July 14, 2024


The business lovers

LPL Financial Reports Monthly Activity for November 2021

SAN DIEGO, Dec. 16, 2021 (Globe NEWSWIRE) — LPL Monetary LLC, a wholly owned subsidiary of LPL Monetary Holdings Inc. (Nasdaq: LPLA) (the “Company”), these days introduced its every month exercise report for November 2021.

Complete advisory and brokerage assets at the conclude of November had been about $1.17 trillion, a lessen of $10 billion, or .eight%, compared to the conclude of October 2021.

Complete web new assets for November had been $six.nine billion, translating to a 7.% annualized advancement price. Complete web new advisory assets had been $7.1 billion, translating to a 13.7% annualized advancement price.

Complete client funds balances at the conclude of November had been $51.nine billion, an increase of $1. billion compared to the conclude of October 2021. Internet obtaining in November was $5.5 billion.

(End of Time period $ in billions, until noted)
November October Modify November Modify
2021   2021 M/M 2020 Y/Y
Advisory and Brokerage Belongings          
Advisory Belongings 620.1   623.three (.5 %) 442. 40.three %
Brokerage Belongings 550.7   557.2 (1.2 %) 431.three 27.7 %
Complete Advisory and Brokerage Belongings 1,a hundred and seventy.eight   1,a hundred and eighty.5 (.eight %) 873.three 34.1 %

Complete Internet New Belongings

Internet New Advisory Belongings 7.1   six.six n/m 5.eight n/m
Internet New Brokerage Belongings (.three ) .7 n/m 1.six n/m
Complete Internet New Belongings six.nine   7.2 n/m 7.4 n/m

Natural and organic Internet New Belongings

Internet New Natural and organic Advisory Belongings 7.1   six.six n/m 4.2 n/m
Internet New Natural and organic Brokerage Belongings (.three ) .7 n/m .7 n/m
Complete Natural and organic Internet New Belongings six.nine   7.2 n/m 4.nine n/m


Internet Brokerage to Advisory Conversions 1.2   1.1 n/m .7 n/m

Client Income Balances

Insured Income Account Balances 29.nine   29.three 2. % 36.1 (17.2 %)
Deposit Income Account Balances eight.5   eight.5 . % eight.three 2.4 %
Complete Bank Sweep Balances 38.4   37.eight 1.six % 44.5 (13.7 %)
Income Sector Account Income Balances 11.six   11.three 2.7 % 1.5 n/m
Purchased Income Sector Cash 1.nine   1.eight 5.six % 2.1 (nine.5 %)
Complete Income Sector Balances 13.5   13.1 three.1 % three.six n/m
Complete Client Income Balances 51.nine   fifty.nine 2. % forty eight.1 7.nine %


Internet Obtain (Provide) Exercise 5.5 5.eight n/m 4.2 n/m
Sector Indices          
S&P five hundred (conclude of period) 4,567 4,605 (.eight %) three,622 26.1 %
Fed Cash Productive Charge (regular bps) eight eight . % nine (11.1 %)

For additional facts regarding these and other LPL Monetary small business metrics, you should refer to the Company’s most latest earnings announcement, which is readily available in the quarterly effects area of trader.lpl.com.

About LPL Monetary
LPL Monetary was launched on the theory that the company ought to function for the advisor, and not the other way all around. Nowadays, LPL is a leader* in the markets we provide, supporting more than 19,000 financial advisors, and about 800 institution-primarily based financial commitment plans and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the perception that Americans deserve accessibility to personalised advice from a financial advisor. At LPL, independence suggests that advisors have the independence they deserve to choose the small business model, products and services, and technologies means that let them to run their fantastic observe. And they have the independence to manage their client associations, mainly because they know their consumers finest. Simply just set, we get care of our advisors, so they can get care of their consumers.

* Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. 1 Independent Broker-Dealer in the U.S (Based mostly on total revenues, Monetary Setting up magazine 1996-2021) No. 1 company of third-celebration brokerage products and services to banks and credit rating unions (2020-2021 Kehrer Bielan Analysis & Consulting Annual TPM Report) Fortune five hundred as of June 2021

Securities and Advisory products and services presented by way of LPL Monetary LLC, a SEC-registered broker-supplier and financial commitment advisor. Member FINRA/SIPC.

All over this interaction, the terms “financial advisors” and “advisors” are made use of to refer to registered representatives and/or financial commitment advisor representatives affiliated with LPL Monetary LLC. We routinely disclose facts that may possibly be important to shareholders in the “Investor Relations” or “Press Releases” area of our internet site.

Investor Relations – Chris Koegel, (617) 897-4574
Media Relations – Lauren Hoyt-Williams, (980) 321-1232
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