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LPL Financial reports $2.6 trillion in client assets for August 2026

September 24, 2026 4:07 PM

LPL Financial Holdings Inc. (Nasdaq: LPLA) reported total client assets of $2.60 trillion at the end of August 2026, an increase of $55.3 billion, or 2.2%, compared to the end of July, according to the company's monthly activity report.

Advisory assets rose to $1.58 trillion, representing 60.8% of total client assets, up from 57.8% a year earlier. Brokerage assets stood at $1.02 trillion, a 1.7% increase from July.

Total organic net new assets for August were $13.5 billion, reflecting a 6.4% annualized growth rate. Advisory net new assets were $12.5 billion, while brokerage net new assets were $0.9 billion. No acquired net new assets were recorded in August 2026, compared to $275.0 billion in August 2025, which included assets from Commonwealth.

Total client cash balances at the end of August were $54.4 billion, up $0.1 billion from July. Total bank sweep balances were $52.2 billion, a 0.8% increase month-over-month. Net buying activity in August was $13.8 billion.

Market indicators showed the S&P 500 Index ended August at 7,686, up 2.6% from July and 19.0% year-over-year. The Russell 2000 Index closed at 2,956, up 0.9% from the prior month. The average federal funds daily effective rate held steady at 363 basis points, down from 433 basis points a year ago.

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