LPL is offering Commonwealth advisors retention bonuses and reassurances that service and workplace culture aren’t changing.

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

Kestra and Cetera have joined Raymond James in their pursuit of Commonwealth advisors, while Fidelity is also pushing RIAs to ...

Agreements from LPL Financial and Betterment top a host of merger and acquisition activity that has jumped since the start of ...

After rumors of the deal grew louder last week, LPL Financial has announced it is purchasing broker/dealer Commonwealth Financial Network for $2.7 billion. It is expected that Commonwealth’s ...

LPL Financial Holdings Inc. on Monday morning said it was acquiring Commonwealth Financial Network, a long-standing rival in the wealth management industry. The price tag? LPL is paying $2.7 ...

The LPL CEO says Commonwealth advisors have almost nothing to lose and much to gain by joining a firm whose headcount is fast approaching 29,000. (Plus, experts say he'll be writing big checks.) ...

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 ...

“LPL Financial” or “LPL”) today announced that it has entered into a definitive purchase agreement to acquire Commonwealth Financial Network (“Commonwealth”), the largest independently ...

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 ...