LPL Financial’s acquisition of Commonwealth last year sparked a recruiting frenzy for rival firms.

KBK Wealth Management is the latest firm to exit the independent broker-dealer following its acquisition by LPL Financial.

A New York City team of six financial advisors recently left Commonwealth Financial, where they managed more than $1.3 ...

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

From September 5 onwards through Friday, Raymond James, through its independent broker-dealer Raymond James Financial Services Inc., has recruited at least nine teams of financial advisors who were ...

LPL Financial said it was reducing fees to advisors on several platforms as it reported a robust increase in assets to $2.3 trillion following its acquisition of Commonwealth Financial Network in a ...

WALTHAM, Mass.--(BUSINESS WIRE)-- Commonwealth Financial Network®, a national RIA dedicated to providing financial advisors with holistic, integrated business solutions, announced the addition 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 ...

In addition, Rothschild Wealth makes a deal for a Chicago-area RIA, Apollon Wealth adds a $200 million firm, and a Bluespring ...

Commonwealth Financial Network advisors keep voting with their feet, moving to firms like Cetera, Osaic and Raymond James rather than make a new home at LPL Financial. Meanwhile, Wells Fargo pulled ...

Recent months have seen large numbers of advisors leaving Commonwealth Financial Network to go to Raymond James and leaving UBS to go, well, just about anywhere. This week was no different. Elsewhere, ...