LPL Financial Reports Monthly Activity for May 2026
LPL Financial Reports Monthly Activity for May 2026
LPL Financial (Nasdaq:LPLA) reported May 2026 monthly activity with total client assets of $2.55 trillion, up 3.1% from April and 37.8% year over year.
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LPL Financial (Nasdaq:LPLA) reported May 2026 monthly activity with total client assets of $2.55 trillion, up 3.1% from April and 37.8% year over year. Advisory assets reached $1.54 trillion and represented 60.2% of total assets. Organic net new assets were $8.8 billion, and net buying totaled $13.7 billion. Total client cash balances were $54.8 billion, down 1.3% month over month but up 11.4% year over year.
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Positive
Total client assets $2.55T, up 3.1% M/M and 37.8% Y/Y
Advisory assets $1.54T, 60.2% of total assets, up from 55.1% a year ago
Advisory client assets up 50.5% Y/Y to $1.54T
Organic net new assets $8.8B in May versus $3.1B in April
Net buying of $13.7B in May, slightly above $12.9B in April
Total bank sweep balances up 18.0% Y/Y to $51.9B
Negative
Brokerage organic net new assets were negative at $(2.2)B in May
Total client cash balances fell 1.3% M/M to $54.8B
Insured cash account sweep balances declined 1.6% M/M to $37.0B
Money market sweep balances down 69.2% Y/Y to $1.2B
Schott Financial Management joined LPL with roughly $240M in assets.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
advisory assets, organic net new assets, net new assets, net buy (sell) activity, +4 more
8 terms
advisory assetsfinancial
"Advisory assets as a percentage of total assets increased to 60.2%"
Advisory assets are the stocks, bonds, cash and other investments a firm reviews and gives guidance about but does not directly trade or control. Like a coach who designs the game plan while the player makes the moves, these assets show how many clients rely on a firm’s advice and help indicate future fee income, business scale and client trust—important signals for investors comparing advisory businesses to ones that directly manage assets.
organic net new assetsfinancial
"Total organic net new assets (“NNA”) for May were $8.8 billion"
Organic net new assets are the amount of money that clients add to or withdraw from an investment firm’s managed funds during a period, measured after removing gains or losses from market performance and excluding money brought in by mergers or purchases. Investors watch this figure because it shows whether a firm is truly growing its client base and fee revenue from its own business — like tracking how much a garden grows on its own rather than counting plants moved in from elsewhere.
net new assetsfinancial
"Total organic net new assets (“NNA”) for May were $8.8 billion"
Net new assets are the amount of money that a financial firm or fund gains from clients during a period after subtracting client withdrawals and transfers out, like measuring how much water was added to a bucket after what spilled out. It matters to investors because it shows whether a business is actually growing its customer money base — a steady rise suggests more fee revenue and stronger demand for services, while declines can signal weakening sales or client confidence.
Net buy (sell) activity is the difference between the amount of shares or value purchased and the amount sold for a stock or group of stocks over a defined period; a positive number shows more buying than selling, and a negative number shows the opposite. Investors watch this like a market thermometer—consistent net buying can signal rising demand and potential price strength, while net selling can indicate weakening interest or pressure on the price.
A service that automatically moves uninvested cash from a brokerage account into bank deposit accounts or short-term funds that are covered by federal insurance, spreading the money across one or more banks to increase insured protection. Think of it as parking spare cash in multiple insured wallets so it stays safe and immediately available while earning a small return. Investors care because it reduces the risk of losing cash above standard insurance limits and preserves liquidity without manual transfers.
A deposit cash account sweep is an automatic service that moves uninvested money from a brokerage or account into one or more interest-bearing bank deposit accounts overnight, so the funds earn interest and remain available for trades or withdrawals. For investors it matters because it reduces idle cash that would otherwise earn nothing, can increase safety through FDIC coverage across multiple banks, and affects short-term returns and liquidity the same way parking spare change in an insured jar makes it work for you rather than sitting unused.
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.
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.
SAN DIEGO, June 16, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”) today released its monthly activity report for May 2026.
Total client assets at the end of May were $2.55 trillion, an increase of $76.9 billion, or 3.1%, compared to the end of April. Advisory assets as a percentage of total assets increased to 60.2%, up from 55.1% a year ago.
Total organic net new assets (“NNA”) for May were $8.8 billion, translating to a 4.3% annualized growth rate.
Total client cash balances at the end of May were $54.8 billion, a decrease of $0.6 billion compared to the end of April. Net buying in May was $13.7 billion.
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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were LPL Financial (NASDAQ:LPLA) total client assets in May 2026?
LPL Financial reported total client assets of $2.55 trillion at the end of May 2026. According to LPL Financial, this was a 3.1% increase from April 2026 and a 37.8% rise compared with $1.85 trillion in May 2025.
How did LPL Financial organic net new assets (NNA) perform in May 2026?
LPL Financial generated $8.8 billion in total organic net new assets in May 2026. According to LPL Financial, this translated into a 4.3% annualized growth rate and compared with $3.1 billion in April 2026 and $6.5 billion in May 2025.
What percentage of LPL Financial client assets were advisory in May 2026?
Advisory assets represented 60.2% of LPL Financial total client assets in May 2026. According to LPL Financial, advisory assets were $1.54 trillion of $2.55 trillion in total, up from 55.1% advisory mix one year earlier, highlighting continued advisory asset growth.
How did LPL Financial client cash balances change in May 2026?
LPL Financial total client cash balances were $54.8 billion at the end of May 2026. According to LPL Financial, this was a 1.3% decrease from April 2026 but an 11.4% increase compared with $49.2 billion in client cash balances in May 2025.
What was LPL Financial net buying activity for May 2026?
LPL Financial reported $13.7 billion in net buying activity during May 2026. According to LPL Financial, this compared with $12.9 billion of net buying in April 2026 and $13.5 billion in May 2025, reflecting continued positive trading flows.
How did brokerage and advisory net new assets differ for LPL Financial in May 2026?
LPL Financial recorded $11.0 billion advisory NNA and $(2.2) billion brokerage NNA in May 2026. According to LPL Financial, advisory NNA increased from $6.0 billion in April, while brokerage NNA remained negative, following $(3.0) billion in April 2026.
What market drivers accompanied LPL Financial May 2026 activity update?
Equity markets rose during the period, with the S&P 500 at 7,580 and Russell 2000 at 2,919 at May-end. According to LPL Financial, these levels reflected 5.1% and 4.3% month-over-month increases, alongside a lower average Fed Funds effective rate of 363 basis points.
