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LPL Retaining Larger, High-Quality Commonwealth Advisors
Yahoo Finance· 2026-01-30 13:54
Core Insights - LPL Financial is currently experiencing an asset retention rate of over 80% from Commonwealth Financial Network advisors, which is below the original target of 90% but executives remain optimistic about achieving this goal [1][2] Group 1: Advisor Retention and Performance - The average advisors who have signed to stay with LPL are larger, faster-growing, and higher producers compared to those who have left [2] - LPL's top recruiters are focused on retaining Commonwealth advisors, indicating a strategic emphasis on maintaining advisor relationships [2] Group 2: Conversion and Future Plans - LPL is on track to complete the conversion of Commonwealth by the fourth quarter of 2026, with plans to resume organic recruiting efforts as the conversion approaches [3] - The firm anticipates a return to more normalized recruiting outcomes, driven by increased win rates in traditional markets [4] Group 3: Market Position and Recruitment - The acquisition of Commonwealth is seen as a validation of LPL's market position, attracting attention from W-2 advisors [5] - In the fourth quarter, LPL recruited $14 billion in assets, with $104 billion in total recruited assets for 2025, and an increase in advisor headcount to 32,178 [5]
X @Forbes
Forbes· 2025-12-15 03:00
Remote Work Skills - Recruiters consistently look for candidates who excel at remote work, not just those capable of it [1] - Demonstrating excellence in remote work is crucial to stand out [1] Hiring Focus - Recruiters seek specific qualities in remote professionals [1] - Candidates need to prove they possess the required skills for remote work [1]
X @Forbes
Forbes· 2025-12-11 13:30
To stand out, you need to show that you’re not just capable of working remotely but that you excel at it. Here’s what recruiters consistently look for when hiring remote professionals and how you can prove you’ve got what it takes. https://t.co/C2g5wn3S7r https://t.co/m18QiFUr3k ...
X @Forbes
Forbes· 2025-12-07 19:30
To stand out, you need to show that you’re not just capable of working remotely but that you excel at it. Here’s what recruiters consistently look for when hiring remote professionals and how you can prove you’ve got what it takes. https://t.co/jR0NBOXhmg https://t.co/ozmuwZ3Co6 ...
X @Forbes
Forbes· 2025-12-01 09:00
To stand out, you need to show that you’re not just capable of working remotely but that you excel at it. Here’s what recruiters consistently look for when hiring remote professionals and how you can prove you’ve got what it takes. https://t.co/jR0NBOXhmg https://t.co/voTm7u1Vwb ...
X @Forbes
Forbes· 2025-11-30 06:00
To stand out, you need to show that you’re not just capable of working remotely but that you excel at it. Here’s what recruiters consistently look for when hiring remote professionals and how you can prove you’ve got what it takes. https://t.co/jR0NBOXhmg https://t.co/lztDDrsalP ...
X @Forbes
Forbes· 2025-11-25 17:06
To stand out, you need to show that you’re not just capable of working remotely but that you excel at it. Here’s what recruiters consistently look for when hiring remote professionals and how you can prove you’ve got what it takes. https://t.co/jR0NBOXhmg https://t.co/MXiEdL3g5P ...
X @Bloomberg
Bloomberg· 2025-11-23 13:52
One of former South African President Jacob Zuma‘s daughters is facing legal action over her role in recruiting men from South Africa to serve in Russian forces in its war against Ukraine https://t.co/W6DvfrzfFe ...
X @The Economist
The Economist· 2025-11-17 15:40
Employers, having lost a way of telling strong from weak candidates, have cut all new hires’ pay, and more often end up recruiting worse candidates https://t.co/o3LY7t3Z3i ...