LPL Financial Reports Monthly Activity for January 2026

Rhea-AI Summary

LPL Financial (Nasdaq: LPLA) reported total advisory and brokerage assets of $2.41 trillion for January 2026, up $38.0 billion (1.6%) month-over-month. Advisory assets were $1,422.7 billion and represented 59.1% of total assets, up from 54.8% a year earlier.

Total organic net new assets were $4.2 billion (2.1% annualized). Total client cash balances were $56.5 billion, down $4.5 billion versus December 2025. Net buying in January was $13.8 billion.

Positive

• Total assets $2.4085 trillion, +$38.0B M/M (1.6%)
• Advisory assets $1,422.7B; advisory mix 59.1% of assets
• Advisory assets +43.4% Y/Y to $1,422.7B
• Total organic net new assets $4.2B (2.1% annualized)
• Net buying activity $13.8B in January

Negative

• Total client cash balances down $4.5B M/M to $56.5B
• Total organic net new assets fell M/M from $8.6B to $4.2B
• Money market sweep declined 12.0% M/M to $2.2B
• Insured cash sweep down 6.8% M/M to $38.2B

Key Figures

Total advisory & brokerage assets: $2.41 trillion Advisory assets mix: 59.1% Total organic net new assets: $4.2 billion +5 more

8 metrics

Total advisory & brokerage assets $2.41 trillion End of January 2026; up $38.0B or 1.6% vs December 2025

Advisory assets mix 59.1% Advisory as % of total assets; up from 54.8% a year ago

Total organic net new assets $4.2 billion January 2026, 2.1% annualized growth rate

Total client cash balances $56.5 billion End of January 2026; down $4.5B vs December 2025

Net buying in January $13.8 billion Net buy activity during January 2026

Total Bank Sweep $52.4 billion End of January 2026; down 6.9% M/M; up 13.2% Y/Y

S&P 500 level 6,939 End of January 2026; up 1.4% M/M and 14.9% Y/Y

Russell 2000 level 2,614 End of January 2026; up 5.3% M/M and 14.2% Y/Y

Market Reality Check

Price: $327.92 Vol: Volume 275,589 vs 20-day ...

low vol

$327.92 Last Close

Volume Volume 275,589 vs 20-day average 1,192,507 (relative volume 0.23) suggests limited trading response before this update. low

Technical Shares at $332.18 are trading below the 200-day MA of $361.9 and 17.69% under the 52-week high.

Peers on Argus

LPLA was down 3.52% while key peers like FUTU, EVR, HLI, and SF showed small gai...

LPLA was down 3.52% while key peers like FUTU, EVR, HLI, and SF showed small gains (up to about 1%). This divergence and lack of momentum flags point to a stock-specific move rather than a sector-wide shift.

Historical Context

5 past events · Latest: Feb 19 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 19	Advisor team addition	Positive	-3.5%	New advisor joins with roughly $300M in client assets from UBS.
Feb 18	Strategic partnership	Positive	+3.1%	Strategic relationship with Simplicity Group to expand insurance capabilities.
Feb 17	Advisor team addition	Positive	-3.7%	Shoreline Private Wealth Management joins with about $275M in assets.
Feb 12	Advisor team addition	Positive	-2.6%	Sound Wealth team with ~$420M in assets affiliates with LPL platforms.
Feb 03	Advisor team addition	Positive	+2.8%	Wealth Innovations advisors join with about $200M in client assets.

Pattern Detected

Recent advisor-growth and partnership announcements were generally positive, but price reactions split between gains and selloffs, showing mixed alignment between fundamentals news and short-term trading.

Recent Company History

Over the past few weeks, LPLA has focused on advisor recruitment and strategic partnerships. Multiple teams such as Shoreline Private Wealth Management, Sound Wealth, and Wealth Innovations joined its platforms, each bringing hundreds of millions in client assets. A broader strategic relationship with Simplicity Group aimed to enhance insurance offerings for roughly 32,000 advisors. Despite these positive business developments, share-price reactions after news were inconsistent, with both notable up and down moves around these events.

Market Pulse Summary

This announcement highlights continued asset growth, with advisory and brokerage assets reaching abo...

Analysis

This announcement highlights continued asset growth, with advisory and brokerage assets reaching about $2.41 trillion and advisory mix rising to 59.1%. January delivered $4.2 billion in organic net new assets and net buying of $13.8 billion, while client cash balances declined to $56.5 billion. In context of recent advisor additions and partnerships, investors may watch trends in organic flows, cash levels, and advisory penetration across upcoming monthly reports.

Key Terms

money market sweep, Fed Funds daily effective rate, FINRA, SIPC

4 terms

money market sweep financial

"Money market sweep | | 2.2 | | 2.5 | | (12.0%) | 4.1 | (46.3%)"

An automated arrangement that moves idle cash from a brokerage or bank account into a money market fund or interest-bearing account, typically overnight, to earn a small return while keeping the funds accessible. It matters to investors because it reduces wasted cash sitting uninvested and boosts overall portfolio returns without sacrificing liquidity, similar to parking spare change in a high-interest savings jar that you can grab quickly when needed.

Fed Funds daily effective rate financial

"Fed Funds daily effective rate (average bps) | | 364 | | 373 |"

The fed funds daily effective rate is the average interest rate banks actually pay each other to borrow overnight reserves held at the central bank. Think of it as the daily “rental price” for cash in the banking system; when that price moves, it changes borrowing costs for businesses and consumers, influences bond yields and short-term lending, and signals how tight or loose monetary policy is—information investors use to assess interest-rate risk and asset values.

