Wednesday, October 21, 2026The Morning EditionOpen AtlasSign inJoin free
FinancialADVSR

Est. 2026The front page of wealth managementNew York

The Morning EditionFree · 6:30 AM ETSubscribe
IN SpaceX’s AI segment now drives more than half its revenue. Here’s what advisors should watch nextFP Why AI might recommend your competitor instead of youFP Why clients are choosing phased retirement — and what advisors should know4K SPARK Forum Offering Scholarships for Retirement Plan AdvisorsFP What Schwab's new ETF platform fees mean for clients, advisorsWM RIA Platform Leaders Ask ‘What’s the Advantage in Having Your Own Form ADV?’IN Fake e-vite phishing scams put high-net-worth clients at riskRB Rick Wurster says Schwab is tackling its forced rationing of long/short SMAs with proprietary 'offering' to stretch balance sheet, but it may be more about a fee upside, a long/short manager saysIN Fintech bytes: 55ip, Vise, Syntax push tax-smart tools for RIAsWM $20B Modera Wealth Management Launches AI Operating Platform

Wealth Firm Earnings · LPLA

LPL Financial earnings

Client assets, net new assets, advisors, revenue, advisory assets, recruited assets and accounts, quarter by quarter, as LPL reports them, with the source for every number.

In Q2 2026, LPL reported $2.56T in client assets, up 34% from a year earlier and $23.1B in net new assets. Revenue was $5.2B, up 35% year over year.

Next reportNot announced yet

Latest releaseJuly 30, 2026

NewsLPL Financial coverage

Quarter by quarter

Client assets

Total Client Assets

  1. $1.92TQ2 2025
  2. $2.31TQ3 2025
  3. $2.37TQ4 2025
  4. $2.34TQ1 2026
  5. $2.56T$2.56TQ2 2026
Show as table
PeriodClient assets
Q2 2026$2.56T
Q1 2026$2.34T
Q4 2025$2.37T
Q3 2025$2.31T
Q2 2025$1.92T

Net new assets

Total Organic NNA

  1. $20.5BQ2 2025
  2. $32.7BQ3 2025
  3. $22.5BQ4 2025
  4. $21.4BQ1 2026
  5. $23.1B$23.1BQ2 2026
Show as table
PeriodNet new assets
Q2 2026$23.1B
Q1 2026$21.4B
Q4 2025$22.5B
Q3 2025$32.7B
Q2 2025$20.5B

Advisors

Advisors

  1. 29,353Q2 2025
  2. 32,128Q3 2025
  3. 32,178Q4 2025
  4. 32,144Q1 2026
  5. 32,47532,475Q2 2026
Show as table
PeriodAdvisors
Q2 202632,475
Q1 202632,144
Q4 202532,178
Q3 202532,128
Q2 202529,353

Revenue

Total revenue

  1. $3.8BQ2 2025
  2. $4.6BQ3 2025
  3. $4.9BQ4 2025
  4. $4.9BQ1 2026
  5. $5.2B$5.2BQ2 2026
Show as table
PeriodRevenue
Q2 2026$5.2B
Q1 2026$4.9B
Q4 2025$4.9B
Q3 2025$4.6B
Q2 2025$3.8B

Advisory assets

Client Assets: Advisory

  1. $1.06TQ2 2025
  2. $1.35TQ3 2025
  3. $1.39TQ4 2025
  4. $1.39TQ1 2026
  5. $1.55T$1.55TQ2 2026
Show as table
PeriodAdvisory assets
Q2 2026$1.55T
Q1 2026$1.39T
Q4 2025$1.39T
Q3 2025$1.35T
Q2 2025$1.06T

Recruited assets

Recruited AUM

  1. $18.4BQ2 2025
  2. $32.6BQ3 2025
  3. $14.5BQ4 2025
  4. $17.4BQ1 2026
  5. $24.9B$24.9BQ2 2026
Show as table
PeriodRecruited assets
Q2 2026$24.9B
Q1 2026$17.4B
Q4 2025$14.5B
Q3 2025$32.6B
Q2 2025$18.4B

