LPL Financial (LPLA) said Thursday that its total advisory and brokerage assets fell 0.4% to $1.79 trillion in April from March.
Total organic net new assets in April were $6.1 billion, translating to a 4.1% annualized growth rate, LPL said.
The company said its total client cash balances stood at $51.8 billion at the end of April, down $1.3 billion from March-end.
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