LPL Financial said it's reached a deal to acquire the privately held hybrid registered investment advisory behemoth Commonwealth Financial Network for around $2.7 billion in cash.
The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...
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LPL Financial Holdings To Acquire Commonwealth Financial Network For $2.7B In Cash — Retail Turns NeutralWealth management company LPL Financial Holdings Inc. (LPLA) announced on Monday that it will acquire integrated business ...
It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL platform mid-2026, joining the nearly 29,000 LPL advisers.
LPL Financial and Commonwealth Financial Network, two of the of the most prominent firms for independent contractor brokers, ...
Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assetsCommonwealth ranked #1 in Independent Advisor Satisfaction 11 times in a row by J.D. PowerFounder of Commonwealth to ...
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