Accounts

Total client accounts

  1. 10,500,000Q2 2025
  2. 11,400,000Q3 2025
  3. 11,600,000Q4 2025
  4. 11,700,000Q1 2026
  5. 11.8M11,800,000Q2 2026
Show as table
PeriodAccounts
Q2 202611,800,000
Q1 202611,700,000
Q4 202511,600,000
Q3 202511,400,000
Q2 202510,500,000

Month by month

Client assets

Total Client Assets

  1. $2.35TOctober 2025
  2. $2.36TNovember 2025
  3. $2.37TDecember 2025
  4. $2.41TJanuary 2026
  5. $2.43TFebruary 2026
  6. $2.34TMarch 2026
  7. $2.48TApril 2026
  8. $2.55TMay 2026
  9. $2.56T$2.56TJune 2026
Show as table
PeriodClient assets
June 2026$2.56T
May 2026$2.55T
April 2026$2.48T
March 2026$2.34T
February 2026$2.43T
January 2026$2.41T
December 2025$2.37T
November 2025$2.36T
October 2025$2.35T

Net new assets

Total Organic NNA

  1. $7.3BOctober 2025
  2. $6.7BNovember 2025
  3. $8.6BDecember 2025
  4. $4.2BJanuary 2026
  5. $9.1BFebruary 2026
  6. $8.1BMarch 2026
  7. $3.1BApril 2026
  8. $8.8BMay 2026
  9. $11.3B$11.3BJune 2026
Show as table
PeriodNet new assets
June 2026$11.3B
May 2026$8.8B
April 2026$3.1B
March 2026$8.1B
February 2026$9.1B
January 2026$4.2B
December 2025$8.6B
November 2025$6.7B
October 2025$7.3B

Advisory assets

Client Assets: Advisory

  1. $1.37TOctober 2025
  2. $1.39TNovember 2025
  3. $1.39TDecember 2025
  4. $1.42TJanuary 2026
  5. $1.44TFebruary 2026
  6. $1.39TMarch 2026
  7. $1.48TApril 2026
  8. $1.54TMay 2026
  9. $1.55T$1.55TJune 2026
Show as table
PeriodAdvisory assets
June 2026$1.55T
May 2026$1.54T
April 2026$1.48T
March 2026$1.39T
February 2026$1.44T
January 2026$1.42T
December 2025$1.39T
November 2025$1.39T
October 2025$1.37T

Reading these numbers

  • Net new assets are organic: they leave out assets that came with acquisitions.
  • From Q3 2025 the totals include Commonwealth Financial Network, which LPL acquired.
  • LPL renamed “total advisory and brokerage assets” to “total client assets” in Q1 2026.

