LPL Financial (LPLA) released its monthly activity report for April. Total advisory and brokerage assets at the end of April were $1.79T, a decrease of $7B, or 0.4%, compared to the end of March 2025. Total organic net new assets for April were $6.1B, translating to a 4.1% annualized growth rate. This included $0.1B of assets from Wintrust Investments and certain private client business at Great Lakes Advisors that onboarded in April, and $0.2B 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 $6.2B, translating to a 4.1% annualized growth rate. Total client cash balances at the end of April were $51.8B, a decrease of $1.3B compared to the end of March. Net buying in April was $10.4B.
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