From GlobeNewswire: 2025-03-20 16:05:00

LPL Financial released its monthly activity report for February 2025, showing a total of $1.82 trillion in advisory and brokerage assets, with a $24.5 billion increase in total net new assets. Organic net new assets grew by $23.8 billion, while client cash balances decreased to $51.3 billion at the end of February.

Total advisory and brokerage assets increased by 0.6% in February compared to January, reaching $1.82 trillion. Organic net new assets totaled $23.8 billion, with a 15.8% annualized growth rate. Total client cash balances decreased by $0.9 billion, and net buying activity amounted to $14.3 billion.

LPL Financial saw significant growth in organic net new assets, driven by $13.7 billion of assets from Prudential and $0.3 billion from Wintrust Investments, LLC. Total client cash balances decreased to $51.3 billion, with net buying activity of $14.3 billion reported in February. The firm continues to support nearly 29,000 financial advisors.

For more information on LPL Financial’s business metrics and earnings, refer to the most recent earnings announcement available on the investor.lpl.com website. LPL Financial Holdings Inc. (Nasdaq: LPLA) is a leading wealth management firm in the U.S., servicing approximately $1.7 trillion in brokerage and advisory assets on behalf of 6 million Americans. Securities and advisory services are offered through LPL Financial LLC and LPL Enterprise, LLC.

LPL Financial continues to grow its wealth management services, supporting financial advisors and institutions with a wide range of solutions and tools. The firm’s total client cash balances decreased to $51.3 billion in February, with net buying activity of $14.3 billion reported. LPL Financial maintains a strong position in the financial advisor-mediated marketplace.



Read more at GlobeNewswire:: LPL Financial Reports Monthly Activity for February 2025