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Edition No. 006
New York · London
Secondaries Daily
The Daily Read on the Secondary Market
Wednesday, August 19, 2026
The Morning Brief →
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Fundraising
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812
deals & moves · 7d
2,751
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194
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● LIVE
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Rich Steinmeier
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In PWD coverage since August 14, 2026 · 4 stories
PWD coverage
move
LPL's road to 90% retention runs through smaller Commonwealth books
The commitment rate sits in the low 80s and is lopsided: larger, faster-growing Commonwealth teams have signed, so the 90% target depends on smaller practices.
Deals & PE · Aug 14
Cetera, Hightower, IFP, LPL, UBS Add Advisor Teams
RIA · Aug 14
LPL unveils Latitude AI platform, shares pop 3.2%
M&A · Aug 14
Merit Adds $900M Commonwealth Team, Sixth Since LPL Deal
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