$1.5B advisory team joins Commonwealth before LPL deal

Just because you’re about to be bought by a longtime industry rival doesn’t mean you stop recruiting.

Commonwealth Financial Network, months before its impending purchase by LPL Financial, has landed a team formerly managing $1.5 billion. Also this week, RBC Wealth goes to UBS again to recruit prominent advisors, and Carson Group buys a big firm in Colorado. Read about it below.