Commonwealth Financial $93 Million to SEC Pulled on Appeal (2)
Commonwealth Financial Network doesn’t have to pay the SEC over $93 million for purportedly paltry disclosures of its revenue ...
InvestmentNews3d
Commonwealth clocks big win in battle with SEC over revenue sharing
The six-year long legal battle between Commonwealth Financial Network and the Securities and Exchange Commission over the ...
Financial Planning4d
Commonwealth wins appeal of $93M SEC penalty ahead of LPL purchase
A court of appeals agreed with Commonwealth's contention that a jury should decide if investors were harmed by investment ...
Financial Advisor4d
Commonwealth Wins Reversal Of $93M SEC Award Over Revenue-Sharing
Commonwealth Financial Network, one of the country's largest broker-dealers, has won the reversal of $93 million enforcement action brought against it by the Securities and Exchange Commission over ...
Financial Advisor8d
LPL Financial Acquires Commonwealth For $2.7 Billion
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 ...
The Business Journals3d
LPL Financial to acquire Waltham investment adviser for $2.7B
Commonwealth Financial Network announced its potential acquisition ... a Massachusetts federal court decision siding with the SEC, which sued Commonwealth in 2019 over claims it didn’t reveal ...
Financial Advisor IQ5d
Commonwealth's $93M Rev-Sharing Judgment Struck Down
A federal appeals court has struck down a $93.3 million judgment against Commonwealth Financial Network over alleged revenue-sharing disclosure breaches and remanded the case to federal district court ...
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 ...
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 ...
Financial Planning6d
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 ...
LPL Financial Announces Proposed $1.5 Billion Common Stock Offering
SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) today announced that it ...