LPL Financial's Stock Surges 1.67% on $290M Volume, Ranks 312th in Market Activity

On August 21, 2025, LPL Financial (LPLA) saw a 1.67% rise in its stock price, with a trading volume of $0.29 billion, a 35.64% increase from the previous day, ranking it 312th in market activity. The firm announced the onboarding of Chloey Wealth, a women-led advisory team led by Jenna Vitosh and Natalia Paige, who bring $140 million in assets under management. The team, based in Lincoln, Nebraska, combines 20 years of experience from prior roles at Edward Jones and New York Life. Their focus on holistic financial planning for young families and pre-retirees aligns with LPL’s expanding client base and advisor network.

The partnership underscores LPL’s appeal to independent advisors seeking flexibility and institutional support. Vitosh and Paige highlighted LPL’s autonomy and branding capabilities as key factors in their decision to join the platform. The firm, which supports over 29,000 advisors and $1.9 trillion in assets, continues to attract professionals with diverse expertise, enhancing its position as a leader in advisor-led wealth management. The integration of Chloey Wealth reflects LPL’s strategy to foster innovation while maintaining its core strengths in scalable financial services.

Historically, strategies leveraging high-volume stocks have shown mixed performance. A backtest of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 yielded a compound annual growth rate of 6.98%. However, the approach faced a maximum drawdown of 15.59% in mid-2023, emphasizing the need for risk mitigation in volume-driven trading. While the strategy demonstrated steady growth over time, investors are cautioned to balance potential returns with market volatility.