SAN DIEGO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (“LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for July 2025. Total advisory and brokerage assets at the end of July were $1.94 trillion, an increase of $20.2 billion, or 1.1%, compared to the end of June 2025. Total organic net new assets for July were $5.4 billion, translating to a 3.4% annualized growth rate. This included $1.8 billion of a ...

Company Overview - LPL Financial Holdings Inc. is one of the fastest growing wealth management firms in the U.S. [2] - The company supports over 29,000 financial advisors and approximately 1,200 financial institutions [2] - LPL Financial services and custody approximately $1.8 trillion in brokerage and advisory assets on behalf of around 7 million Americans [2] Upcoming Financial Results - The company will report its second quarter financial results after the market closes on July 31, 2025 [1] - A conference call to discuss the results will be held at 5 p.m. ET on the same day [1] - The conference call will be accessible for replay at investor.lpl.com/events [1]

Core Insights - LPL Financial reported a total advisory and brokerage assets of $1.85 trillion at the end of May 2025, reflecting an increase of $66.6 billion or 3.7% from April 2025 [1][4] - The company experienced total organic net new assets of $6.5 billion in May, which corresponds to a 4.4% annualized growth rate, despite a planned separation from misaligned large OSJs impacting the figures [2][4] - Client cash balances decreased to $49.2 billion, down by $2.6 billion or 5.0% compared to April 2025, with net buying activity recorded at $13.5 billion [3][4] Advisory and Brokerage Assets - Advisory assets reached $1,021.6 billion, up 4.4% from April 2025 and 26.2% year-over-year [4] - Brokerage assets totaled $832.9 billion, marking a 2.9% increase month-over-month and a 26.8% increase year-over-year [4] - Total advisory and brokerage assets increased by 3.7% month-over-month and 26.5% year-over-year [4] Organic and Acquired Net New Assets - Organic net new advisory assets were $8.3 billion, while organic net new brokerage assets were negative at $(1.8) billion [4] - Total organic net new assets for May were $6.5 billion, compared to $6.1 billion in April 2025 [4] - There were no acquired net new assets reported for both advisory and brokerage segments [4] Client Cash Balances - Total client cash balances decreased to $49.2 billion, a 5.0% decline from April 2025 [3][4] - Insured cash account sweep decreased by 5.1%, while deposit cash account sweep saw a slight decline of 0.9% [4] - The total bank sweep cash balance was $44.0 billion, down 4.1% month-over-month [4] Market Drivers - The S&P 500 Index increased by 6.2% to 5,912 at the end of May 2025, while the Russell 2000 Index rose by 5.2% to 2,066 [4]

Company Overview - LPL Financial Holdings Inc. is one of the fastest growing wealth management firms in the U.S. [2] - The company supports over 29,000 financial advisors and approximately 1,200 financial institutions [2] - LPL Financial services and custody approximately $1.8 trillion in brokerage and advisory assets for around 7 million Americans [2] Upcoming Events - Matt Audette, President and Chief Financial Officer of LPL Financial, will present at the William Blair Growth Stock Conference on June 4 at 11 a.m. ET [1] - A live audio webcast of the presentation will be available on the investor relations website, with a replay accessible afterward [1]