Acquisition · Activity not yet classified
Commonwealth Financial Network
Transaction overview
Reported completed
On August 1, 2025, LPL Financial Holdings Inc., together with its subsidiaries, announced the closing of its acquisition of Commonwealth Financial Network. The acquisition had been announced on March 31, 2025. Commonwealth was to operate as a wholly owned portfolio company while advisor onboarding to LPL’s platform continued, with that separate process expected to finish in the fourth quarter of 2026.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- LPL Financial Closes Its Acquisition of Commonwealth Financial Network ↗
Official source website · Published Aug 1, 2025
On August 1, 2025, LPL Financial Holdings Inc., together with its subsidiaries, announced the closing of its acquisition of Commonwealth Financial Network. The acquisition had been announced on March 31, 2025. Commonwealth was to operate as a wholly owned portfolio company while advisor onboarding to LPL’s platform continued, with that separate process expected to finish in the fourth quarter of 2026.