The LPL CEO says Commonwealth advisors have almost nothing to lose and much to gain by joining a firm whose headcount is fast ...

Rich Steinmeier, CEO of LPL Financial Holdings Inc., first reached out to Joe Deitch, owner and chairman of Commonwealth ...

Industry experts think LPL will have to work hard to retain Commonwealth advisors who were sold on the idea that they'd be ...

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 will explore ways to bring Commonwealth's advisor experience and capabilities, developed with Advisor360°, to its ...

LPL Financial, the nation's largest independent broker-dealer, is reportedly acquiring Commonwealth Financial Network, an elite Waltham, Mass.-based RIA/broker-dealer with more than $300 billion in ...

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, ...

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.

LPL Financial is set to buy Commonwealth Financial for $2.7 billion. The buyout is likely to be accretive to 2026 adjusted earnings.

LPL Chief Executive Officer (CEO) Rich Steinmeier said his firm was attracted to Commonwealth Financial Network because of its corporate culture and advisor talent. LPL said it would acquire 100% ...

It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL ...