04:23 PM EDT, 06/23/2025 (MT Newswires) -- LPL Financial ( LPLA ) said late Monday that its total advisory and brokerage assets rose 3.7% to $1.85 trillion in May from April.

Total organic net new assets in April were $6.5 billion, translating to a 4.4% annualized growth rate, LPL said.

The company said its total client cash balances stood at $49.2 billion at the end of May, down $2.6 billion from April-end.