SAN DIEGO, Dec. 16, 2021 (Globe NEWSWIRE) — LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today launched its monthly action report for November 2021.

Whole advisory and brokerage assets at the conclude of November were being somewhere around $one.seventeen trillion, a lower of $10 billion, or .8%, compared to the conclude of October 2021.

Whole web new assets for November were being $six.nine billion, translating to a seven.% annualized advancement amount. Whole web new advisory assets were being $seven.one billion, translating to a 13.seven% annualized advancement amount.

Whole shopper dollars balances at the conclude of November were being $fifty one.nine billion, an raise of $one. billion compared to the conclude of October 2021. Web getting in November was $5.5 billion.

(Close of Period of time $ in billions, unless noted)
 
November October Transform November Transform
2021   2021 M/M 2020 Y/Y
Advisory and Brokerage Property          
Advisory Property 620.one   623.3 (.5 %) 442. 40.3 %
Brokerage Property 550.seven   557.2 (one.2 %) 431.3 27.seven %
Whole Advisory and Brokerage Property one,one hundred seventy.8   one,a hundred and eighty.5 (.8 %) 873.3 34.one %

Whole Web New Property

         
Web New Advisory Property seven.one   six.six n/m 5.8 n/m
Web New Brokerage Property (.3 ) .seven n/m one.six n/m
Whole Web New Property six.nine   seven.2 n/m seven.four n/m

Organic Web New Property

         
Web New Organic Advisory Property seven.one   six.six n/m four.2 n/m
Web New Organic Brokerage Property (.3 ) .seven n/m .seven n/m
Whole Organic Web New Property six.nine   seven.2 n/m four.nine n/m

 

Web Brokerage to Advisory Conversions one.2   one.one n/m .seven n/m

Shopper Funds Balances

           
Insured Funds Account Balances 29.nine   29.3 2. % 36.one (seventeen.2 %)
Deposit Funds Account Balances 8.5   8.5 . % 8.3 2.four %
Whole Bank Sweep Balances 38.four   37.8 one.six % forty four.5 (13.seven %)
Income Market Account Funds Balances eleven.six   eleven.3 2.seven % one.5 n/m
Acquired Income Market Resources one.nine   one.8 5.six % 2.one (nine.5 %)
Whole Income Market Balances 13.5   13.one 3.one % 3.six n/m
Whole Shopper Funds Balances fifty one.nine   50.nine 2. % forty eight.one seven.nine %

 

Web Obtain (Market) Action 5.5 5.8 n/m four.2 n/m
Market Indices          
S&P five hundred (conclude of time period) four,567 four,605 (.8 %) 3,622 26.one %
Fed Resources Productive Rate (normal bps) 8 8 . % nine (eleven.one %)

For additional information about these and other LPL Financial business metrics, you should refer to the Company’s most recent earnings announcement, which is accessible in the quarterly final results section of investor.lpl.com.

About LPL Financial
LPL Financial was launched on the basic principle that the agency must perform for the advisor, and not the other way all around. Right now, LPL is a chief* in the markets we provide, supporting more than 19,000 financial advisors, and somewhere around 800 institution-centered expenditure packages and 450 impartial RIA firms nationwide. We are steadfast in our dedication to the advisor-centered product and the perception that Individuals are entitled to entry to customized advice from a financial advisor. At LPL, independence signifies that advisors have the freedom they are entitled to to choose the business product, providers, and technological know-how means that make it possible for them to operate their excellent apply. And they have the freedom to take care of their shopper interactions, simply because they know their clientele greatest. Simply just set, we just take treatment of our advisors, so they can just take treatment of their clientele.

* Top rated RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Independent Broker-Vendor in the U.S (Primarily based on complete revenues, Financial Planning magazine 1996-2021) No. one supplier of 3rd-party brokerage providers to financial institutions and credit rating unions (2020-2021 Kehrer Bielan Exploration & Consulting Yearly TPM Report) Fortune five hundred as of June 2021

Securities and Advisory providers supplied via LPL Financial LLC, a SEC-registered broker-dealer and expenditure advisor. Member FINRA/SIPC.

Throughout this conversation, the terms “financial advisors” and “advisors” are utilised to refer to registered associates and/or expenditure advisor associates affiliated with LPL Financial LLC. We routinely disclose information that may possibly be critical to shareholders in the “Trader Relations” or “Press Releases” section of our website.

Trader Relations – Chris Koegel, (617) 897-4574
Media Relations – Lauren Hoyt-Williams, (980) 321-1232
investor.lpl.com/make contact with-us