05:06 PM EDT, 09/19/2024 (MT Newswires) -- LPL Financial Holdings' ( LPLA ) LPL Financial ( LPLA ) unit said advisory and brokerage assets in August rose 2% to $1.56 trillion from July.

Net new assets fell to $6.8 billion in August from $9 billion in July, the company said Thursday in a statement.

Client cash balances dropped to $43.3 billion from $44 billion.