InvestmentNews

LPL keeping Commonwealth’s bigger fish, CEO Steinmeier says.

The financial advice industry's curiosity regarding LPL's success in keeping Commonwealth advisors is feverish.

LPL Financial targets 90% asset retention for Commonwealth onboarding while advancing $2.4T asset base

Q4 2025 Management View CEO Richard Steinmeier highlighted a milestone year, stating, "we delivered industry-leading organic ...

LPL Might Not Retain 90% of Commonwealth Advisors. Why That’s Not Necessarily a Problem

LPL Financial purchased Commonwealth Financial Network last year, with a retention rate goal of 90%, a target that has been ...
InvestmentNews

Commonwealth loses 653 advisors after LPL deal, retention stands around 77%

A new report finds 22.5% of Commonwealth’s advisors left after its sale to LPL Financial, raising questions about whether the ...
Financial Planning

As LPL acquisition looms, Commonwealth pulls another team from Osaic

Commonwealth Financial Network's approaching acquisition by LPL Financial isn't deterring new recruits, as evidenced by its addition of yet another substantial advisory practice. Processing Content ...
Opinion
Financial PlanningOpinion

Despite losses, LPL claims it kept biggest, best Commonwealth teams

CEO Rich Steinmeier looks past advisors defections to tout progress toward its goal of retaining 90% of the assets Commonwealth Financial Network had at its purchase last year.
Nasdaq

First Commonwealth Financial Corporation Completes Acquisition of CenterGroup Financial, Inc.

First Commonwealth Financial Corporation has successfully completed its acquisition of CenterGroup Financial, Inc., the parent company of CenterBank in Milford, Ohio. T. Michael Price, President and ...