And it could be a big one, said one industry executive. “It looks like LPL is getting ready for a large buy,” said the executive, who spoke privately to InvestmentNews about the matter.

Under the transaction structure, wealth management firm LPL will acquire full equity of the holding company of Commonwealth. LPL expects to finance the deal through a combination of cash ...

LPL intends to use the net proceeds of this offering to fund a portion of the cash consideration payable in connection with its previously announced proposed acquisition of Commonwealth Financial ...

Two big wealth management teams that collectively oversaw $4 billion in client assets at Osaic are leaving that firm to form a new group at LPL Financial. Academy Financial and PFG Advisors were ...