News

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.) ...
LPL is offering Commonwealth advisors retention bonuses and reassurances that service and workplace culture aren’t changing.
The broker-dealer giant has opened up a new management level, elevating several longtime leaders who've supported key pillars ...
Nearly six months after suddenly becoming CEO of LPL Financial, Rich Steinmeier is settling into his new role and setting his sights on a new North Star for the wealth management company.
Rich Steinmeier, who took over unexpectedly as CEO of LPL Financial Holdings Inc. last fall, wants the independent broker-dealer behemoth to compete with the top tier wealth management firms on ...
LPL Financial is channeling restaurateur Will Guidara 's concept of "unreasonable hospitality" to elevate its service, said Chief Executive Officer Rich Steinmeier, charging an ever-expanding roster ...
LPL Financial LLC (Nasdaq:LPLA), today announced that five of its executives have been promoted into new Managing Director roles. Christa Carone, Gary Carrai, Brett Goodman, Scott Posner and Brent ...
That's what LPL CEO Rich Steinmeier told analysts in a call Monday after his firm announced earlier in the day it was buying Commonwealth in a deal valued at $2.7 billion. The purchase ...
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 is offering Commonwealth advisors retention ... that included a Florida beach-side meeting between LPL CEO Rich Steinmeier and Commonwealth founder Joseph Deitch. That phase may have been ...
Greg Gates and Aneri Jambusaria will become Group Managing Directors and will continue in their roles on LPL’s Management Committee alongside CEO Rich Steinmeier and President and CFO Matt Audette.