LPL Financial Holdings Inc. reported its monthly activity for October 2025, noting total advisory and brokerage assets of $2.35 trillion at month-end, a 1.6% increase from September 2025. The company recorded total organic net new assets of $7.3 billion, representing a 3.8% annualized growth rate. This figure includes $0.7 billion of assets onboarded from First Horizon Bank and $0.5 billion of assets offboarded due to a previously announced separation from certain large OSJs. Prior to these impacts, organic net new assets were $7.0 billion, or a 3.7% annualized growth rate. Total client cash balances at the end of October were $54.9 billion, a decrease of $0.9 billion from the previous month. Net buying activity in October was $14.3 billion. The S&P 500 Index ended October at 6,840, up 2.3% from the prior month, while the Russell 2000 Index ended at 2,479, up 1.8%. The average Fed Funds daily effective rate was 408 basis points, a decrease of 3.3% from September.