LPLA LPL Financial Holdings Inc

Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today released its monthly activity report for November 2017.

Total brokerage and advisory assets served at the end of November were approximately $575 billion, a 1.5 percent increase compared to the end of October 2017. Total net new assets for November were $1.3 billion. Total client cash sweep balances at the end of November were $27.7 billion, flat compared to October 2017.

(End of Period $ in billions, unless noted)	November		October		%
	2017		2017		Change
Assets Served
Brokerage Assets	314.3		311.6		0.9 %
Advisory Assets	260.7		254.8		2.3 %
Total Brokerage and Advisory Assets	575.0		566.4		1.5 %
Net New Advisory Assets	2.3		1.7		n/m
Net New Brokerage Assets	(1.0)		(1.1)		n/m
Total Net New Assets	1.3		0.6		n/m
Net Brokerage to Advisory Conversions	0.7		0.7		n/m
Insured Cash Account Balances	21.6		21.5		0.5 %
Deposit Cash Account Balances	3.9		3.9		0.0 %
Money Market Account Cash Balances	2.2		2.3		(4.3%)
Total Cash Sweep Balances	27.7		27.7		0.0 %
Market Indices
S&P 500 (end of period)	2,648		2,575		2.8%
Fed Funds Effective Rate (average bps)	116		116		n/m

For additional information regarding these and other LPL Financial business metrics, please refer to the company’s most recent earnings release, which is available in the Press Releases section of investor.lpl.com.   About LPL Financial LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and provided service to approximately $575 billion in brokerage and advisory assets as of Nov. 30, 2017. LPL is one of the fastest growing RIA custodians and the nation’s largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2017), and the firm and its financial advisors were ranked No. 1 in net customer loyalty in a 2016 Cogent Reports™ study. The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 financial advisors and over 700 financial institutions as of Sept. 30, 2017, enabling them to provide a range of financial services including wealth management, retirement planning, financial planning and other investment services to help their clients turn life’s aspirations into financial realities. As of Sept. 30, 2017, financial advisors associated with LPL served more than 4 million client accounts across the U.S. as well as an estimated 41,000 retirement plans with an estimated $137 billion in retirement plan assets. Additionally, LPL supports approximately 3,700 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,500 employees with primary offices in Boston, Charlotte, and San Diego. For more information, visit www.lpl.com.

Securities and Advisory Services offered through LPL Financial. A registered investment advisor, Member FINRA/SIPC.

Investor Relations – Chris Koegel, (617) 897-4574Media Relations – Jeff Mochal, (704) 733-3589investor.lpl.com/contactus.cfm