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Commonwealth Financial Network
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- 1LPL falls short of asset retention goal in Commonwealth deal▼Despite missing asset goal, LPL points to silver linings in Commonwealth deal LPL Financial fell short of its goal of re
LPL Financial missed its target of retaining 90% of the assets held by Commonwealth Financial Network at the time of its acquisition. Despite the shortfall, company executives are highlighting positives from the deal, pointing to what they see as gains elsewhere in the integration. The comments come as analysts and advisers watch how the acquisition ultimately performs for the wealth management firm.