LPL Financial Holdings Client Cash — Asset-Based Fees Revenue remained flat by 0.0% to $414.45M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.2%, from $356.63M to $414.45M. Over 4 years (FY 2021 to FY 2025), Client Cash — Asset-Based Fees Revenue shows an upward trend with a 46.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher client cash balances or a favorable interest rate environment, while a decrease indicates lower cash holdings or compressed interest margins.
This metric represents the revenue generated from fees charged on client cash balances held within the firm's brokerage...
Comparable to net interest income or cash sweep revenue reported by other independent broker-dealers and wealth management platforms.
lpla_segment_client_cash_asset_based_fees_revenue| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $360.85M | $953.62M | $1.51B | $1.43B | $1.66B |
| YoY Change | — | +164.3% | +58.3% | -5.5% | +16.2% |