InvestmentNews

Add Commonwealth Financial – a blockbuster – to the list of potential LPL targets

Chatter about LPL, a behemoth with 29,000 financial advisors and $1.7 trillion in assets, buying Commonwealth Financial Network, a boutique with more than 2,345 advisors has been building all week, ...
Financial Advisor

LPL Financial Acquires Commonwealth For $2.7 Billion

LPL Financial, the nation's largest independent broker-dealer, announced this morning that it is acquiring Commonwealth Financial Network, an elite Waltham, Mass.-based RIA/broker-dealer with more ...
RIABiz

LPL closes Commonwealth deal while shares tumble; and warns that moving FAs from Fidelity's clearing will take two extra quarters, and the deal triggered mass due-diligence on ...

Wayne Bloom: Commonwealth begins its next chapter. LPL Financial closed its acquisition of Commonwealth – a coup for the books – but shares tumbled, LPL missed earnings estimates and some Wall Street ...