FINRA regulatory

"Members FINRA/SIPC."

FINRA is the U.S. self‑regulatory organization that oversees brokerage firms and individual brokers, setting and enforcing rules to protect investors and keep markets orderly. Think of it as a referee and rulebook keeper for the broker industry: it licenses brokers, monitors their behavior, enforces standards, and runs complaint and arbitration systems, so investors can check records and have a path to resolve disputes.

SIPC regulatory

"Members FINRA/SIPC."

The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that helps customers recover cash and securities if a registered brokerage firm fails and assets are missing. Think of it like an insurance backstop for your brokerage account—it can replace missing holdings up to legal limits but does not protect against losses from market movements or bad investment choices.

AI-generated analysis. Not financial advice.

SAN DIEGO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”) today released its monthly activity report for January 2026.

Total advisory and brokerage assets at the end of January were $2.41 trillion, an increase of $38.0 billion, or 1.6%, compared to the end of December 2025. Advisory assets as a percentage of total assets increased to 59.1%, up from 54.8% a year ago.

Total organic net new assets for January were $4.2 billion, translating to a 2.1% annualized growth rate.

Total client cash balances at the end of January were $56.5 billion, a decrease of $4.5 billion compared to the end of December 2025. Net buying in January was $13.8 billion.

(End of period $ in billions, unless noted)		January		December		Change	January	Change
		2026		2025		M/M	2025	Y/Y
Advisory and Brokerage Assets
Advisory assets		1,422.7		1,392.7		2.2%	992.4	43.4%
Brokerage assets		985.8		977.9		0.8%	819.4	20.3%
Total Advisory and Brokerage Assets		2,408.5		2,370.5		1.6%	1,811.8	32.9%
Organic Net New Assets
Organic net new advisory assets		6.1		10.2		n/m	13.4	n/m
Organic net new brokerage assets		(2.0	)	(1.6	)	n/m	20.5	n/m
Total Organic Net New Assets		4.2		8.6		n/m	34.0	n/m
Acquired Net New Assets
Acquired net new advisory assets		0.0		0.0		n/m	0.1	n/m
Acquired net new brokerage assets		0.0		2.0		n/m	0.0	n/m
Total Acquired Net New Assets		0.0		2.0		n/m	0.1	n/m
Total Net New Assets
Net new advisory assets		6.1		10.2		n/m	13.5	n/m
Net new brokerage assets		(2.0	)	0.4		n/m	20.6	n/m
Total Net New Assets		4.2		10.6		n/m	34.1	n/m
Net brokerage to advisory conversions		2.2		2.1		n/m	2.1	n/m
Client Cash Balances
Insured cash account sweep		38.2		41.0		(6.8%)	36.2	5.5%
Deposit cash account sweep		14.2		15.3		(7.2%)	10.0	42.0%
Total Bank Sweep		52.4		56.3		(6.9%)	46.3	13.2%
Money market sweep		2.2		2.5		(12.0%)	4.1	(46.3%)
Total Client Cash Sweep Held by Third Parties		54.6		58.8		(7.1%)	50.4	8.3%
Client cash account		1.9		2.2		(13.6%)	1.8	5.6%
Total Client Cash Balances		56.5		61.0		(7.4%)	52.2	8.2%
Net buy (sell) activity		13.8		13.3		n/m	14.5	n/m
Market Drivers
S&P 500 Index (end of period)		6,939		6,846		1.4%	6,041	14.9%
Russell 2000 Index (end of period)		2,614		2,482		5.3%	2,288	14.2%
Fed Funds daily effective rate (average bps)		364		373		(2.4%)	433	(15.9%)

For additional information regarding these and other Company business metrics, please refer to the Company’s most recent earnings announcement, which is available in the quarterly results section of investor.lpl.com.

Contacts

Investor Relations
investor.relations@lplfinancial.com

Media Relations
media.relations@lplfinancial.com

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $2.4 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”) and LPL Enterprise, LLC (“LPL Enterprise”), both registered investment advisers and broker-dealers. Members FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial or LPL Enterprise.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

FAQ

What were LPL Financial (LPLA) total assets at January 31, 2026?

LPL reported $2.4085 trillion in total advisory and brokerage assets for January 2026. According to the company, this reflects a +$38.0 billion increase (1.6%) versus December 2025 and a 32.9% increase year-over-year.

How large were LPL (LPLA) advisory assets and what share of total assets did they represent in January 2026?

Advisory assets were $1,422.7 billion, representing 59.1% of total assets in January 2026. According to the company, advisory mix rose versus the prior year (54.8%), indicating higher recurring-fee exposure.

What were LPL Financial's (LPLA) organic net new assets for January 2026 and how did that compare month-over-month?

Total organic net new assets were $4.2 billion in January 2026 (2.1% annualized). According to the company, this declined from $8.6 billion in December 2025, indicating lower net new flows month-over-month.

How did LPL Financial's (LPLA) client cash balances change in January 2026?

Total client cash balances fell to $56.5 billion, down $4.5 billion from December 2025. According to the company, declines were driven by lower bank sweep and money-market sweep balances month-over-month.

What market activity drove LPL Financial's (LPLA) January 2026 results?

Net buying totaled $13.8 billion in January 2026, contributing to asset growth. According to the company, stronger equity benchmarks (S&P 500 up 1.4% month-over-month) also supported asset appreciation.