SAN DIEGO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the "Company") today released its monthly activity report for November 2025.
Total advisory and brokerage assets at the end of November were $2.36 trillion, an increase of $12.5 billion, or 0.5%, compared to the end of October 2025.
Total organic net new assets for November were $6.7 billion, translating to a 3.4% annualized growth rate. This included $0.1 billion of assets from First Horizon Bank that onboarded in November, and $0.3 billion of assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. Prior to these impacts, organic net new assets were $6.8 billion, translating to a 3.5% annualized growth rate.
Total client cash balances at the end of November were $54.6 billion, a decrease of $0.3 billion compared to the end of October 2025. In November, $1.6 billion of sweep money market funds were converted to purchased money market funds. Prior to this impact, client cash balances increased by $1.3 billion. Net buying in November was $12.9 billion.
(End of period $ in
billions, unless
noted) November October Change November Change
----------------------
2025 2025 M/M 2024 Y/Y
---------------------- ------- ------- --------- -------- ---------
Advisory and Brokerage
Assets
----------------------
Advisory assets 1,385.9 1,374.4 0.8% 973.8 42.3%
Brokerage assets 977.6 976.8 0.1% 785.6 24.4%
------- ------- ----- -------- -----
Total Advisory and
Brokerage Assets 2,363.6 2,351.1 0.5% 1,759.3 34.3%
------- ------- ----- -------- -----
Organic Net New Assets
----------------------
Organic net new
advisory assets 8.3 9.2 n/m 27.9 n/m
Organic net new
brokerage assets (1.7) (2.0) n/m 6.3 n/m
------- ------- --------- -------- ---------
Total Organic Net New
Assets 6.7 7.3 n/m 34.2 n/m
------- ------- --------- -------- ---------
Acquired Net New
Assets
----------------------
Acquired net new
advisory assets 0.0 0.0 n/m 0.5 n/m
Acquired net new
brokerage assets 0.0 0.0 n/m 0.3 n/m
------- ------- --------- -------- ---------
Total Acquired Net New
Assets 0.0 0.0 n/m 0.8 n/m
------- ------- --------- -------- ---------
Total Net New Assets
----------------------
Net new advisory
assets 8.3 9.2 n/m 28.4 n/m
Net new brokerage
assets (1.7) (2.0) n/m 6.6 n/m
------- ------- --------- -------- ---------
Total Net New Assets 6.7 7.3 n/m 35.0 n/m
------- ------- --------- -------- ---------
Net brokerage to
advisory conversions 1.8 2.3 n/m 1.7 n/m
Client Cash Balances
----------------------
Insured cash account
sweep 36.9 36.4 1.4% 34.8 6.0%
Deposit cash account
sweep 13.6 12.8 6.3% 9.9 37.4%
------- ------- ----- -------- -----
Total Bank Sweep 50.5 49.2 2.6% 44.7 13.0%
Money market sweep 2.4 4.1 (41.5%) 4.3 (44.2%)
------- ------- ----- -------- -----
Total Client Cash
Sweep Held by
Third Parties 53.0 53.2 (0.4%) 49.0 8.2%
------- ------- ----- -------- -----
Client cash account 1.6 1.6 --% 1.5 6.7%
------- ------- ----- -------- -----
Total Client Cash
Balances 54.6 54.9 (0.5%) 50.5 8.1%
Net buy (sell)
activity 12.9 14.3 n/m 12.4 n/m
Market Drivers
----------------------
S&P 500 Index (end of
period) 6,849 6,840 0.1% 6,032 13.5%
Russell 2000 Index
(end of period) 2,500 2,479 0.9% 2,435 2.7%
Fed Funds daily
effective rate
(average bps) 388 408 (4.9%) 465 (16.6%)
For additional information regarding these and other Company business metrics, please refer to the Company's most recent earnings announcement, which is available in the quarterly results section of investor.lpl.com.
Contacts
Investor Relations
investor.relations@lplfinancial.com
Media Relations
media.relations@lplfinancial.com
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
Securities and advisory services offered through LPL Financial LLC ("LPL Financial") and LPL Enterprise, LLC ("LPL Enterprise"), both registered investment advisers and broker-dealers. Members FINRA/SIPC.
Throughout this communication, the terms "financial advisors" and "advisors" are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial or LPL Enterprise.
We routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of our website.
(END) Dow Jones Newswires
December 16, 2025 16:05 ET (21:05 GMT)