Commonwealth Financial Network, one of the country's largest broker-dealers, has won the reversal of $93 million enforcement action brought against it by the Securities and Exchange Commission over ...

On April 1, the U.S. Court of Appeals for the First Circuit vacated a summary judgment ruling in favor of the Securities and Exchange Commission ...

The six-year long legal battle between Commonwealth Financial Network and the Securities and ... court's grant of summary judgment for the SEC and the disgorgement order, sending the case back ...

Commonwealth Financial Network won its appeal of a $93.2 million penalty in a SEC case over mutual fund recommendations. A three judge panel of the First Circuit Court of Appeals sided with ...

On April 1, 2025, the United States Court of Appeals for the First Circuit overturned a $93 million judgment issued against Commonwealth ...

LPL Financial said it would acquire Commonwealth Financial Network, a privately owned wealth management company with about 2,900 financial advisors, for about $2.7 billion in cash. The deal will ...

LPL plans to acquire Commonwealth Financial Network, a wealth management company with $285 billion in assets that relies on Fidelity for clearing and custody.

After rumors of the deal grew louder last week, LPL Financial has announced it is purchasing broker/dealer Commonwealth Financial Network for $2.7 billion. It is expected that Commonwealth’s ...

LPL Financial and Commonwealth Financial Network, two of the of the most prominent ... Commission over $93 million in penalties related to SEC claims related to the firm’s revenue sharing ...

Agreements from LPL Financial and Betterment top a host of merger and acquisition activity that has jumped since the start of ...

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 would ...

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides financial advisors with holistic, integrated solutions that support business evolution, growth ...