03/10/2022

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LPL Financial Reports Monthly Activity for November 2021

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SAN DIEGO, Dec. sixteen, 2021 (Globe NEWSWIRE) — LPL Economic LLC, a wholly owned subsidiary of LPL Economic Holdings Inc. (Nasdaq: LPLA) (the “Company”), right now unveiled its monthly exercise report for November 2021.

Total advisory and brokerage assets at the conclusion of November were being about $one.17 trillion, a lower of $ten billion, or .eight%, in comparison to the conclusion of Oct 2021.

Total net new assets for November were being $6.nine billion, translating to a seven.% annualized advancement level. Total net new advisory assets were being $seven.one billion, translating to a thirteen.seven% annualized advancement level.

Total consumer dollars balances at the conclusion of November were being $fifty one.nine billion, an maximize of $one. billion in comparison to the conclusion of Oct 2021. Internet shopping for in November was $5.5 billion.

(Finish of Period $ in billions, unless mentioned)
 
November Oct Modify November Modify
2021   2021 M/M 2020 Y/Y
Advisory and Brokerage Assets          
Advisory Assets 620.one   623.3 (.5 %) 442. forty.3 %
Brokerage Assets 550.seven   557.2 (one.2 %) 431.3 27.seven %
Total Advisory and Brokerage Assets one,170.eight   one,one hundred eighty.5 (.eight %) 873.3 34.one %

Total Internet New Assets

         
Internet New Advisory Assets seven.one   6.6 n/m 5.eight n/m
Internet New Brokerage Assets (.3 ) .seven n/m one.6 n/m
Total Internet New Assets 6.nine   seven.2 n/m seven.4 n/m

Organic and natural Internet New Assets

         
Internet New Organic and natural Advisory Assets seven.one   6.6 n/m 4.2 n/m
Internet New Organic and natural Brokerage Assets (.3 ) .seven n/m .seven n/m
Total Organic and natural Internet New Assets 6.nine   seven.2 n/m 4.nine n/m

 

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

Consumer Dollars Balances

           
Insured Dollars Account Balances 29.nine   29.3 2. % 36.one (17.2 %)
Deposit Dollars Account Balances eight.5   eight.5 . % eight.3 2.4 %
Total Financial institution Sweep Balances 38.4   37.eight one.6 % forty four.5 (thirteen.seven %)
Dollars Current market Account Dollars Balances 11.6   11.3 2.seven % one.5 n/m
Ordered Dollars Current market Resources one.nine   one.eight 5.6 % 2.one (nine.5 %)
Total Dollars Current market Balances thirteen.5   thirteen.one 3.one % 3.6 n/m
Total Consumer Dollars Balances fifty one.nine   50.nine 2. % 48.one seven.nine %

 

Internet Buy (Promote) Action 5.5 5.eight n/m 4.2 n/m
Current market Indices          
S&P 500 (conclusion of time period) 4,567 4,605 (.eight %) 3,622 26.one %
Fed Resources Powerful Fee (ordinary bps) eight eight . % nine (11.one %)

For additional facts regarding these and other LPL Economic small business metrics, remember to refer to the Company’s most recent earnings announcement, which is offered in the quarterly results section of trader.lpl.com.

About LPL Economic
LPL Economic was founded on the principle that the firm should really function for the advisor, and not the other way all around. Right now, LPL is a leader* in the marketplaces we serve, supporting far more than 19,000 money advisors, and about 800 institution-based expense applications and 450 independent RIA corporations nationwide. We are steadfast in our commitment to the advisor-centered model and the perception that People in america deserve accessibility to personalized direction from a money advisor. At LPL, independence indicates that advisors have the flexibility they deserve to select the small business model, solutions, and engineering means that let them to run their excellent exercise. And they have the flexibility to handle their consumer relationships, simply because they know their clientele best. Basically put, we acquire care of our advisors, so they can acquire care of their clientele.

* Top rated RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Unbiased Broker-Vendor in the U.S (Dependent on overall revenues, Economic Arranging journal 1996-2021) No. one supplier of 3rd-celebration brokerage solutions to financial institutions and credit unions (2020-2021 Kehrer Bielan Analysis & Consulting Once-a-year TPM Report) Fortune 500 as of June 2021

Securities and Advisory solutions made available via LPL Economic LLC, a SEC-registered broker-seller and expense advisor. Member FINRA/SIPC.

Through this conversation, the terms “financial advisors” and “advisors” are used to refer to registered reps and/or expense advisor reps affiliated with LPL Economic LLC. We routinely disclose facts that may perhaps be crucial to shareholders in the “Trader Relations” or “Push Releases” section of our web-site.

Trader Relations – Chris Koegel, (617) 897-4574
Media Relations – Lauren Hoyt-Williams, (980) 321-1232
trader.lpl.com/get hold of-us

 

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