LPLA Announces Y/Y Rise in Brokerage and Advisory Assets in November

Zacks12-18

LPL Financial LPLA witnessed a rise in total brokerage and advisory assets in November 2024. The metric was $1.76 trillion, which grew 5.1% from the prior month and 35.3% year over year. LPLA’s ...

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The metric was $1.76 trillion, which grew 5.1% from the prior month and 35.3% year over year.\nLPLA’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lpla-announces-y-y-rise-124600576.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LPLA Announces Y/Y Rise in Brokerage and Advisory Assets in November</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLPLA Announces Y/Y Rise in Brokerage and Advisory Assets in November\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lpla-announces-y-y-rise-124600576.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LPL Financial LPLA witnessed a rise in total brokerage and advisory assets in November 2024. The metric was $1.76 trillion, which grew 5.1% from the prior month and 35.3% year over year.\nLPLA’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lpla-announces-y-y-rise-124600576.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0345774631.USD","symbol_name":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/lpla-announces-y-y-rise-124600576.html","article_id":"2492184561","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/urh9kFHgpMG9FrsFlUHKyA--~B/aD0zOTE7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6fad3ca7c16d98ecfc2bf948f4cf143"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492184561","pubTimestamp":1734525960,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"LPL Financial LPLA witnessed a rise in total brokerage and advisory assets in November 2024. The metric was $1.76 trillion, which grew 5.1% from the prior month and 35.3% year over year.LPL Financial’s planned buyout of Investment Center, the recent acquisition of Atria Wealth, solid advisor productivity and recruiting efforts will aid advisory revenues. The company is expected to keep expanding through strategic acquisitions, which will help diversify operations. However, uncertainty about the performance of the capital markets is a headwind, which may hurt the company’s financials.In the past three months, LPLA’s shares have surged 49.2%, outperforming the industry’s growth of 17.9%.Want the latest recommendations from Zacks Investment Research?Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","SG9999014021.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) ACC","SG9999014039.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) INC","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4588":"碎股","SG9999014013.SGD":"United Global Durable Equities Fund Dis SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1861217088.USD":"贝莱德金融科技A2","BK4589":"SVB概念","LU0106831901.USD":"贝莱德世界金融基金A2","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4561":"索罗斯持仓","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","BK4581":"高盛持仓","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LPLA":"LPL Financial Holdings Inc","BK4504":"桥水持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IBKR":"盈透证券","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4127":"投资银行业与经纪业","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","SCHW":"嘉信理财","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU0963586101.USD":"ALLIANZ GLOBAL SMALL CAP EQUITY \"AT\" ACC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4585":"ETF&股票定投概念","SG9999001077.SGD":"United International Growth Fund SGD","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC"},"translate_title":"LPLA宣布11月份经纪和咨询资产同比增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SCHW":1,"IBKR":1,"LPLA":1},"content_text":"LPL Financial LPLA witnessed a rise in total brokerage and advisory assets in November 2024. The metric was $1.76 trillion, which grew 5.1% from the prior month and 35.3% year over year.\nLPLA’s Performance Breakdown\nOf LPLA’s total assets, brokerage assets were $785.6 billion and advisory assets amounted to $973.8 billion. Brokerage assets jumped 3% from October 2024 and 31.3% year over year. Advisory assets were up 6.9% from the previous month and 38.7% from November 2023.Total net new assets (NNAs) were $35 billion in November. It included $0.8 billion of acquired NNAs from Liquidity & Succession activity. Total organic NNAs were $34.2 billion, including $26.3 billion of assets from Prudential Advisors (“Prudential”) that were onboarded in November and $0.6 billion off-boarded assets as part of the previously disclosed planned separation from misaligned large OSJs. Excluding these assets, organic NNAs were $8.6 billion.The company reported $50.5 billion of total client cash balance in November, up 4.6% from the prior month and 8.4% from November 2023. The figure included $1.9 billion resulting from the onboarding of Prudential. Of the total balance, $34.8 billion was insured cash and $9.9 billion was deposit cash, while the remaining was money-market sweep and client cash balance.\nOur Take on LPLA Stock\nLPL Financial’s planned buyout of Investment Center, the recent acquisition of Atria Wealth, solid advisor productivity and recruiting efforts will aid advisory revenues. The company is expected to keep expanding through strategic acquisitions, which will help diversify operations. However, uncertainty about the performance of the capital markets is a headwind, which may hurt the company’s financials.In the past three months, LPLA’s shares have surged 49.2%, outperforming the industry’s growth of 17.9%. \nImage Source: Zacks Investment Research\nCurrently, LPL Financial carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nPerformance of LPLA’s Peers in November\nCharles Schwab SCHW posted a rise in its total client assets for November. SCHW’s total client assets in November 2024 were $10.31 trillion, up 5% from October 2024 and 26% from November 2023. Client assets receiving ongoing advisory services were $5.16 trillion, rising 4% from the prior month and 24% year over year.Interactive Brokers Group, Inc. IBKR released the Electronic Brokerage segment’s performance metrics for November 2024. The segment deals with the clearance and settlement of trades for individual and institutional clients globally. It reported a rise in client Daily Average Revenue Trades (DARTs).IBKR’s total client DARTs in November were 3,306,000, which increased 74.2% from November 2023 and 17.1% from the last month.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nThe Charles Schwab Corporation (SCHW) : Free Stock Analysis Report\nInteractive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report\nLPL Financial Holdings Inc. (LPLA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492184561"}