LPL Financial’s acquisition of Commonwealth last year sparked a recruiting frenzy for rival firms.
The financial advice industry's curiosity regarding LPL's success in keeping Commonwealth advisors is feverish.
The company has seen hundreds of former Commonwealth Financial Network advisors depart in recent months, according to a ...
According to a note Monday from Wolfe Research, the biggest net gainers last year of financial advisors were: LPL Financial, ...
LPL Financial purchased Commonwealth Financial Network last year, with a retention rate goal of 90%, a target that has been expressed both in terms of headcount and assets during earnings calls. As ...
As of Sept. 30, 2025, Cetera firms manage approximately $625 billion in assets under administration and $284 billion in ...
SAN DIEGO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA), together with its subsidiaries, including LPL Financial LLC, announced the closing of its acquisition of ...
Just a day before his firm's completed purchase of Commonwealth Financial Network, LPL CEO Rich Steinmeier said there's been nothing surprising in the small number of advisors who've decided to take ...
LPL currently has commitments in the low 80% range of Commonwealth assets, and those are larger, faster-growing teams.
LPL Financial said it was reducing fees to advisors on several platforms as it reported a robust increase in assets to $2.3 trillion following its acquisition of Commonwealth Financial Network in a ...
One development emerging from LPL Financial’s $2.7 billion acquisition of Commonwealth Financial Network is that a significant number of Commonwealth reps are opting to drop their securities license ...
WALTHAM, Mass.--(BUSINESS WIRE)-- Commonwealth Financial Network®, a national RIA dedicated to providing financial advisors with holistic, integrated business solutions, announced the addition of ...