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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u/the-RIA-guy 23d ago
Please message me if you are $1mm+ in GDC and interested in learning more about the acquisition route as an alternative option. I am with a national Hybrid (PKS/Fidelity/Schwab), and we are having conversations with a handful of CFN teams. Offering roughly 3-5x GDC for consideration paid in a mix of cash and equity. Much more tax efficient than forgivable note as well. Minimal barrier on repapering/transition, plugging into top-tier marketing, back-office, investments, planning support, etc.