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LPL Financial's Advisory, Brokerage Assets Rise in October
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LPL Financial's Advisory, Brokerage Assets Rise in October
Nov 21, 2024 6:55 PM

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.

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