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Commonwealth Advisors Have Decisions to Make as LPL's Rivals Come Knocking
Analysis April 17, 2025 at 01:59 PM
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What You Need To Know
- LPL’s acquisition of the “fiercely independent” Commonwealth Financial Network has set off a recruiting push by rival firms.
- One insider says the deal came as a surprise to Commonwealth’s advisors, but he thinks many will stay.
- Experts say it’s vital for advisors involved in the deal to delineate transition compensation versus retention compensation.
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