LPL Financial Reports Monthly Activity for February 2025

Core Insights - LPL Financial reported a total advisory and brokerage assets of $1.82 trillion at the end of February 2025, reflecting an increase of$11.3 billion or 0.6% from January 2025 [1] - The company achieved total net new assets of $24.5 billion in February, which included$0.7 billion of acquired net new assets [1] Advisory and Brokerage Assets - Advisory assets reached $995.0 billion, up 0.3$828.2 billion, increasing by 1.1% month-over-month and 30.4% year-over-year [4] - Total advisory and brokerage assets amounted to $1,823.1 billion, marking a 0.6$23.8 billion, representing a 15.8% annualized growth rate [2] - The organic net new advisory assets were $9.6 billion, while organic net new brokerage assets were$14.1 billion [4] - Total net new assets decreased from $34.1 billion in January to$24.5 billion in February [4] Client Cash Balances - Total client cash balances at the end of February were $51.3 billion, down$0.9 billion from January 2025 [3] - The net buying activity in February was 14.3 billion [3] Market Drivers - The S&P 500 Index closed at 5,955, a decrease of 1.4% from January 2025, but up 16.8% year-over-year [5] - The Russell 2000 Index fell by 5.5% month-over-month, closing at 2,163 [5] - The average Fed Funds daily effective rate remained at 433 basis points, down 18.8% from the previous year [5] Company Overview - LPL Financial Holdings Inc. is a leading wealth management firm in the U.S., supporting nearly 29,000 financial advisors and servicing approximately 1.7 trillion in brokerage and advisory assets [6]