Rich Steinmeier, CEO of LPL Financial Holdings Inc., first reached out to Joe Deitch, owner and chairman of Commonwealth ...

Rich Steinmeier, who took over unexpectedly as CEO of LPL Financial Holdings Inc. last fall, wants the independent ...

Chief Executive Rich Steinmeier says he is ready to compete with the biggest names in the wealth management industry.

Industry experts think LPL will have to work hard to retain Commonwealth advisors who were sold on the idea that they'd be ...

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 ...

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

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

LPL Financial Holdings, together with its subsidiaries, including LPL Financial LLC, today announced that it has entered into a definitive purchase agreement to acquire the Commonwealth Financial ...

LPL Financial said it's reached a deal to acquire the privately held hybrid registered investment advisory behemoth Commonwealth Financial Network for around $2.7 billion in cash.

LPL Financial (LPLA) is acquiring Commonwealth Financial Network, a privately owned wealth management firm with nearly 3,000 advisors, for ...

Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 ...

and their commitment to the success of their Advisors is embedded in all aspects of their business,” said Rich Steinmeier, LPL Financial chief executive officer. “A complement to LPL’s ...