{"id":795579,"date":"2024-12-17T16:09:34","date_gmt":"2024-12-17T21:09:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/"},"modified":"2024-12-17T16:09:34","modified_gmt":"2024-12-17T21:09:34","slug":"lpl-financial-reports-monthly-activity-for-november-2024","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/","title":{"rendered":"LPL Financial Reports Monthly Activity for November 2024"},"content":{"rendered":"<div class=\"mw_release\">\n<p>SAN DIEGO, Dec.  17, 2024  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rA2NxrTV5YsFKnVN1bIb3liM01ldJFrfz8Rn3q_kjTQVA5y7kmat6_pQ1_ZRzMzpwIFcg2F6CJCWzMs9WmPJZw==\" rel=\"nofollow\" target=\"_blank\"><u>LPL Financial<\/u><\/a> LLC (\u201cLPL Financial\u201d), a wholly owned subsidiary of LPL Financial Holdings Inc. (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hKIOktidXdkmM8xQWhHWh8AtOHKlESwZgWZ6eTO_GiZTFQJj01gJ5n3vgrY964hqDv2vTfSnw6iLI3_9DsHqGDd9v38IGupNtz0dloPNe74=\" rel=\"nofollow\" target=\"_blank\"><u>Nasdaq: LPLA<\/u><\/a>) (the \u201cCompany\u201d), today released its monthly activity report for November 2024.<\/p>\n<p>Total advisory and brokerage assets at the end of November were $1.76\u00a0trillion, an increase of $86.0 billion, or 5.1%, compared to the end of October 2024.<\/p>\n<p>Total net new assets for November were $35.0\u00a0billion, which included $0.8 billion of acquired net new assets resulting from Liquidity &amp; Succession activity.<\/p>\n<p>Total organic net new assets for November were $34.2\u00a0billion, translating to a 25.9% annualized growth rate. This included $26.3 billion of assets from Prudential Advisors (\u201cPrudential\u201d) that onboarded in November, and $0.6\u00a0billion of assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. Prior to these impacts, organic net new assets were $8.6\u00a0billion, translating to a 6.5% annualized growth rate.<\/p>\n<p>Total organic net new advisory assets were $27.9\u00a0billion, translating to a 37.6% annualized growth rate. Excluding the assets onboarded from Prudential and the off-boarded assets from misaligned large OSJs, total organic net new advisory assets were $9.6\u00a0billion, translating to a 12.9% annualized growth rate.<\/p>\n<p>Total client cash balances at the end of November were $50.5\u00a0billion, an increase of $2.2\u00a0billion compared to the end of October 2024. This included $1.9 billion resulting from the onboarding of Prudential. Net buying in November was $12.4\u00a0billion.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td rowspan=\"2\" style=\"max-width:50%;width:50%;min-width:50%;vertical-align: middle\">\n            <strong>(End of period $ in billions, unless noted)<\/strong><\/p>\n<\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>November<\/strong>\n          <\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>October<\/strong>\n          <\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>Change<\/strong>\n          <\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>November<\/strong>\n          <\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>Change<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>2024<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>2024<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>M\/M<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>2023<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>Y\/Y<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Advisory and Brokerage Assets<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:47%;min-width:47%;vertical-align: middle\">Advisory assets<\/td>\n<td style=\"max-width:10%;min-width:10%;text-align: right;vertical-align: middle;vertical-align: bottom\">973.8<\/td>\n<td style=\"max-width:10%;min-width:10%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">910.6<\/td>\n<td style=\"max-width:10%;min-width:10%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a06.9%<\/td>\n<td style=\"max-width:10%;min-width:10%;text-align: right;vertical-align: middle;vertical-align: bottom\">702.3<\/td>\n<td style=\"max-width:10%;min-width:10%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a038.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Brokerage assets<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">785.6<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">762.7<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.0%<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">598.2<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a031.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Total Advisory and Brokerage Assets<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>1,759.3<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>1,673.3<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>5.1<\/strong><strong>%<\/strong><\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>1,300.4<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>35.3<\/strong><strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Organic Net New Assets<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Organic net new advisory assets<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">27.9<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">8.8<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">6.7<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Organic net new brokerage assets<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">6.3<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.5)<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">1.7<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Total Organic Net New Assets<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>34.2<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>8.3<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>n\/m<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>8.4<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>n\/m<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Acquired Net New Assets<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Acquired net new advisory assets<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">0.5<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">21.3<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">0.0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Acquired net new brokerage assets<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">0.3<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">67.0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">0.0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Total Acquired Net New Assets<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.8<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>88.3<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>n\/m<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.0<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>n\/m<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Total Net New Assets<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Net new advisory