The company doesn't specify how many of its 9,000 Cetera brokers will qualify, or any other details of the plan.
IBD sets plan a month after activist investor Marcato Capital took a 6.3% stake.
Suit alleges the private-equity firm is helping top brass break non-compete agreements and then hiring them.
Private-equity firms and an asset manager have been identified as among the broker-dealer network's new ownership.
The brokerage industry's chief regulator will step down in the second half of 2016 after a successor is found.
Senior columnist Bruce Kelly says the agency going after conflicts of interest means closer scrutiny of RIAs and their businesses.
The broker-dealer served as the clearing firm for customer Scout Trading, and acted as an authorized participant of various exchange-traded funds.
The custodian attracted RIAs with $19 billion in AUM in 2015, its best year ever.
Finra is continuing its crackdown on brokerage firms for failing to give clients discounts for large purchases of investment products.
In SEC filing, Texas REIT United Development Funding IV claims a smear campaign has been mounted to drive down the price of its stock.
