RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

LPL shares surge on earnings beat; Commonwealth deal, 'tracking towards 90% retention' keeps firm on path to be 'best in wealth management'

CEO Rich Steinmeier delivers first-quarter results -- good early signs on retaining Commonweath advisors -- that please Wall Street analysts and investors but he wants more. Much more.

Author Brooke Southall May 9, 2025 at 1:31 AM
0 Comments
no description available
Rich Steinmeier: We are still in the early innings of the retention effort.
Keith Girard contributed to the editing of this article.

Rich Steinmeier



Related Moves

October 21, 2024 at 9:15 PM

Rich Steinmeier power poaches Jeremy Holly, who returns to LPL as EVP to head Dan Arnold-directed 'liquidity' project to buy -- but not hold -- LPL firms

Holly had bolted LPL for SageView with fanfare but he retained a fanbase back in San Diego which dreamed up a dream job for him

July 7, 2023 at 9:36 PM


Mentioned in this article:

LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings


Common Tags


Recent Articles


Popular Writers


RIABiz logo

RIABiz

About Us

Directory

Archives

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2025 RIABiz Inc. All rights reserved.