Why Fidelity Likely Will Take a Hit From LPL Financial’s Big Deal
LPL plans to acquire Commonwealth Financial Network, a wealth management company with $285 billion in assets that relies on ...
LPL Financial LLC Grows Stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)
LPL Financial LLC grew its holdings in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Free Report) by 32.2% ...
Financial Planning1d
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 ...
Financial Advisor IQ2d
‘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 ...
Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Shares Acquired by LPL Financial LLC
LPL Financial LLC lifted its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Free Report) ...
InvestmentNews4d
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.
LPL Financial to acquire Waltham investment adviser for $2.7B
Commonwealth Financial Network, a Waltham investment advisory firm that’s operated independently since its founding 46 years ...
LPL Financial (LPLA) Receives a Rating Update from a Top Analyst
In a report released yesterday, Craig Siegenthaler from Bank of America Securities maintained a Buy rating on LPL Financial (LPLA – Research ...
Financial Advisor IQ1d
LPL Exec Joins Wells as Head of FA Recruiting
Farhad Firoozi joined Wells on Tuesday, a spokesperson for the bank confirmed. Firoozi replaces Brendan Krebs, who left for PNC Investments in November. The role since Krebs' departure had been ...
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LPLA to Buy Commonwealth Financial, Boost Wealth Management Offerings
LPL Financial is set to buy Commonwealth Financial for $2.7 billion. The buyout is likely to be accretive to 2026 adjusted earnings.