A class action claims Commonwealth paid clients minimal interest on sweep deposits while collecting substantial fees from ...
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, ...
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same ...
According to senior industry executives outside Fidelity, the giant discount broker-dealer and registered investment advisor custodian is working with RIA clients who already use Fidelity as a ...
SAN DIEGO and WALTHAM, Mass., March 31, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) ...
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 ...
WALTHAM, Mass.--(BUSINESS WIRE)--Commonwealth Financial Network ®, a national RIA dedicated to providing financial advisors with holistic, integrated business solutions, ranks “#1 in Independent ...
One day after announcing it was being acquired by LPL Financial, Commonwealth Financial Network won its appeal of a $93.2 million penalty in a SEC case over mutual fund recommendations. Processing ...
When LPL Financial said it would acquire rival wealth manager Commonwealth Financial Network last March, Commonwealth’s approximately 2,900 advisors had a choice: stay with LPL or find a new home. A ...
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Commonwealth Financial Network is fighting what it calls a "draconian" landmark judgment, arguing the SEC never established a causal link between client harm and its allegedly inadequate investment ...