LPL Financial on target to retain 90% of Commonwealth financial advisors, Wolfe Research analyst says
LPL Financial Holdings closed it $2.7 billion acquisition of Commonwealth Financial Network last month and appears – at least for now – on target to hang onto 90% of Commonwealth’s roughly 3,000 advisors managing $305 billion, according to one analyst. The 90% target has been the stated goal for LPL…
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