LPL Financial’s March 31 announcement that it will acquire rival Commonwealth Financial Network for approximately $2.7 billion came after intense negotiations that included a Florida beach-side ...
Across the wealth management industry, 2025 is shaping up to be a very busy recruiting year. The reason? Nearly 3,000 financial advisors managing $285 billion in assets for one of the most respected ...
LPL Financial CEO Rich Steinmeier is confident his firm can absorb the much smaller Commonwealth Financial Network, in part because it has done something similar before. LPL transferred over all 33 of ...