News

Agreements from LPL Financial and Betterment top a host of merger and acquisition activity that has jumped since the start of ...
LPL is offering Commonwealth advisors retention bonuses and reassurances that service and workplace culture aren’t changing.
Kestra and Cetera have joined Raymond James in their pursuit of Commonwealth advisors, while Fidelity is also pushing RIAs to ...
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.
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LPL Financial to buy Commonwealth Financial for $2.7bn
LPL will explore ways to bring Commonwealth's advisor experience and capabilities, developed with Advisor360°, to its ecosystem.
The executives said that one RIA focused on Commonwealth’s financial advisors is Concurrent Investment Advisors, with $9.9 ...
The LPL CEO says Commonwealth advisors have almost nothing to lose and much to gain by joining a firm whose headcount is fast approaching 29,000. (Plus, experts say he'll be writing big checks.) ...
It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL ...
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 ...
LPL Financial Holdings has reached a definitive agreement to acquire Commonwealth Financial Network in a deal valued at around $2.7bn. The deal is slated for completion in the second half of 2025 ...
“LPL Financial” or “LPL”) today announced that it has entered into a definitive purchase agreement to acquire Commonwealth Financial Network (“Commonwealth”), the largest independently ...
LPL Financial, the nation's largest independent broker-dealer, announced this morning that it is acquiring Commonwealth Financial Network, an elite Waltham, Mass.-based RIA/broker-dealer with more ...