The LPL CEO says Commonwealth advisors have almost nothing to lose and much to gain by joining a firm whose headcount is fast ...

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

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

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

Commonwealth Financial Network, a Waltham investment advisory firm that’s operated independently since its founding 46 years ...

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

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

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 ...

Nearly six months after suddenly becoming CEO of LPL Financial, Rich Steinmeier is settling into his new role and setting his sights on a new North Star for the wealth management company.

LPL Financial, the nation's largest independent broker-dealer, is reportedly acquiring Commonwealth Financial Network, an elite Waltham, Mass.-based RIA/broker-dealer with more than $300 billion in ...