Why Fidelity Likely Will Take a Hit From LPL Financial’s Big Deal
LPL plans to acquire Commonwealth Financial Network, a wealth management company with $285 billion in assets that relies on ...
Financial Planning17h
Commonwealth wins appeal of $93M SEC penalty ahead of LPL purchase
A court of appeals agreed with Commonwealth's contention that a jury should decide if investors were harmed by investment ...
InvestmentNews2d
LPL purchase of Commonwealth started with CEO's email
Rich Steinmeier, CEO of LPL Financial Holdings Inc., first reached out to Joe Deitch, owner and chairman of Commonwealth ...
InvestmentNews3d
LPL to buy rival Commonwealth Financial Network for $2.7 billion in all-cash deal
The two former competitors for decades have fought over teams of financial advisors looking for a new place to work.
Financial Advisor IQ1d
‘Cultural Risk,’ Retention Costs to Accompany LPL’s Big Deal for Commonwealth
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 ...
LPLA to Buy Commonwealth Financial, Boost Wealth Management Offerings
LPL Financial is set to buy Commonwealth Financial for $2.7 billion. The buyout is likely to be accretive to 2026 adjusted earnings.
LPL Financial to acquire Commonwealth Financial Network for $2.7B in cash
Holdings announced that it has entered into a definitive purchase agreement to acquire Commonwealth Financial Network, the ...
LPL Financial to Acquire Commonwealth Financial Network
Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 ...