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Nearly 700 Commonwealth Reps Left LPL Last Year. Here's Where They Landed.
Features January 26, 2026 at 02:17 PM
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What You Need To Know
- A new report shows that LPL has seen about a 23% drop in Commonwealth advisor headcount since the acquisition.
- A sizable portion of the departing advisors moved into RIA or RIA-centric models.
- Among departing advisors who remained in the IBD channel, 80% landed with just seven firms.
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