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Nearly a Third of Commonwealth Advisors Left After LPL Acquisition: Report
News July 16, 2026 at 01:49 PM
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What You Need To Know
- More than 950 advisors have decided to leave since the deal was announced last year, according to Muriel Consulting.
- The career advisory firm's CEO described the deal as "one of the largest advisor decision-making events in recent industry history.”
- LPL's CEO said in May that the firm was on track to meet its goal of retaining 90% of Commonwealth advisors' assets.
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