LPL Financial Reports Monthly Activity for November 2021

SAN DIEGO, Dec. sixteen, 2021 (Globe NEWSWIRE) — LPL Fiscal LLC, a wholly owned subsidiary of LPL Fiscal Holdings Inc. (Nasdaq: LPLA) (the “Company”), nowadays released its regular monthly activity report for November 2021.

Whole advisory and brokerage assets at the close of November had been around $one.17 trillion, a lessen of $10 billion, or .eight%, in comparison to the close of Oct 2021.

Whole internet new assets for November had been $six.nine billion, translating to a 7.% annualized development amount. Whole internet new advisory assets had been $7.one billion, translating to a 13.7% annualized development amount.

Whole consumer funds balances at the close of November had been $51.nine billion, an enhance of $one. billion in comparison to the close of Oct 2021. Web obtaining in November was $five.five billion.

For supplemental information pertaining to these and other LPL Fiscal business metrics, please refer to the Company’s most current earnings announcement, which is accessible in the quarterly benefits section of trader.lpl.com.

About LPL Fiscal
LPL Fiscal was founded on the basic principle that the agency must work for the advisor, and not the other way all-around. Now, LPL is a leader* in the markets we serve, supporting more than 19,000 money advisors, and around 800 institution-based expenditure plans and 450 impartial RIA corporations nationwide. We are steadfast in our dedication to the advisor-centered product and the belief that People are entitled to accessibility to personalised steering from a money advisor. At LPL, independence signifies that advisors have the freedom they are entitled to to pick the business product, companies, and technological know-how means that allow them to run their perfect apply. And they have the freedom to regulate their consumer interactions, due to the fact they know their consumers finest. Simply put, we just take care of our advisors, so they can just take care of their consumers.

* Major RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. one Unbiased Broker-Seller in the U.S (Dependent on overall revenues, Fiscal Organizing journal 1996-2021) No. one service provider of 3rd-bash brokerage companies to financial institutions and credit history unions (2020-2021 Kehrer Bielan Analysis & Consulting Annual TPM Report) Fortune five hundred as of June 2021

Securities and Advisory companies offered via LPL Fiscal LLC, a SEC-registered broker-supplier and expenditure advisor. Member FINRA/SIPC.

During this interaction, the conditions “financial advisors” and “advisors” are used to refer to registered reps and/or expenditure advisor reps affiliated with LPL Fiscal LLC. We routinely disclose information that may well be important to shareholders in the “Investor Relations” or “Push Releases” section of our web page.