04:55 PM EST, 11/21/2024 (MT Newswires) -- LPL Financial Holdings' ( LPLA ) unit LPL Financial LLC said Thursday that advisory and brokerage assets in October rose 5.1% to $1.673 trillion from September.
Net new assets for October were $96.6 billion, including $88 billion of acquired net new assets from the acquisition of Atria Wealth Solutions and $0.3 billion from Liquidity & Succession activity, the company said.
Client cash balances were $48.3 billion in October, up from $45.8 billion in September, the company said.