LPL Financial completes acquisition of Commonwealth Financial Network

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LPL Financial Closes Its Acquisition of Commonwealth Financial Network

August 1, 2025 9:00 AM EDT

SAN DIEGO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA), together with its subsidiaries, including LPL Financial LLC, announced the closing of its acquisition of Commonwealth Financial Network (Commonwealth), a wealth management firm supporting approximately 3,000* advisors managing $305 billion in assets.

Advisor success is woven into every aspect of the Commonwealth business, and were proud to welcome an incredible community of Advisors and the talented... More