LPL Financial LLC Reports 3.7% Increase in Advisory and Brokerage Assets for May 2025

Reuters
06-24
LPL Financial LLC Reports 3.7% Increase in Advisory and Brokerage Assets for May 2025

LPL Financial LLC, a subsidiary of LPL Financial Holdings Inc., has reported significant growth in its monthly activity for May 2025. The firm observed an increase in total advisory and brokerage assets, which reached $1.85 trillion, marking a 3.7% rise from the previous month. The growth in assets was driven by $6.5 billion in total organic net new assets, translating to an annualized growth rate of 4.4%. Despite a $2.6 billion decrease in total client cash balances, net buying surged to $13.5 billion. This robust performance reflects the company's strategic efforts, including the planned separation from misaligned large OSJs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LPL Financial Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9482716-en) on June 23, 2025, and is solely responsible for the information contained therein.

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