What LPL’s purchase of ‘crown jewel’ Commonwealth means for advisors

Corey Kupfer, founder and managing partner at Kupfer., reacts to the $2.7bn sale of Commonwealth Financial Network to LPL Financial and what the deal could signal for the larger wealth management space. “There’s no question LPL will offer some kind of retention package to sweeten the transition for Commonwealth advisors, but how the offers will be structured and what they’ll be worth is, for now, a huge wild card,” explains Kupfer.

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