assets<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">28.4<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">30.1<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">6.7<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Net new brokerage assets<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">6.6<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">66.5<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">1.7<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Total Net New Assets<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>35.0<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>96.6<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>n\/m<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>8.4<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>n\/m<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Net brokerage to advisory conversions<\/p>\n<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">1.7<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">1.1<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">n\/m<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">0.9<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Client Cash Balances<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Insured cash account sweep<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">34.8<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">34.7<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00.3%<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">33.8<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Deposit cash account sweep<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">9.9<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">9.7<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a02.1%<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">8.9<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a011.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">\n            <strong>Total Bank Sweep<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>44.7<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>44.4<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>0.7<\/strong><strong>%<\/strong><\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>42.7<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>4.7<\/strong><strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Money market sweep<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">4.3<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">2.6<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a065.4%<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">2.4<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a079.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">\n            <strong>Total Client Cash Sweep Held by Third Parties<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>49.0<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>47.0<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>4.3<\/strong><strong>%<\/strong><\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>45.2<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>8.4<\/strong><strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Client cash account<sup>(1)<\/sup><\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">1.5<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">1.3<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a015.4%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">1.5<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2014%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Total Client Cash Balances<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>50.5<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>48.3<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>4.6<\/strong><strong>%<\/strong><\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>46.6<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong>8.4<\/strong><strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Net buy (sell) activity<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">12.4<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">12.5<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">11.3<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">n\/m<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Market Drivers<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">S&amp;P 500 Index (end of period)<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">6,032<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">5,705<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05.7%<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">4,568<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a032.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Russell 2000 Index (end of period)<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">2,435<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">2,197<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a010.8%<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">1,809<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a034.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Fed Funds daily effective rate (average bps)<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">465<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">483<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(3.7%)<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">533<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(12.8%)<\/td>\n<\/tr>\n<\/table>\n<p>\n        <em>Note: Totals may not foot due to rounding.<br \/><\/em>(1) During the first quarter of 2024, the Company updated its definition of client cash account balances to exclude other client payables. Prior period disclosures have been updated to reflect this change as applicable.<\/p>\n<p>For additional information regarding these and other LPL Financial business metrics, please refer to the Company\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uTVu1VRbX12h9QMsU2A-zeOJG92v0U1tqQ4Ncp8Uqa2kvG0Pypd_2CbO23mwFiQHNlSBuP6kPmcEvPGMroxeewkmKIYcUUZolGLH4-CBaTHyDQaargQNFH-k9GvWJXFipwUq2LCItZxooaQr39gKCeuC731fGVdMrHYvoTVbMxo=\" rel=\"nofollow\" target=\"_blank\"><u>most recent earnings announcement<\/u><\/a>, which is available in the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xwmrcrl4SmX879cA-U8AYu6TJ0BWAFrSLe5Y7Wc4k3DJRccc195c8X1AvIU_e-9M8Y27cccyNLtrlVryiWEeVCfMx1MyluYKSTjpSK804RfHC3eUGcsnq9tt3m2Yg9T5nx73cfwuf-f1doPTrYSWNg==\" rel=\"nofollow\" target=\"_blank\"><u>quarterly results<\/u><\/a> section of <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4LdZ9xS51t5kFK7LyFQGXZQHvs7HZQbbeF4NVB43933KyI28bRHXBm81KhRpom5v4KDcIGLcm9EXcJ9yEEzwOBqLBv2jcAHOccTrNgeA1Uh8L2td8i1cvVAjImQyfl59\" rel=\"nofollow\" target=\"_blank\"><u>investor.lpl.com<\/u><\/a>.