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LPL Financial Reports Monthly Activity for October 2021

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SAN DIEGO, Nov. 18, 2021 (Globe NEWSWIRE) — LPL Fiscal LLC, a wholly owned subsidiary of LPL Fiscal Holdings Inc. (Nasdaq: LPLA) (the “Company”), nowadays produced its every month action report for Oct 2021.

Full advisory and brokerage assets at the end of Oct were roughly $1.18 trillion, an boost of $48 billion, or 4.two%, in comparison to the end of September 2021.

Full web new assets for Oct were $seven.two billion, translating to a seven.six% annualized progress rate. Full web new advisory assets were $six.six billion, translating to a thirteen.two% annualized progress rate.

Full shopper funds balances at the end of Oct were $50.nine billion, an boost of $.two billion in comparison to the end of September 2021. Net acquiring in Oct was $5.8 billion.

(Conclude of Time period $ in billions, except pointed out) Oct September Modify Oct Modify
2021 2021 M/M 2020 Y/Y
Advisory and Brokerage Property          
Advisory Property 623.three 594. 4.nine% 406. 53.5%
Brokerage Property 557.two 538.six three.5% 401.six 38.seven%
Full Advisory and Brokerage Property 1,a hundred and eighty.5 1,132.six 4.two % 807.six 46.two %
Full Net New Property          
Net New Advisory Property six.six nine.six n/m 5.seven n/m
Net New Brokerage Property .seven 1.8 n/m .8 n/m
Full Net New Property seven.two eleven.4 n/m six.5 n/m
Organic Net New Property          
Net New Organic Advisory Property six.six nine. n/m 4.8 n/m
Net New Organic Brokerage Property .seven .1 n/m .two n/m
Full Organic Net New Property seven.two nine.1 n/m 5. n/m


Net Brokerage to Advisory Conversions 1.1 1.1 n/m .nine n/m
Shopper Cash Balances          
Insured Cash Account Balances 29.three 30.5 (three.nine%) 36. (18.six%)
Deposit Cash Account Balances 8.5 8.six (1.two%) 8.six (1.two%)
Full Bank Sweep Balances 37.8 39. (three.1%) forty four.six (15.two%)
Dollars Market place Account Cash Balances eleven.three nine.nine 14.1% 1.six n/m
Obtained Dollars Market place Cash 1.8 1.8 .% two.two (18.two%)
Full Dollars Market place Balances thirteen.1 eleven.seven 12. % three.8 n/m
Full Shopper Cash Balances 50.nine 50.seven .4 % 48.three 5.4%


Net Purchase (Sell) Exercise 5.8 5.5 n/m two.5 n/m
Market place Indices          
S&P 500 (end of time period) 4,605 4,308 six.nine% three,270 40.8%
Fed Cash Productive Charge (normal bps) 8 8 .% nine (eleven.1%)

For supplemental details relating to these and other LPL Fiscal small business metrics, you should refer to the Company’s most recent earnings announcement, which is available in the quarterly effects segment of trader.lpl.com.

About LPL Fiscal
LPL Fiscal was established on the basic principle that the agency need to work for the advisor, and not the other way about. Today, LPL is a chief* in the marketplaces we provide, supporting far more than 19,000 monetary advisors, and roughly 800 establishment-centered financial commitment courses and 450 independent RIA companies nationwide. We are steadfast in our dedication to the advisor-centered model and the belief that People are entitled to accessibility to personalised steerage from a monetary advisor. At LPL, independence means that advisors have the flexibility they are entitled to to select the small business model, companies, and know-how methods that allow them to run their excellent exercise. And they have the flexibility to deal with their shopper associations, since they know their consumers greatest. Merely put, we get treatment of our advisors, so they can get treatment of their consumers.

* Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report)
No. 1 Impartial Broker-Seller in the U.S. (Centered on complete revenues, Fiscal Planning magazine 1996-2021)
No. 1 service provider of 3rd-bash brokerage companies to financial institutions and credit history unions (2020-2021 Kehrer Bielan Analysis & Consulting Once-a-year TPM Report)
Fortune 500 as of June 2021

Securities and Advisory companies available by means of LPL Fiscal LLC, a registered financial commitment advisor. Member FINRA/SIPC.

During this communication, the terms “financial advisors” and “advisors” are utilised to refer to registered associates and/or financial commitment advisor associates affiliated with LPL Fiscal LLC. We routinely disclose details that might be vital to shareholders in the “Investor Relations” or “Push Releases” segment of our web site.

Investor 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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