The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...
LPL plans to acquire Commonwealth Financial Network, a wealth management company with $285 billion in assets that relies on ...
LPL will explore ways to bring Commonwealth's advisor experience and capabilities, developed with Advisor360°, to its ...
A court of appeals agreed with Commonwealth's contention that a jury should decide if investors were harmed by investment ...
The two former competitors for decades have fought over teams of financial advisors looking for a new place to work.
Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 ...
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 held talks with rival Commonwealth Financial Network about a potential acquisition, according to two news ...
“LPL Financial” or “LPL”) today announced that it has entered into a definitive purchase agreement to acquire Commonwealth Financial Network (“Commonwealth”), the largest independently ...
It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL ...
虽然交易细节尚未披露,也没有官方确认,但Commonwealth Financial在独立注册投资顾问(RIA)和经纪行业中被认为是高质量的实体。它也被认为是该板块中最大的私人持有独立公司,由于其稀缺性而具有独特价值。LPL Financial从实力位置接近这一潜在收购,当前比率为2.12,过去十二个月收入增长强劲,达22.49%。
Rich Steinmeier, CEO of LPL Financial Holdings Inc., first reached out to Joe Deitch, owner and chairman of Commonwealth ...