LPL Financial Announces Proposed $1.5 Billion Common Stock Offering

SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) today announced that it has commenced an underwritten public offering of $1.5 billion of its common stock.

LPL Financial to Acquire Commonwealth Financial Network

Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assets Commonwealth ranked #1 in Independent Advisor Satisfaction 11 times in a row by J.D. Power Founder of Commonwealth to assume advisory role to LPL Board of Directors Commonwealth CEO to join LPL Management Committee,