) 897-4574 |
| Media Relations – Lauren Hoyt-Williams, (980) 321-1232 |
| trader.lpl.com/call-us |
