LPL Retaining Larger, High-Quality Commonwealth Advisors

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Last fall, LPL Financial reported 80% retention of Commmonwealth Financial Network assets. As of today, that’s in the low 80% range of advisors that have signed agreements to stay with Commonwealth. Some news reports have suggested LPL will not meet its original target asset retention rate of 90%, but on its fourth quarter earnings call, executives said they still expect to hit that target.& ...