If Dale Brown were a movie producer instead of a lobbyist for independent broker-dealers, he might be preparing a sequel.
A federal judge's approval this month of a class action settlement is good news for representatives from Securities America Inc. whose disgruntled clients named them in arbitration complaints over sales of private placements that went bust.
In its quarterly report yesterday, LPL revealed news that definitely makes a splash: It's paying $27 million for the assets of National Retirement Partners Inc. The broker-dealer announced the acquisition last month.
The independent-contractor-brokerage industry continues to see consolidation.
LPL Financial LLC will soon take the wraps off a major technology initiative intended to appease its 12,799 reps and advisers.
This year has meant big changes for some superstar financial advisers, with the latest, Ric Edelman, expressing his deep displeasure with the economics of the independent-brokerage business
Well-known veteran investment adviser Rob Isbitts will oversee investments for Ron Carson's new RIA.
Firm that bears no relationship to the Oracle of Omaha or Berkshire Hathaway filed offering with the SEC last month
COR Securities agrees to buy clearing firm, makes offer for holding company of two indie B-Ds
