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The $2.7 billion acquisition raises eyebrows over its financial structure—and whether advisors will stick around long enough ...
The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...
The two former competitors for decades have fought over teams of financial advisors looking for a new place to work.
LPL Financial said it would acquire Commonwealth Financial Network, a privately owned wealth management company with about ...
Industry experts think LPL will have to work hard to retain Commonwealth advisors who were sold on the idea that they'd be ...
Cetera Financial Network President Todd Mackay has made an appeal to lure Commonwealth Financial Network financial advisors in the wake of that firm's acquisition by LPL Financial.
He penned an open letter touting Cetera as their "best home" in the wake of Commonwealth getting bought up by LPL.
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 ...
The LPL CEO says Commonwealth advisors have almost nothing to lose and much to gain by joining a firm whose headcount is fast ...
LPL Financial Holdings agreed to acquire independent wealth management firm Commonwealth Financial Network for about $2.7 billion. Under the transaction structure, wealth management firm LPL will ...
Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 ...