The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...

Wealth management company LPL Financial Holdings Inc. (LPLA) announced on Monday that it will acquire integrated business ...

The two former competitors for decades have fought over teams of financial advisors looking for a new place to work.

LPL Financial said it's reached a deal to acquire the privately held hybrid registered investment advisory behemoth Commonwealth Financial Network for around $2.7 billion in cash.

Rich Steinmeier, who took over unexpectedly as CEO of LPL Financial Holdings Inc. last fall, wants the independent ...

Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 ...

LPL Financial Holdings, together with its subsidiaries, including LPL Financial LLC, today announced that it has entered into a definitive purchase agreement to acquire the Commonwealth Financial ...

Wealth management company LPL Financial Holdings said on Monday that it has agreed to buy Commonwealth Financial Network, the largest independently-owned wealth management firm in the US, for around ...

Rich Steinmeier doesn’t want to think of LPL Financial as just an independent broker-dealer. Now six months into his stint as ...

Nearly six months after suddenly becoming CEO of LPL Financial, Rich Steinmeier is settling into his new role and setting his sights on a new North Star for the wealth management company.

CEO Rich Steinmeier said during the earnings call that the company is looking at both organic and inorganic strategies to continue its growth. “Against an evolving market backdrop, we remain ...

LPL Financial (LPLA) is acquiring Commonwealth Financial Network, a privately owned wealth management firm with nearly 3,000 financial advisors, for $2.70 billion U.S. in cash. Based in San Diego, ...