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, 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 ...

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 ...

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

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

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 ...

Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 times in a row by J.D. PowerFounder of Commonwealth to ...

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 ...