LPL Financial Reports Monthly Activity for May 2024
LPLLG Display (LPL) GlobeNewswire News Room·2024-06-21 04:05

SAN DIEGO, June 20, 2024 (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 2024. Total advisory and brokerage assets at the end of May were 1.46trillion,anincreaseof1.46 trillion, an increase of 51.4 billion, or 3.6%, compared to the end of April 2024. Total net new assets for May were 11.2billion,translatingtoa9.511.2 billion, translating to a 9.5% annualized growth rate. Total net new advisory assets were 9.9 ...