LPL Financial Reports Monthly Activity for April 2018
Total brokerage and advisory assets served at the end of April were approximately
Prior to NPH, total brokerage and advisory assets at the end of April were approximately
(End of Period $ in billions, unless noted) | April | March | Change | April | Change |
2018 | 2018 | M/M | 2017 | Y/Y | |
Assets Served | |||||
Advisory Assets | 284.7 | 283.5 | 0.4% | 228.9 | 24.4% |
Brokerage Assets | 367.6 | 364.1 | 1.0% | 305.9 | 20.2% |
Total Brokerage and Advisory Assets | 652.3 | 647.5 | 0.7% | 534.8 | 22.0% |
Assets Served Prior to NPH | |||||
Advisory Assets | 270.9 | 269.8 | 0.4% | 228.9 | 18.3% |
Brokerage Assets | 309.2 | 308.4 | 0.3% | 305.9 | 1.1% |
Total Brokerage and Advisory Assets | 580.1 | 578.1 | 0.3% | 534.8 | 8.5% |
Net New Assets | |||||
Net New Advisory Assets | 1.1 | 1.7 | n/m | 1.4 | n/m |
Net New Brokerage Assets | 1.0 | 2.1 | n/m | (1.3) | n/m |
Total Net New Assets | 2.1 | 3.8 | n/m | 0.1 | n/m |
Net New Assets Prior to NPH | |||||
Net New Advisory Assets | 1.1 | 1.7 | n/m | 1.4 | n/m |
Net New Brokerage Assets | (1.2) | (1.6) | n/m | (1.3) | n/m |
Total Net New Assets | (0.1) | 0.1 | n/m | 0.1 | n/m |
Net Brokerage to Advisory Conversions | 0.6 | 0.7 | n/m | 0.6 | n/m |
(End of Period $ in billion, unless noted) | April | March | Change | April | Change |
2018 | 2018 | M/M | 2017 | Y/Y | |
Cash Sweep Balances | |||||
Insured Cash Account Balances | 22.2 | 22.6 | (1.8)% | 21.4 | 3.7% |
Deposit Cash Account Balances | 4.0 | 4.2 | (4.8)% | 3.9 | 2.6% |
Money Market Account Cash Balances | 2.7 | 2.9 | (6.9)% | 3.7 | (27.0)% |
Total Cash Sweep Balances | 28.9 | 29.6 | (2.4)% | 29.0 | (0.3)% |
Market Indices | |||||
S&P 500 (end of period) | 2,648 | 2,641 | 0.3% | 2,384 | 11.1% |
Fed Funds Effective Rate (average bps) | 169 | 151 | 11.9% | 91 | 85.7% |
For additional information regarding these and other
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*Based on total revenues, Financial Planning magazine June 1996-2017.
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Source: LPL Financial Holdings, Inc.