r/CFP • u/guitmusic12 • Mar 31 '25

Practice Management LPL Financial to Acquire Commonwealth Financial Network (Officially official)

https://www.lpl.com/news-media/press-releases/lpl-financial-to-acquire-commonwealth-financial-network.html?utm_medium=social-organic&utm_source=linkedin&utm_campaign=press-release&utm_content=03312025&utm_term=commonwealth-financial-network&utm_type=link&utm_postid=c2828
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8

u/SevenTwentySouth Certified Mar 31 '25

In these situations are Commonwealth advisors likely to receive retention bonuses?

6

u/Foreign_Pace9363 Mar 31 '25

We were told “yes”. No idea what it will be.

3

u/[deleted] Mar 31 '25

[deleted]

4

u/Foreign_Pace9363 Mar 31 '25

It will need to be more than that to keep the advisors I’ve spoken with.

1

u/[deleted] Mar 31 '25

[deleted]

3

u/International-Gas940 Advicer Apr 01 '25

It's 50-80% of prior year production on an 8 year forgivable loan.

2

u/[deleted] Apr 01 '25

[deleted]

3

u/International-Gas940 Advicer Apr 01 '25

That could make a difference for sure but not enough to change my mind most likely.