commonwealth financial network

LPL plans to acquire Commonwealth Financial Network, a wealth management company with $285 billion in assets that relies on Fidelity for clearing and custody.

InvestmentNews · 2d

LPL to buy rival Commonwealth Financial Network for $2.7 billion in all-cash deal

The two former competitors for decades have fought over teams of financial advisors looking for a new place to work.

GlobalData on MSN · 1d

LPL Financial to buy Commonwealth Financial for $2.7bn

LPL will explore ways to bring Commonwealth's advisor experience and capabilities, developed with Advisor360°, to its ecosystem.

Financial Planning3h

Commonwealth wins appeal of $93M SEC penalty ahead of LPL purchase

A court of appeals agreed with Commonwealth's contention that a jury should decide if investors were harmed by investment ...

1don MSN

LPL Financial to Buy Commonwealth for $2.7 Billion

The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...

Financial Advisor6h

Commonwealth Wins Reversal Of $93M SEC Award Over Revenue-Sharing

Commonwealth Financial Network, one of the country's largest broker-dealers, has won the reversal of $93 million enforcement action brought against it by the Securities and Exchange Commission over ...

Commonwealth Financial $93 Million to SEC Pulled on Appeal (1)

Commonwealth Financial Network doesn’t have to pay the SEC over $93 million for purportedly paltry disclosures of its revenue ...

Financial Advisor IQ15h

‘Cultural Risk,’ Retention Costs to Accompany LPL’s Big Deal for Commonwealth

As it happens, Steinmeier's statement was literal: LPL on Monday announced that it had reached a deal to acquire Commonwealth, which has about 2,900 advisors and around $285 billion in brokerage and ...