LPL Financial reports May 2025 assets at $1.85 trillion, with a 3.7% increase and organic net new assets of $6.5 billion.
Quiver AI Summary
LPL Financial LLC reported strong growth in its monthly activity report for May 2025, with total advisory and brokerage assets reaching $1.85 trillion, an increase of $66.6 billion, or 3.7%, from April 2025. The firm saw organic net new assets of $6.5 billion, translating to a 4.4% annualized growth rate, which included $1.0 billion that was off-boarded due to a planned separation from misaligned large OSJs. Client cash balances decreased to $49.2 billion, down $2.6 billion from the previous month. Despite the dip in cash balances, net buying activity was positive at $13.5 billion. Overall, LPL Financial continues to demonstrate significant growth in the wealth management sector, serving over 29,000 financial advisors and managing approximately $1.8 trillion in assets on behalf of around 7 million Americans.
Potential Positives
- Total advisory and brokerage assets reached $1.85 trillion, marking a significant increase of $66.6 billion or 3.7% from the previous month.
- Total organic net new assets for May totaled $6.5 billion, representing a 4.4% annualized growth rate, indicating strong performance in asset acquisition.
- Year-over-year growth in total advisory and brokerage assets is 26.5%, demonstrating substantial long-term growth and market positioning.
- Net buying activity in May was $13.5 billion, showing strong engagement and investment from clients, which is a positive indicator for future asset growth.
Potential Negatives
- Overall organic net new assets were lower than the previous month, with a decline to $6.5 billion from $11.2 billion, signaling potential challenges in attracting new clients.
- Client cash balances decreased by $2.6 billion, or 5.0%, compared to April, which could indicate declining investor confidence or reduced investment activity.
- The company reported net new brokerage assets as negative at -$1.8 billion, a significant shift that raises concerns about the brokerage performance and the overall health of this segment.
FAQ
What are LPL Financial's total advisory and brokerage assets as of May 2025?
Total advisory and brokerage assets reached $1.85 trillion at the end of May 2025.
How much did LPL Financial grow in organic net new assets in May 2025?
LPL Financial reported $6.5 billion in organic net new assets, representing a 4.4% annualized growth rate.
What was the change in total client cash balances by the end of May 2025?
Total client cash balances decreased by $2.6 billion, totaling $49.2 billion at the end of May 2025.
How much was the net buying activity in May 2025?
The net buying activity for May 2025 was $13.5 billion.
How did the S&P 500 Index perform in May 2025?
The S&P 500 Index increased by 6.2%, ending the period at 5,912.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LPLA Congressional Stock Trading
Members of Congress have traded $LPLA stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LPLA stock by members of Congress over the last 6 months:
- SENATOR MARKWAYNE MULLIN has traded it 2 times. They made 2 purchases worth up to $150,000 on 05/13, 02/13 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$LPLA Insider Trading Activity
$LPLA insiders have traded $LPLA stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $LPLA stock by insiders over the last 6 months:
- MATTHEW J AUDETTE (President and CFO) has made 0 purchases and 9 sales selling 33,365 shares for an estimated $12,159,676.
- MATTHEW ENYEDI (Managing Director) sold 5,154 shares for an estimated $1,903,526
- RICHARD STEINMEIER (Chief Executive Officer) sold 3,500 shares for an estimated $1,308,265
- GREG GATES (Group Managing Director) has made 0 purchases and 8 sales selling 1,500 shares for an estimated $568,300.
- MARC ELIOT COHEN (Managing Director) sold 1,100 shares for an estimated $402,435
- ANERI JAMBUSARIA (Group Managing Director) has made 0 purchases and 2 sales selling 160 shares for an estimated $55,668.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LPLA Hedge Fund Activity
We have seen 442 institutional investors add shares of $LPLA stock to their portfolio, and 327 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WINSLOW CAPITAL MANAGEMENT, LLC added 1,457,701 shares (+inf%) to their portfolio in Q1 2025, for an estimated $476,872,305
- DODGE & COX added 1,053,351 shares (+224.1%) to their portfolio in Q1 2025, for an estimated $344,593,246
- PRINCIPAL FINANCIAL GROUP INC added 971,814 shares (+1453.3%) to their portfolio in Q1 2025, for an estimated $317,919,231
- JENNISON ASSOCIATES LLC added 851,115 shares (+786.2%) to their portfolio in Q1 2025, for an estimated $278,433,761
- MILLENNIUM MANAGEMENT LLC removed 773,101 shares (-86.0%) from their portfolio in Q1 2025, for an estimated $252,912,261
- CLARKSTON CAPITAL PARTNERS, LLC added 674,227 shares (+inf%) to their portfolio in Q1 2025, for an estimated $220,566,620
- ALLIANCEBERNSTEIN L.P. added 642,503 shares (+550.5%) to their portfolio in Q1 2025, for an estimated $210,188,431
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LPLA Analyst Ratings
Wall Street analysts have issued reports on $LPLA in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 05/21/2025
- Cowen & Co. issued a "Buy" rating on 01/31/2025
- Barclays issued a "Overweight" rating on 01/13/2025
- Citigroup issued a "Buy" rating on 01/10/2025
- UBS issued a "Buy" rating on 01/06/2025
- Wolfe Research issued a "Outperform" rating on 01/03/2025
To track analyst ratings and price targets for $LPLA, check out Quiver Quantitative's $LPLA forecast page.
