LPL Financial Holdings Inc. reported August 2026 activity showing total client assets of $2.6 trillion, up 15% year over year. Advisory assets, the key growth driver, reached $1.58 trillion, up 21% year over year, and accounted for 60.8% of total client assets versus 57.8% a year earlier, while brokerage assets rose 6.7% to $1.02 trillion. Total organic net new assets were $13.5 billion, down from $17.8 billion a year ago, though advisory net new assets rose to $12.5 billion from $11.8 billion. Client cash balances increased 3.2% year over year to $54.4 billion and total bank sweep balances rose 10.6% to $52.2 billion. The acquisition of Mariner Advisor Network added 367 advisors and approximately $31 billion in client assets, and the company continues to integrate Commonwealth Financial Network, acquired in August 2025.
LPL Financial Holdings IncLPL reported record client assets of $2.6T, up 15% YoY, with advisory assets up 21% and Mariner acquisition adding $31B in assets.
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