LPL Financial Reports a Rise in October Brokerage & Advisory Assets

LPL Financial LPLA witnessed a rise in total brokerage and advisory assets in October 2025. The metric was $2.35 trillion, which increased 1.6% from the previous month and 40.5% year over year.LPLA’s October Performance BreakdownOf the company’s total assets, brokerage assets were $976.8 billion, whereas advisory assets amounted to $1.37 trillion. Brokerage assets increased 1% from September 2025 and 28.1% year over year. On the other hand, advisory assets rose 2% from the previous month and 50.9% from October 2024.Total organic net new assets (NNAs) were $7.3 billion. It included $0.7 billion of assets from First Horizon Bank that were onboarded in October, and $0.5 billion of off-boarded assets as part of the previously disclosed planned separation from misaligned large offices of supervisory jurisdiction. Prior to these impacts, organic NNAs were $7 billion.LPL Financial reported $54.9 billion of total client cash balance in October 2025, down 1.6% from the prior month but up 13.7% from October 2024. Of the total balance, $36.4 billion was insured cash, $12.8 billion was deposit cash and the remaining was money-market sweep and client cash balance.Our Take on LPL FinancialLPL Financial’s solid advisor productivity and recruiting efforts will likely continue to support advisory revenues. The company is expected to keep expanding inorganically, which will help diversify operations. However, uncertainty about the performance of the capital markets and substantial goodwill on its balance sheet are worrisome.In the past year, LPLA shares have risen 4.9% compared with the industry’s growth of 20.4%.Image Source: Zacks Investment ResearchCurrently, LPL Financial carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performance of LPLA’s PeersFor October 2025, Charles Schwab’s SCHW total client assets were $11.83 trillion, up 20.1% from October 2024 and 2% sequentially. This was driven by volatile markets during the month.Client assets receiving ongoing advisory services were $5.91 trillion, growing 19% from the year-ago period and 1.8% from the previous month. SCHW’s core NNAs of $44.4 billion in October 2025 surged substantially from the prior-year month and declined 3.9% sequentially.Interactive Brokers Group, Inc.’s IBKR Electronic Brokerage segment, which deals with the clearance and settlement of trades for individual and institutional clients globally, reported a rise in client Daily Average Revenue Trades (DARTs) in October 2025.IBKR’s total client DARTs were 4,472,000, representing a 58.4% increase from October 2024 and a 15.7% rise from September 2025.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Charles Schwab Corporation (SCHW): Free Stock Analysis Report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report LPL Financial Holdings Inc. (LPLA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks