Commonwealth Financial Network, a Waltham investment advisory firm and broker-dealer that’s operated independently since its founding 46 years ago, plans to sell to a longtime Boston-based rival for $2.7 billion.
The news came this week within hours of Commonwealth winning a reprieve in a years-long civil dispute with the Securities and Exchange Commission — a lawsuit that could have cost the firm $93.3 million.
WATCH ANYTIME FOR FREE Stream NBC10 Boston news for free, 24/7, wherever you are.
More on this story from Boston Business Journal
Waltham investment firm wins court ruling within hours of acquisition
RELATED ARTICLES
