SAN DIEGO, Sept. 21, 2021 (Globe NEWSWIRE) — LPL Fiscal LLC, a wholly owned subsidiary of LPL Fiscal Holdings Inc. (Nasdaq: LPLA) (the “Company”), right now unveiled its regular exercise report for August 2021.
Total advisory and brokerage assets at the conclusion of August were being approximately $1.16 trillion, an maximize of $27. billion, or 2.four%, as opposed to the conclusion of July 2021.
Total web new assets for August were being $7.6 billion(1), translating to an eight.6%(1) annualized progress rate. This provided $1.3 billion of brokerage assets from M&T Financial institution that onboarded in August(2). Total web new advisory assets were being $6.four billion, translating to a 13.9%(1) annualized progress rate.
Total consumer money balances at the conclusion of August were being $49.7 billion, an maximize of $1.2 billion as opposed to the conclusion of July