As the DOL fiduciary rule puts pressure on fees, B-Ds will have to make the case why their services justify what they are charging their clients.
The old partnership program is being revamped, but some advisers claim they are being shortchanged.
Western International to acquire retail assets of Financial West as Kovack Securities picks up TKG Financial.
Because of the fiduciary rule, broker-dealers are looking to have level compensation across their platforms.
Firm takes action against former advisers for allegedly violating terms of promissory note
A third-party review found that 200 clients from the New England state bought nontraded REITs that violated LPL's guidelines and are eligible for an average of $40,000 apiece.
Summit Equities sold 1,037 individual variable annuity contracts to its customers during the time period cited by Finra.
DOL fiduciary rule is having some impact, but advisers are still moving within the industry
Mr. Block faces charges of conspiracy to commit securities fraud, securities fraud and making false filings with the Securities and Exchange Commission.
Executive says the pass-through cut to 15% would be a boon to some advisers, but the rate is too low for corporations in terms of gaining bipartisan support and being revenue-neutral.
