LPL Financial Holdings has reached a definitive agreement to acquire Commonwealth Financial Network in a deal valued at around $2.7bn. The deal is slated for completion in the second half of 2025, ...

LPL executives have said they're well on the way to retaining 90% of the client assets they're seeking to bring over from their recent purchase of Commonwealth. But advisor departures have ticked ...

LPL Financial and Commonwealth Financial Network, two of the of the most prominent firms for independent contractor brokers, have been discussing a potential deal for LPL to buy outright or take a ...

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 ...

When Adam Spiegelman learned in March that Commonwealth Financial Network would be acquired by LPL Financial later this year, he was so disappointed he almost felt betrayed. He was far from the only ...

SAN DIEGO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA), together with its subsidiaries, including LPL Financial LLC, announced the closing of its acquisition of ...

The advisors are one of the largest teams to depart Commonwealth since its acquisition by LPL Financial was announced earlier this year. Wealth management firm Cetera recruited a 14-person advisor ...

LPL Financial has announced an agreement to acquire Commonwealth Financial Network for about $2.7 billion in cash, linking up the country’s largest independent broker/dealer with one known for its ...

The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 billion of brokerage and advisory assets. LPL Financial said it would acquire ...