StockNews.AI
LPLA
StockNews.AI
152 days

LPL Financial Reports Monthly Activity for February 2025

1. LPL's assets reached $1.82 trillion, a $11.3 billion increase. 2. Net new assets in February were $24.5 billion, with significant organic growth. 3. Organic net new assets showed a 15.8% annualized growth rate. 4. Client cash balances declined by $0.9 billion, totaling $51.3 billion. 5. Net buying in February registered at $14.3 billion.

6m saved
Insight
Article

FAQ

Why Bullish?

LPL's continuous asset growth and high net new assets indicate strong market positioning. Historical trends show such growth can lead to increased investor confidence and higher stock prices.

How important is it?

The data highlights LPL's solid financial growth, enhancing its attractiveness to investors. Increased assets typically correlate with potential revenue growth, important for stock valuation.

Why Short Term?

Recent performance metrics may boost stock interest quickly, but macro conditions can eventually affect longer-term prospects. Similar past reports have caused immediate price spikes before settling.

Related Companies

SCHWBLKMSGS
March 20, 2025 16:05 ET  | Source: LPL Financial Holdings, Inc. SAN DIEGO, March 20, 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 February 2025. Total advisory and brokerage assets at the end of February were $1.82 trillion, an increase of $11.3 billion, or 0.6%, compared to the end of January 2025. Total net new assets for February were $24.5 billion, which included $0.7 billion of acquired net new assets. Total organic net new assets for February were $23.8 billion, translating to a 15.8% annualized growth rate. This included $13.7 billion of assets from Prudential Advisors (“Prudential”) and $0.3 billion of assets from Wintrust Investments, LLC and certain private client business at Great Lakes Advisors, LLC (collectively, “Wintrust”) that onboarded in February, and $0.2 billion of assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. Prior to these impacts, organic net new assets were $10.0 billion, translating to a 6.6% annualized growth rate. Total client cash balances at the end of February were $51.3 billion, a decrease of $0.9 billion compared to the end of January 2025. Net buying in February was $14.3 billion. (End of period $ in billions, unless noted)FebruaryJanuaryChangeFebruaryChange20252025M/M2024Y/YAdvisory and Brokerage Assets     Advisory assets995.0992.40.3%768.429.5%Brokerage assets828.2819.41.1%634.930.4%Total Advisory and Brokerage Assets1,823.11,811.80.6%1,403.329.9%      Organic Net New Assets     Organic net new advisory assets9.613.4n/m6.4n/mOrganic net new brokerage assets14.120.5n/m0.4n/mTotal Organic Net New Assets23.834.0n/m6.8n/m      Acquired Net New Assets     Acquired net new advisory assets0.00.1n/m0.0n/mAcquired net new brokerage assets0.70.0n/m0.0n/mTotal Acquired Net New Assets0.70.1n/m0.0n/m      Total Net New Assets     Net new advisory assets9.613.5n/m6.4n/mNet new brokerage assets14.820.6n/m0.4n/mTotal Net New Assets24.534.1n/m6.8n/m      Net brokerage to advisory conversions1.92.1n/m1.3n/m      Client Cash Balances     Insured cash account sweep35.636.2(1.7%)33.27.2%Deposit cash account sweep10.210.02.0%9.013.3%Total Bank Sweep45.846.3(1.1%)42.28.5%Money market sweep4.04.1(2.4%)2.373.9%Total Client Cash Sweep Held by Third Parties49.850.4(1.2%)44.511.9%Client cash account(1)1.51.8(16.7%)1.5—%Total Client Cash Balances51.352.2(1.7%)46.011.5%      Net buy (sell) activity14.314.5n/m13.0n/m      Market Drivers     S&P 500 Index (end of period)5,9556,041(1.4%)5,09616.8%Russell 2000 Index (end of period)2,1632,288(5.5%)2,0555.3%Fed Funds daily effective rate (average bps)433433—%533(18.8%)       For additional information regarding these and other LPL Financial business metrics, please refer to the Company’s most recent earnings announcement, which is available in the quarterly results section of investor.lpl.com. Contacts Investor Relationsinvestor.relations@lplfinancial.com Media Relationsmedia.relations@lplfinancial.com About LPL Financial LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com. Securities and advisory services offered through LPL Financial LLC (“LPL Financial”) and LPL Enterprise, LLC (“LPL Enterprise”), both registered investment advisers and broker-dealers. Member FINRA/SIPC. Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial or LPL Enterprise. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

Related News