Every figure and its source

Download CSV
PeriodFigureValueSource
June 2026Total Client Assets$2.56TSEC filingJuly 30, 2026
Q2 2026Total Client Assets$2.56TSEC filingJuly 30, 2026
June 2026Total Organic NNA+$11.3BSEC filingJuly 30, 2026
Q2 2026Total Organic NNA+$23.1BSEC filingJuly 30, 2026
Q2 2026Advisors32,475SEC filingJuly 30, 2026
Q2 2026Total revenue$5.2BSEC filingJuly 30, 2026
June 2026Client Assets: Advisory$1.55TSEC filingJuly 30, 2026
Q2 2026Client Assets: Advisory$1.55TSEC filingJuly 30, 2026
Q2 2026Recruited AUM$24.9BSEC filingJuly 30, 2026
Q2 2026Total client accounts11,800,000SEC filingJuly 30, 2026
May 2026Total Client Assets$2.55TSEC filingJuly 30, 2026
May 2026Total Organic NNA+$8.8BSEC filingJuly 30, 2026
May 2026Client Assets: Advisory$1.54TSEC filingJuly 30, 2026
April 2026Total Client Assets$2.48TSEC filingJuly 30, 2026
April 2026Total Organic NNA+$3.1BSEC filingJuly 30, 2026
April 2026Client Assets: Advisory$1.48TSEC filingJuly 30, 2026
March 2026Total Client Assets$2.34TSEC filingApril 30, 2026
Q1 2026Total Client Assets$2.34TSEC filingApril 30, 2026
March 2026Total Organic NNA+$8.1BSEC filingApril 30, 2026
Q1 2026Total Organic NNA+$21.4BSEC filingApril 30, 2026
Q1 2026Advisors32,144SEC filingApril 30, 2026
Q1 2026Total revenue$4.9BSEC filingApril 30, 2026
March 2026Client Assets: Advisory$1.39TSEC filingApril 30, 2026
Q1 2026Client Assets: Advisory$1.39TSEC filingApril 30, 2026
Q1 2026Recruited AUM$17.4BSEC filingApril 30, 2026
Q1 2026Total client accounts11,700,000SEC filingApril 30, 2026
February 2026Total Client Assets$2.43TSEC filingApril 30, 2026
February 2026Total Organic NNA+$9.1BSEC filingApril 30, 2026
February 2026Client Assets: Advisory$1.44TSEC filingApril 30, 2026
January 2026Total Client Assets$2.41TSEC filingApril 30, 2026
January 2026Total Organic NNA+$4.2BSEC filingApril 30, 2026
January 2026Client Assets: Advisory$1.42TSEC filingApril 30, 2026
December 2025Total Advisory and Brokerage Assets$2.37TSEC filingJanuary 29, 2026
Q4 2025Total Advisory and Brokerage Assets$2.37TSEC filingJanuary 29, 2026
December 2025Total Organic Net New Assets+$8.6BSEC filingJanuary 29, 2026
Q4 2025Total Organic Net New Assets+$22.5BSEC filingJanuary 29, 2026
Q4 2025Advisors32,178SEC filingJanuary 29, 2026
Q4 2025Total revenue$4.9BSEC filingJanuary 29, 2026
December 2025Advisory assets$1.39TSEC filingJanuary 29, 2026
Q4 2025Advisory assets$1.39TSEC filingJanuary 29, 2026
Q4 2025Recruited AUM$14.5BSEC filingJanuary 29, 2026
Q4 2025Total client accounts11,600,000SEC filingJanuary 29, 2026
November 2025Total Advisory and Brokerage Assets$2.36TSEC filingJanuary 29, 2026
November 2025Total Organic Net New Assets+$6.7BSEC filingJanuary 29, 2026
November 2025Advisory assets$1.39TSEC filingJanuary 29, 2026
October 2025Total Advisory and Brokerage Assets$2.35TSEC filingJanuary 29, 2026
October 2025Total Organic Net New Assets+$7.3BSEC filingJanuary 29, 2026
October 2025Advisory assets$1.37TSEC filingJanuary 29, 2026
Q3 2025Total Advisory and Brokerage Assets$2.31TSEC filingOctober 30, 2025
Q3 2025Total Organic Net New Assets+$32.7BSEC filingOctober 30, 2025
Q3 2025Advisors32,128SEC filingOctober 30, 2025
Q3 2025Total revenue$4.6BSEC filingOctober 30, 2025
Q3 2025Advisory assets$1.35TSEC filingOctober 30, 2025
Q3 2025Recruited AUM$32.6BSEC filingOctober 30, 2025
Q3 2025Total client accounts11,400,000SEC filingOctober 30, 2025
Q2 2025Total Advisory and Brokerage Assets$1.92TSEC filingJuly 31, 2025
Q2 2025Total Organic Net New Assets+$20.5BSEC filingJuly 31, 2025
Q2 2025Advisors29,353SEC filingJuly 31, 2025
Q2 2025Total revenue$3.8BSEC filingJuly 31, 2025
Q2 2025Advisory assets$1.06TSEC filingJuly 31, 2025
Q2 2025Recruited AUM$18.4BSEC filingJuly 31, 2025
Q2 2025Total client accounts10,500,000SEC filingJuly 31, 2025

Questions

How much in client assets does LPL have?

LPL Financial reported $2.56T in client assets (“Total Client Assets”) at the end of Q2 2026, according to its release on July 30, 2026.

What were LPL’s net new assets in Q2 2026?

+$23.1B, reported as “Total Organic NNA” in its release on July 30, 2026.

How many financial advisors does LPL have?

32,475 at the end of Q2 2026, as reported in “Q2 2026 earnings release (Form 8-K, Exhibit 99.1)”.

When does LPL report earnings next?

LPL Financial hasn’t announced its next earnings date yet. It is added here once the company announces it.

Our LPL coverage

All LPL Financial news