LPL Financial Dips 0.55% as Trading Volume Slumps to 447th in Market Rankings Amid RIA Expansion

On August 25, 2025, LPL Financial (LPLA) closed down 0.55%, with a trading volume of $200 million, a 38.6% decline from the prior day’s activity. The stock ranked 447th in trading volume among listed equities, signaling subdued investor interest.

LPL recently expanded its registered investment advisor (RIA) platform by welcoming financial advisors Jenna Vitosh and Natalie Paige to launch Chloey Wealth. The duo, previously affiliated with Edward Jones and New York Life, oversees $140 million in advisory and retirement assets. Their focus on young families and pre-retirees aligns with LPL’s strategy to attract independent advisors seeking autonomy while leveraging the firm’s resources. This move highlights LPL’s competitive positioning in the RIA market, where firms like Cetera and Raymond James are also actively recruiting talent.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 yielded a total return of 31.52% over 365 days, with a 1-day average return of 0.98%. The approach showed a 7.02% gain in June 2023 but a -4.65% loss in September 2022, underscoring its sensitivity to market volatility while maintaining an overall positive trend.