InvestmentNews

Commonwealth Financial Network beats SEC in long-running conflict of interest dispute

In 2019, the SEC claimed Commonwealth had breached its fiduciary duty by failing to tell its clients that they could have ...

Commonwealth Will Pay SEC $5M To Settle Share Class Court Battle

The independent broker/dealer will pay far less than the $93 million penalty originally imposed by a federal judge before an ...
Opinion
Financial PlanningOpinion

After getting $93M judgment nixed, Commonwealth settles with the SEC for $5M

Commonwealth was hit with the landmark penalty over its advisors' mutual-fund recommendations the year before its acquisition by LPL Financial. But it will pay only a fraction of that now.
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How many Commonwealth advisors left LPL? New report shows slew of exits.

When LPL Financial said it would acquire rival wealth manager Commonwealth Financial Network last March, Commonwealth’s approximately 2,900 advisors had a choice: stay with LPL or find a new home. A ...
InvestmentNews

Commonwealth Financial Network

Commonwealth Financial Network operates as an independent broker/dealer serving financial advisors throughout the US. The Waltham-based firm provides affiliation models, marketing support, and ...
Business Wire

Commonwealth Financial Network Partners with Messina College, Creating Career Paths for First-Generation College Students

WALTHAM, Mass.--(BUSINESS WIRE)--Commonwealth Financial Network®, a national RIA dedicated to providing financial advisors with holistic, integrated business solutions, has initiated a new partnership ...