EPISODE · Apr 4, 2025 · 10 MIN
HOT MIC - LPL Acquires Commonwealth: What Advisors Need to Know - Part 2
from Advisor Talk with Frank LaRosa · host Frank LaRosa
In this episode, Frank breaks it all down:-Why the $90M SEC penalty wasn’t actually dismissed – and what a “reprieve” really means-The financial and emotional toll of multi-year legal battles (even when you ‘win’)-How thin margins and legal pressure can force even well-run firms into tough decisions-The cultural clash that may lie ahead between LPL and Commonwealth-Why perception isn’t always reality – and how advisors can read between the linesIf you’re an advisor at Commonwealth, LPL, or simply paying attention to how industry consolidation impacts your future, this episode is essential listening.Have a question for Frank? Reach out at [email protected] or DM him on Instagram (@FrankLaRosa.Elite).Like, subscribe, and leave a review!
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What this episode covers
‼️HOT MIC‼️ In this week’s Hot Mic edition of Advisor Talk, Elite Consulting Partners CEO Frank LaRosa returns with a follow-up to the LPL acquisition of Commonwealth – and dives deeper into the real story behind the headlines. With decades of experience and a no-nonsense approach, Frank cuts through the noise to address the key question: If Commonwealth "won" their SEC case, why did they still sell?
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HOT MIC - LPL Acquires Commonwealth: What Advisors Need to Know - Part 2
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