LPL Financial Reports Monthly Activity for October 2021

SAN DIEGO, Nov. eighteen, 2021 (World NEWSWIRE) — LPL Economical LLC, a wholly owned subsidiary of LPL Economical Holdings Inc. (Nasdaq: LPLA) (the “Company”), currently released its month-to-month activity report for October 2021.

Full advisory and brokerage assets at the conclusion of October were close to $1.eighteen trillion, an enhance of $48 billion, or four.two%, in contrast to the conclusion of September 2021.

Full web new assets for October were $7.two billion, translating to a 7.6% annualized advancement fee. Full web new advisory assets were $6.6 billion, translating to a 13.two% annualized advancement fee.

Full shopper income balances at the conclusion of October were $fifty.9 billion, an enhance of $.two billion in contrast to the conclusion of September 2021. Web acquiring in October was $5.eight billion.

(Finish of Interval $ in billions, unless famous) October September Adjust October Adjust
2021 2021 M/M 2020 Y/Y
Advisory and Brokerage Property          
Advisory Property 623.three 594. four.9% 406. 53.5%
Brokerage Property 557.two 538.6 three.5% 401.6 38.7%
Full Advisory and Brokerage Property 1,180.5 1,132.6 four.two % 807.6 46.two %
Full Web New Property          
Web New Advisory Property 6.6 9.6 n/m 5.7 n/m
Web New Brokerage Property .7 1.eight n/m .eight n/m
Full Web New Property 7.two eleven.four n/m 6.5 n/m
Organic and natural Web New Property          
Web New Organic and natural Advisory Property 6.6 9. n/m four.eight n/m
Web New Organic and natural Brokerage Property .7 .1 n/m .two n/m
Full Organic and natural Web New Property 7.two 9.1 n/m 5. n/m


Web Brokerage to Advisory Conversions 1.1 1.1 n/m .9 n/m
Shopper Hard cash Balances          
Insured Hard cash Account Balances 29.three 30.5 (three.9%) 36. (eighteen.6%)
Deposit Hard cash Account Balances eight.5 eight.6 (1.two%) eight.6 (1.two%)
Full Lender Sweep Balances 37.eight 39. (three.1%) 44.6 (fifteen.two%)
Income Current market Account Hard cash Balances eleven.three 9.9 14.1% 1.6 n/m
Ordered Income Current market Funds 1.eight 1.eight .% two.two (eighteen.two%)
Full Income Current market Balances 13.1 eleven.7 twelve. % three.eight n/m
Full Shopper Hard cash Balances fifty.9 fifty.7 .four % 48.three 5.four%


Web Obtain (Offer) Exercise 5.eight 5.5 n/m two.5 n/m
Current market Indices          
S&P 500 (conclusion of time period) four,605 four,308 6.9% three,270 forty.eight%
Fed Funds Efficient Rate (normal bps) eight eight .% 9 (eleven.1%)

For further details regarding these and other LPL Economical organization metrics, please refer to the Company’s most the latest earnings announcement, which is readily available in the quarterly outcomes part of

About LPL Economical
LPL Economical was founded on the basic principle that the business ought to get the job done for the advisor, and not the other way all-around. Currently, LPL is a leader* in the markets we serve, supporting a lot more than 19,000 money advisors, and close to 800 establishment-centered expenditure plans and 450 unbiased RIA firms nationwide. We are steadfast in our motivation to the advisor-centered model and the perception that Us citizens should have access to individualized assistance from a money advisor. At LPL, independence signifies that advisors have the freedom they should have to select the organization model, services, and technology assets that permit them to run their excellent exercise. And they have the freedom to take care of their shopper relationships, due to the fact they know their clientele finest. Just put, we get treatment of our advisors, so they can get treatment of their clientele.

* Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report)
No. 1 Unbiased Broker-Supplier in the U.S. (Based on overall revenues, Economical Arranging journal 1996-2021)
No. 1 company of 3rd-get together brokerage services to banking companies and credit history unions (2020-2021 Kehrer Bielan Research & Consulting Once-a-year TPM Report)
Fortune 500 as of June 2021

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Throughout this interaction, the terms “financial advisors” and “advisors” are used to refer to registered reps and/or expenditure advisor reps affiliated with LPL Economical LLC. We routinely disclose details that may well be critical to shareholders in the “Investor Relations” or “Press Releases” part of our web-site.

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