SAN DIEGO, May 22, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Beacon Financial has joined LPL Financial's broker-dealer, Registered Investment Advisor (RIA) and custodial ...

LPL Financial is dropping a defamation suit it filed nearly two months ago against Ameriprise over data breach notices sent to clients, although it could still pursue the dispute in FINRA arbitration.

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

Except as required by law, LPL Financial does not undertake to update any particular forward-looking statement included in this document as a result of developments occurring after the date of ...

Wealth management firm LPL Financial Holdings said on Monday it would acquire the privately held investment adviser Commonwealth Financial Network for about $2.7 billion in an all-cash transaction.

LPL Financial Holdings Inc. on Monday morning said it was acquiring Commonwealth Financial Network, a long-standing rival in the wealth management industry. The price tag? LPL is paying $2.7 ...

After rumors of the deal grew louder last week, LPL Financial has announced it is purchasing broker/dealer Commonwealth Financial Network for $2.7 billion. It is expected that Commonwealth’s ...

Avantax Advisory Services Inc. trimmed its holdings in LPL Financial Holdings Inc. (NASDAQ:LPLA – Free Report) by 21.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,989 ...

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here.

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. Q4 witnessed an uneven ...

We are maintaining our fair value estimate for LPL Financial of $357. Our fair value estimate correlates to a price/forward adjusted earnings multiple of 20 times and an enterprise value/EBITDA ...