Discontinued — last reported Q3 '19
Products & Services · Asset Based Fees
Cashsweep Revenue — Asset Based Fees
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ3 2019
How to read this metric
An increase indicates higher client cash balances or rising interest rates, while a decrease suggests lower cash levels or a compression in net interest margins.
Detailed definition
This metric represents the revenue generated from fees charged on client cash balances that are swept into interest-bear...
Peer comparison
Comparable to net interest income from sweep programs at other large independent broker-dealers and wealth management platforms.
Metric ID:
lpla_segment_cashsweep_revenue_asset_based_feesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does cashsweep revenue — asset based fees mean?
- Revenue earned from fees on client cash balances held in sweep accounts.