New rules proposed by Finra will make fees more transparent, but could result in lower upfront commissions for brokers, Bruce Kelly reports.
Phillips Edison-ARC Shopping Center REIT Inc. has hired advisers to evaluate alternatives.
LPL is losing one of its leading recruiters, in the wake of three other recruiters resigning in the past year and a half.
New deals are being announced, while others are being completed.
Says adviser is lowballing American Spectrum.
$52.5 million cash and stock deal scheduled to close on Friday.
Trend of small and midsize broker-dealer mergers and acquisitions continues to build.
The broker-dealer saw its shares dip again on Thursday after it lowered the price of its secondary offering. That follows a 37% decline in the company's share price in the past month. Investors, however, could stand to benefit. Bruce Kelly has the story.
Between <a href="http://www.investmentnews.com/article/20140529/FREE/140529913">RCAP's stock offering</a> and real estate firm's executive comp plan, Nicholas Schorsch and his team could enjoy a multimillion-dollar payday.
The securities house pointed to “improved market conditions, successful recruitment of additional advisers and increased advisory assets under management” for the increase in revenues.
