LPL Financial and Commonwealth Financial Network, two of the of the most prominent firms for independent contractor brokers, ...
The two former competitors for decades have fought over teams of financial advisors looking for a new place to work.
The deal, expected to close in the second half of the year, will bring in $16 billion in client assets and 110 advisors.
The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...
LPL Financial said it would acquire Commonwealth Financial Network, a privately owned wealth management company with about ...
Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 ...
Wealth management company LPL Financial Holdings Inc. (LPLA) announced on Monday that it will acquire integrated business ...
LPL Financial held talks with rival Commonwealth Financial Network about a potential acquisition, according to two news ...
Industry experts think LPL will have to work hard to retain Commonwealth advisors who were sold on the idea that they'd be ...
It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL ...
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 ...
Commonwealth provides integrated business solutions and services for approximately 2,900 financial advisors ... bring to all Advisors across the LPL network. In addition, LPL’s advanced ...