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

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

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

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 ...

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

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

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 ...

LPL Financial (LPLA) is acquiring Commonwealth Financial Network, a privately owned wealth management firm with nearly 3,000 financial advisors, for $2.70 billion U.S. in cash. Based in San Diego, ...

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 Chief Executive Officer (CEO) Rich Steinmeier said his firm was attracted to Commonwealth Financial Network because of its corporate culture and advisor talent. LPL said it would acquire 100% ...