LPL Financial Reports Monthly Activity for November 2021

SAN DIEGO, Dec. 16, 2021 (Globe NEWSWIRE) — LPL Money LLC, a wholly owned subsidiary of LPL Money Holdings Inc. (Nasdaq: LPLA) (the “Company”), now produced its every month activity report for November 2021.

Full advisory and brokerage belongings at the stop of November were approximately $one.17 trillion, a decrease of $10 billion, or .8%, in contrast to the stop of October 2021.

Full internet new belongings for November were $six.9 billion, translating to a seven.% annualized progress price. Full internet new advisory belongings were $seven.one billion, translating to a thirteen.seven% annualized progress price.

Full client dollars balances at the stop of November were $51.9 billion, an maximize of $one. billion in contrast to the stop of October 2021. Web shopping for in November was $five.five billion.

For more data relating to these and other LPL Money business enterprise metrics, be sure to refer to the Company’s most current earnings announcement, which is available in the quarterly benefits area of trader.lpl.com.

About LPL Money
LPL Money was started on the basic principle that the agency ought to perform for the advisor, and not the other way all-around. These days, LPL is a chief* in the markets we provide, supporting much more than 19,000 monetary advisors, and approximately 800 institution-primarily based financial commitment courses and 450 independent RIA firms nationwide. We are steadfast in our dedication to the advisor-centered model and the perception that Us citizens are worthy of access to customized assistance from a monetary advisor. At LPL, independence suggests that advisors have the flexibility they are worthy of to opt for the business enterprise model, expert services, and know-how resources that permit them to run their excellent exercise. And they have the flexibility to control their client interactions, due to the fact they know their clients finest. Simply just put, we acquire care of our advisors, so they can acquire care of their clients.

* Top rated RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Impartial Broker-Supplier in the U.S (Based mostly on complete revenues, Money Arranging magazine 1996-2021) No. one company of 3rd-get together brokerage expert services to financial institutions and credit history unions (2020-2021 Kehrer Bielan Study & Consulting Yearly TPM Report) Fortune five hundred as of June 2021

Securities and Advisory expert services supplied through LPL Money LLC, a SEC-registered broker-dealer and financial commitment advisor. Member FINRA/SIPC.

Through this communication, the conditions “financial advisors” and “advisors” are employed to refer to registered representatives and/or financial commitment advisor representatives affiliated with LPL Money LLC. We routinely disclose data that may possibly be vital to shareholders in the “Investor Relations” or “Push Releases” area of our website.