LPL Financial Reports Monthly Activity for October 2021

SAN DIEGO, Nov. 18, 2021 (Globe NEWSWIRE) — LPL Monetary LLC, a wholly owned subsidiary of LPL Monetary Holdings Inc. (Nasdaq: LPLA) (the “Company”), currently produced its monthly exercise report for Oct 2021.

Full advisory and brokerage assets at the conclusion of Oct were being around $1.18 trillion, an increase of $forty eight billion, or four.2%, in contrast to the conclusion of September 2021.

Full internet new assets for Oct were being $7.2 billion, translating to a 7.six% annualized advancement amount. Full internet new advisory assets were being $six.six billion, translating to a thirteen.2% annualized advancement amount.

Full client hard cash balances at the conclusion of Oct were being $50.9 billion, an increase of $.2 billion in contrast to the conclusion of September 2021. Web obtaining in Oct was $five.eight billion.

(Conclude of Period of time $ in billions, until observed) Oct September Adjust Oct Adjust
2021 2021 M/M 2020 Y/Y
Advisory and Brokerage Belongings          
Advisory Belongings 623.three 594. four.9% 406. fifty three.five%
Brokerage Belongings 557.2 538.six three.five% 401.six 38.7%
Full Advisory and Brokerage Belongings 1,one hundred eighty.five 1,132.six four.2 % 807.six 46.2 %
Full Web New Belongings          
Web New Advisory Belongings six.six 9.six n/m five.7 n/m
Web New Brokerage Belongings .7 1.eight n/m .eight n/m
Full Web New Belongings 7.2 11.four n/m six.five n/m
Natural and organic Web New Belongings          
Web New Natural and organic Advisory Belongings six.six 9. n/m four.eight n/m
Web New Natural and organic Brokerage Belongings .7 .1 n/m .2 n/m
Full Natural and organic Web New Belongings 7.2 9.1 n/m five. n/m


Web Brokerage to Advisory Conversions 1.1 1.1 n/m .9 n/m
Shopper Cash Balances          
Insured Cash Account Balances 29.three 30.five (three.9%) 36. (18.six%)
Deposit Cash Account Balances eight.five eight.six (1.2%) eight.six (1.2%)
Full Financial institution Sweep Balances 37.eight 39. (three.1%) forty four.six (fifteen.2%)
Income Market Account Cash Balances 11.three 9.9 fourteen.1% 1.six n/m
Bought Income Market Funds 1.eight 1.eight .% 2.2 (18.2%)
Full Income Market Balances thirteen.1 11.7 12. % three.eight n/m
Full Shopper Cash Balances 50.9 50.7 .four % forty eight.three five.four%


Web Acquire (Sell) Exercise five.eight five.five n/m 2.five n/m
Market Indices          
S&P 500 (conclusion of interval) four,605 four,308 six.9% three,270 forty.eight%
Fed Funds Productive Charge (normal bps) eight eight .% 9 (11.1%)

For more info relating to these and other LPL Monetary small business metrics, please refer to the Company’s most the latest earnings announcement, which is obtainable in the quarterly outcomes part of

About LPL Monetary
LPL Monetary was launched on the principle that the business really should operate for the advisor, and not the other way all over. Nowadays, LPL is a chief* in the marketplaces we provide, supporting more than 19,000 monetary advisors, and around 800 institution-centered financial investment courses and 450 impartial RIA corporations nationwide. We are steadfast in our motivation to the advisor-centered product and the perception that People should have obtain to customized direction from a monetary advisor. At LPL, independence suggests that advisors have the flexibility they should have to pick out the small business product, solutions, and technology methods that allow for them to operate their fantastic practice. And they have the flexibility to deal with their client interactions, simply because they know their purchasers greatest. Simply just place, we just take treatment of our advisors, so they can just take treatment of their purchasers.

* Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report)
No. 1 Impartial Broker-Vendor in the U.S. (Primarily based on whole revenues, Monetary Organizing magazine 1996-2021)
No. 1 supplier of third-social gathering brokerage solutions to banking companies and credit rating unions (2020-2021 Kehrer Bielan Analysis & Consulting Once-a-year TPM Report)
Fortune 500 as of June 2021

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All through this interaction, the terms “financial advisors” and “advisors” are applied to refer to registered representatives and/or financial investment advisor representatives affiliated with LPL Monetary LLC. We routinely disclose info that might be critical to shareholders in the “Investor Relations” or “Press Releases” part of our web page.

Investor Relations – Chris Koegel, (617) 897-4574
Media Relations – Lauren Hoyt-Williams, (980) 321-1232 hold of-us