Week’s Best: LPL to Buy Commonwealth
LPL Financial said it would acquire Commonwealth Financial Network, a privately owned wealth management company with about ...
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 ...
LPL Financial to Buy Commonwealth for $2.7 Billion
The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...
InvestmentNews6d
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 Planning2d
LPL's Steinmeier 'maniacally focused' on making Commonwealth advisors feel at home
The LPL CEO says Commonwealth advisors have almost nothing to lose and much to gain by joining a firm whose headcount is fast ...
Financial Planning5d
LPL to 'bend' to become more like Commonwealth, Steinmeier says
Industry experts think LPL will have to work hard to retain Commonwealth advisors who were sold on the idea that they'd be ...
InvestmentNews9d
Add Commonwealth Financial – a blockbuster – to the list of potential LPL targets
LPL Financial and Commonwealth Financial Network, two of the of the most prominent firms for independent contractor brokers, ...
PLANADVISER6d
LPL Financial Acquiring Commonwealth Financial Network
It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL ...
Financial Advisor IQ4d
‘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 ...
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 ...
The National Law Review6d
LPL Financial to Acquire Commonwealth Financial Network
Goldman Sachs & Co. LLC is acting as exclusive financial advisor to Commonwealth, with Ropes & Gray LLP serving as Commonwealth’s legal counsel. Commonwealth Financial Network, Member FINRA/SIPC ...