The penalty is a considerable step down from the $93 million award vacated by an appellate court last spring.

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

As LPL Financial's purchase of Commonwealth Financial Network nears, a steady trickle of advisors are leaving to set up shop elsewhere. Processing Content The moves so far — including an advisor ...

Commonwealth Financial Network will pay $5 million in a disclosure-enforcement settlement with the SEC, down from an original penalty of $93 million that was overturned by a First Circuit panel last ...

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 ...

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 ...

Commonwealth Financial Network, which penned a deal in March to be acquired by LPL Financial, has added Patrick Funke & Associates, a Phoenix-based team with about $430 million in client assets. The ...

First Commonwealth Financial Corporation announced that it will host a conference call on July 30, 2025, at 2:00 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30 ...

First Commonwealth Financial (FCF) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in ...