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 ...
KTLA

Prudential Financial and LPL Financial Sign Strategic Relationship Agreement to Expand Retail Wealth Management Capabilities and Drive Growth

NEWARK, N.J. and CHARLOTTE, N.C., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Prudential Financial, Inc. (NYSE: PRU) (“Prudential”) and LPL Financial Holdings Inc. (Nasdaq ...
Financial Planning

LPL's Steinmeier 'maniacally focused' on making Commonwealth advisors feel at home

LPL Financial CEO Rich Steinmeier is confident his firm can absorb the much smaller Commonwealth Financial Network, in part because it has done something similar before. LPL transferred over all 33 of ...