On April 1, the U.S. Court of Appeals for the First Circuit vacated a summary judgment ruling in favor of the Securities and Exchange Commission ...

The six-year long legal battle between Commonwealth Financial Network and the Securities and Exchange Commission over the firm’s mutual fund revenue sharing practices took a sharp turn in Commonwealth ...

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 Network won its appeal of a $93.2 million penalty in a SEC case over mutual fund recommendations. A three judge panel of the First Circuit Court of Appeals sided with ...

On April 1, 2025, the United States Court of Appeals for the First Circuit overturned a $93 million judgment issued against Commonwealth ...

A federal appeals court has struck down a $93.3 million judgment against Commonwealth Financial Network over alleged revenue-sharing disclosure breaches and remanded the case to federal district court ...

Agreements from LPL Financial and Betterment top a host of merger and acquisition activity that has jumped since the start of ...

It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL ...

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

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

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides financial advisors with holistic, integrated solutions that support business evolution, growth ...