LPL plans to acquire Commonwealth Financial Network, a wealth management company with $285 billion in assets that relies on Fidelity for clearing and custody.

LPL Financial LLC lifted its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Free Report) ...

LPL Financial LLC grew its holdings in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Free Report) by 32.2% ...

Industry experts think LPL will have to work hard to retain Commonwealth advisors who were sold on the idea that they'd be ...

The LPL CEO says Commonwealth advisors have almost nothing to lose and much to gain by joining a firm whose headcount is fast ...

The deal will provide a significant boost to LPL, giving it Commonwealth’s approximately 2,900 financial advisors and $285 ...

The firms have separately and strategically brought on LPL and Fidelity veterans to drive growth, deepen advisor support, and ...

As it happens, Steinmeier's statement was literal: LPL on Monday announced that it had reached a deal to acquire Commonwealth, which has about 2,900 advisors and around $285 billion in brokerage and ...

Brown came to the industry in 1987 and moved to Merrill in 2014, from Morgan Stanley, according to BrokerCheck. McCall and McClanahan started their industry careers at Merrill, in 2012 and 2018, ...

Responding to a call from a financial advisor in California, the ERISA consultants at the Retirement Learning Center (RLC) addressed a question concerning the difference between a retirement plan’s ...