Full Release
SAN DIEGO, June 23, 2025 (GLOBE NEWSWIRE) --
LPL Financial
LLC (“LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. (
Nasdaq: LPLA
) (the “Company”), today released its monthly activity report for May 2025.
Total advisory and brokerage assets at the end of May were $1.85 trillion, an increase of $66.6 billion, or 3.7%, compared to the end of April 2025.
Total organic net new assets for May were $6.5 billion, translating to a 4.4% annualized growth rate. This included $1.0 billion 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 $7.5 billion, translating to a 5.0% annualized growth rate.
Total client cash balances at the end of May were $49.2 billion, a decrease of $2.6 billion compared to the end of April 2025. Net buying in May was $13.5 billion.
(End of period $ in billions, unless noted) | May | April | Change | May | Change |
2025 | 2025 | M/M | 2024 | Y/Y | |
Advisory and Brokerage Assets | |||||
Advisory assets | 1,021.6 | 978.6 | 4.4% | 809.4 | 26.2% |
Brokerage assets | 832.9 | 809.4 | 2.9% | 657.0 | 26.8% |
Total Advisory and Brokerage Assets | 1,854.5 | 1,787.9 | 3.7% | 1,466.4 | 26.5% |
Organic Net New Assets | |||||
Organic net new advisory assets | 8.3 | 6.9 | n/m | 9.9 | n/m |
Organic net new brokerage assets | (1.8) | (0.8) | n/m | 1.3 | n/m |
Total Organic Net New Assets | 6.5 | 6.1 | n/m | 11.2 | n/m |
Acquired Net New Assets | |||||
Acquired net new advisory assets | 0.0 | 0.0 | n/m | 0.0 | n/m |
Acquired net new brokerage assets | 0.0 | 0.0 | n/m | 0.0 | n/m |
Total Acquired Net New Assets | 0.0 | 0.0 | n/m | 0.0 | n/m |
Total Net New Assets | |||||
Net new advisory assets | 8.3 | 6.9 | n/m | 9.9 | n/m |
Net new brokerage assets | (1.8) | (0.8) | n/m | 1.3 | n/m |
Total Net New Assets | 6.5 | 6.1 | n/m | 11.2 | n/m |
Net brokerage to advisory conversions | 2.2 | 1.7 | n/m | 1.2 | n/m |
Client Cash Balances | |||||
Insured cash account sweep | 33.4 | 35.2 | (5.1%) | 31.8 | 5.0% |
Deposit cash account sweep | 10.6 | 10.7 | (0.9%) | 9.0 | 17.8% |
Total Bank Sweep | 44.0 | 45.9 | (4.1%) | 40.8 | 7.8% |
Money market sweep | 3.9 | 4.2 | (7.1%) | 2.3 | 69.6% |
Total Client Cash Sweep Held by Third Parties | 47.9 | 50.2 | (4.6%) | 43.1 | 11.1% |
Client cash account | 1.3 | 1.6 | (18.8%) | 1.3 | —% |
Total Client Cash Balances | 49.2 | 51.8 | (5.0%) | 44.5 | 10.6% |
Net buy (sell) activity | 13.5 | 10.4 | n/m | 15.0 | n/m |
Market Drivers | |||||
S&P 500 Index (end of period) | 5,912 | 5,569 | 6.2% | 5,278 | 12.0% |
Russell 2000 Index (end of period) | 2,066 | 1,964 | 5.2% | 2,070 | (0.2%) |
Fed Funds daily effective rate (average bps) | 433 | 433 | —% | 533 | (18.8%) |
For additional information regarding these and other LPL Financial business metrics, please refer to the Company’s
most recent earnings announcement
, which is available in the
quarterly results
section of
investor.lpl.com
.
Contacts
Investor Relations
investor.relations@lplfinancial.com
Media Relations
media.relations@lplfinancial.com
About LPL Financial
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 over 29,000 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 7 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
www.lpl.com
.
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”) and LPL Enterprise, LLC (“LPL Enterprise”), both registered investment advisers and broker-dealers. Member FINRA/SIPC.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial or LPL Enterprise.
We routinely disclose information that may be important to shareholders in the “
Investor Relations
” or “
Press Releases
” section of our website.
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
