LPL Financial Holdings' (LPLA) unit LPL Financial LLC said Thursday that advisory and brokerage assets in October rose 5.1% to $1.673 trillion from September.
Net new assets for October were $96.6 billion, including $88 billion of acquired net new assets from the acquisition of Atria Wealth Solutions and $0.3 billion from Liquidity & Succession activity, the company said.
Client cash balances were $48.3 billion in October, up from $45.8 billion in September, the company said.
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