LPL Financial Reports Monthly Activity for November 2021

SAN DIEGO, Dec. 16, 2021 (Globe NEWSWIRE) — LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today launched its monthly action report for November 2021.

Whole advisory and brokerage assets at the conclude of November were being somewhere around $one.seventeen trillion, a lower of $10 billion, or .8%, compared to the conclude of October 2021.

Whole web new assets for November were being $six.nine billion, translating to a seven.% annualized advancement amount. Whole web new advisory assets were being $seven.one billion, translating to a 13.seven% annualized advancement amount.

Whole shopper dollars balances at the conclude of November were being $fifty one.nine billion, an raise of $one. billion compared to the conclude of October 2021. Web getting in November was $5.5 billion.

For additional information about these and other LPL Financial business metrics, you should refer to the Company’s most recent earnings announcement, which is accessible in the quarterly final results section of investor.lpl.com.

About LPL Financial
LPL Financial was launched on the basic principle that the agency must perform for the advisor, and not the other way all around. Right now, LPL is a chief* in the markets we provide, supporting more than 19,000 financial advisors, and somewhere around 800 institution-centered expenditure packages and 450 impartial RIA firms nationwide. We are steadfast in our dedication to the advisor-centered product and the perception that Individuals are entitled to entry to customized advice from a financial advisor. At LPL, independence signifies that advisors have the freedom they are entitled to to choose the business product, providers, and technological know-how means that make it possible for them to operate their excellent apply. And they have the freedom to take care of their shopper interactions, simply because they know their clientele greatest. Simply just set, we just take treatment of our advisors, so they can just take treatment of their clientele.

* Top rated RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Independent Broker-Vendor in the U.S (Primarily based on complete revenues, Financial Planning magazine 1996-2021) No. one supplier of 3rd-party brokerage providers to financial institutions and credit rating unions (2020-2021 Kehrer Bielan Exploration & Consulting Yearly TPM Report) Fortune five hundred as of June 2021

Securities and Advisory providers supplied via LPL Financial LLC, a SEC-registered broker-dealer and expenditure advisor. Member FINRA/SIPC.

Throughout this conversation, the terms “financial advisors” and “advisors” are utilised to refer to registered associates and/or expenditure advisor associates affiliated with LPL Financial LLC. We routinely disclose information that may possibly be critical to shareholders in the “Trader Relations” or “Press Releases” section of our website.