LPL Financial Shares Rise 2.13% Despite 23.34% Volume Drop Ranked 280th in Market Activity

LPL Financial (LPLA) rose 2.13% on July 30, 2025, with a trading volume of $0.45 billion, a 23.34% drop from the previous day’s volume, ranking it 280th in the market by trading activity.

The firm announced the addition of Sheri Johnston and Jason Hotzler from ProsperLane Financial to its broker-dealer and RIA platforms. The duo brings approximately $250 million in advisory, brokerage, and retirement plan assets, leveraging over 25 years of combined experience. Their focus on young professionals and family-owned businesses aligns with LPL’s strategy to expand its client base and enhance technological capabilities for advisor growth and succession planning.

A backtest of a strategy involving purchasing the top 500 stocks by daily trading volume and holding them for one day yielded a 166.71% return from 2022 to the present, significantly outperforming the benchmark return of 29.18%. The strategy achieved a compound annual growth rate (CAGR) of 31.89% and demonstrated strong risk-adjusted performance with a Sharpe ratio of 1.14 and a maximum drawdown of 0.00%.