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LPL’s Rivals Dangle Lucrative Recruiting Deals for Commonwealth Advisors. Will They Bite?

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 ...
InvestmentNews

LPL signs up 80% of Commonwealth Financial's advisors, keeps target at 90%

With its competing wealth management firms doing their best to recruit away Commonwealth Financial Network financial advisors, LPL Financial Holdings Inc. has signed up nearly 80% of the firm’s 3,000 ...
InvestmentNews

Ameriprise accuses LPL of shady recruitment tactics

Ameriprise Financial is taking legal action against LPL Financial, accusing its rival firm of engaging in underhanded and potentially criminal recruiting practices that involve taking confidential ...
Financial Planning

Ameriprise, LPL agree to third-party intervention in recruiting dispute

Ameriprise and LPL Financial have agreed to bring in a third-party forensic company to help preserve evidence in a wide-ranging recruiting dispute while they await a resolution from a FINRA ...
Nasdaq

LPL Financial to Acquire Commonwealth Financial Network

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”) ...