<\/p>\n<p>\n        <strong><br \/>\n          <u>Contacts<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>Investor Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4LdZ9xS51t5kFK7LyFQGXWaIPs6GOe9VIBfMDM-ZPTc86_lI5qEgcxJSzJfKF5PIgUDXBaTFgr7Lx5p0OmhKOwHPibZVfxzfwoHzAKgx1XuFp75DBBcqIk_mtx-r-ZDiO12M0iUukK0reUzzYrcSmQ==\" rel=\"nofollow\" target=\"_blank\"><u>investor.relations@lplfinancial.com<\/u><\/a><\/p>\n<p>Media Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sp3FeIqpS-9cKfBpM0iGTLxUOQvlHUgu5UizqQFYpihVhW9yVrODnPkrB54tK7FM9efQIbvR4GnvHL8Zm2tghsoefSBkxAEj6gxDiL6PnoQxDIqcJ2yzRnpVGtxSzK3_\" rel=\"nofollow\" target=\"_blank\"><u>media.relations@lplfinancial.com<\/u><\/a><\/p>\n<p>\n        <strong><br \/>\n          <u>About LPL Financial<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 28,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TjTFq93jslZbEEfcumy_bQnXfAAFRHJaiJpFnqWz33rkAv_tdRIzVfAIlJhfZUtiVqjJd5L6vw3I2khtcdxZvw==\" rel=\"nofollow\" target=\"_blank\"><u>www.lpl.com<\/u><\/a>.<\/p>\n<p>\n        <strong>Securities and Advisory services offered through LPL Financial LLC (\u201cLPL Financial\u201d), a registered investment advisor.<\/strong><br \/>\n        <strong>Member FINRA\/SIPC.<\/strong>\n      <\/p>\n<p>LPL Financial and its affiliated companies provide financial services only from the United States.<\/p>\n<p>Throughout this communication, the terms \u201cfinancial advisors\u201d and \u201cadvisors\u201d are used to refer to registered representatives and\/or investment advisor representatives affiliated with LPL Financial.<\/p>\n<p>We routinely disclose information that may be important to shareholders in the \u201c<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kG_nS2hOmiu_tRkYuXDXFTrhxZqAO6jc6YsFB3Psq26M8qcK8C2bizkEbpJ5_MrtvAcTM8SnKqTZszczV-V8icaua-snb5fWB7XCmqNYcVE=\" rel=\"nofollow\" target=\"_blank\"><u>Investor Relations<\/u><\/a>\u201d or \u201c<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pLh5QKblo_ixu5w3z1G3GQxV8oeV7KVZxA13P4TZu_2ciYgZCaQpWIDgF0PgNRYfruhkhlvU1Yi-B-DT2QF1Wrg0Jg4-9XKsxklsSdMRXaooI93oVWXY_EaQ-V44MOUq\" rel=\"nofollow\" target=\"_blank\"><u>Press Releases<\/u><\/a>\u201d section of our website.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyMDU4NSM2NjQxMjAyIzIwMTkxNDA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NjMwYmQxNWUtZTk2My00MjFlLWIzZDUtZWUxOTk3ZjVmOWU4LTEwMzA3MTM=\/tiny\/LPL-Financial-Holdings-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) &#8212; LPL Financial LLC (\u201cLPL Financial\u201d), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the \u201cCompany\u201d), today released its monthly activity report for November 2024. Total advisory and brokerage assets at the end of November were $1.76\u00a0trillion, an increase of $86.0 billion, or 5.1%, compared to the end of October 2024. Total net new assets for November were $35.0\u00a0billion, which included $0.8 billion of acquired net new assets resulting from Liquidity &amp; Succession activity. Total organic net new assets for November were $34.2\u00a0billion, translating to a 25.9% annualized growth rate. This included $26.3 billion of assets from Prudential Advisors (\u201cPrudential\u201d) that onboarded in November, and $0.6\u00a0billion of assets that off-boarded &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LPL Financial Reports Monthly Activity for November 2024&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-795579","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LPL Financial Reports Monthly Activity for November 2024 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPL Financial Reports Monthly Activity for November 2024 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) &#8212; LPL Financial LLC (\u201cLPL Financial\u201d), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the \u201cCompany\u201d), today released its monthly activity report for November 2024. Total advisory and brokerage assets at the end of November were $1.76\u00a0trillion, an increase of $86.0 billion, or 5.1%, compared to the end of October 2024. Total net new assets for November were $35.0\u00a0billion, which included $0.8 billion of acquired net new assets resulting from Liquidity &amp; Succession activity. Total organic net new assets for November were $34.2\u00a0billion, translating to a 25.9% annualized growth rate. This included $26.3 billion of assets from Prudential Advisors (\u201cPrudential\u201d) that onboarded in November, and $0.6\u00a0billion of assets that off-boarded &hellip; Continue reading &quot;LPL Financial Reports Monthly Activity for November 2024&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-17T21:09:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyMDU4NSM2NjQxMjAyIzIwMTkxNDA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpl-financial-reports-monthly-activity-for-november-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpl-financial-reports-monthly-activity-for-november-2024\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"LPL Financial Reports Monthly Activity for November 2024\",\"datePublished\":\"2024-12-17T21:09:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpl-financial-reports-monthly-activity-for-november-2024\\\/\"},\"wordCount\":688,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpl-financial-reports-monthly-activity-for-november-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyMDU4NSM2NjQxMjAyIzIwMTkxNDA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpl-financial-reports-monthly-activity-for-november-2024\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpl-financial-reports-monthly-activity-for-november-2024\\\/\",\"name\":\"LPL Financial Reports Monthly Activity for November 2024 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/","og_locale":"en_US","og_type":"article","og_title":"LPL Financial Reports Monthly Activity for November 2024 - Market Newsdesk","og_description":"SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) &#8212; LPL Financial LLC (\u201cLPL Financial\u201d), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the \u201cCompany\u201d), today released its monthly activity report for November 2024. Total advisory and brokerage assets at the end of November were $1.76\u00a0trillion, an increase of $86.0 billion, or 5.1%, compared to the end of October 2024. Total net new assets for November were $35.0\u00a0billion, which included $0.8 billion of acquired net new assets resulting from Liquidity &amp; Succession activity. Total organic net new assets for November were $34.2\u00a0billion, translating to a 25.9% annualized growth rate. This included $26.3 billion of assets from Prudential Advisors (\u201cPrudential\u201d) that onboarded in November, and $0.6\u00a0billion of assets that off-boarded &hellip; Continue reading \"LPL Financial Reports Monthly Activity for November 2024\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-17T21:09:34+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyMDU4NSM2NjQxMjAyIzIwMTkxNDA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"LPL Financial Reports Monthly Activity for November 2024","datePublished":"2024-12-17T21:09:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/"},"wordCount":688,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyMDU4NSM2NjQxMjAyIzIwMTkxNDA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-reports-monthly-activity-for-november-2024\/","name":"LPL Financial Reports Monthly Activity for November 2024 - 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