A looming fiduciary rule, combined with regulations limiting product sales, have experts predicting more consolidation is inevitable
After a tough first month on the job, Dan Arnold will need to be in "damage control mode" as he faces analysts and investors for the first time, according to an industry recruiter.
DOL rule could prompt some advisers to move ahead of time — and others to stay put until they gauge rule's impact.
Firm's 7,100 advisers to gain digital investment advice platform and advanced analytics about clients
The firm is an employee-owned, independent partnership associated with Raymond James, and has found success with its collegial 'no-jerk policy' for those who'd like to join.
Differentiating themselves from brokers would be easier now that debate has raised investor awareness of the role of a fiduciary
Move is among a series of changes the firm is making as it gets ready for deadline on implementing DOL fiduciary rule.
From incubator relationship to back-office service provider.
First-quarter volume was up 11%, in part because of president-elect's frequent social media activity
Multiple forces are driving industry consolidation.
The sale of the assets includes 350 advisers and operates under the broker-dealer holding company Legend Group Holdings.
Predicts next market downturn will usher in new era of big broker-dealer mergers
Starting out in compliance, she was at the firm for 13 years, most recently as head of transitions.
Veteran adviser manages $170 million in client assets.
CEO Robert Moore proves he's not afraid to go toe-to-toe with LPL to recruit top advisers.
Two large independent broker-dealers are latest to retain commission structure. <b><i>(More: <a href="//www.investmentnews.com/article/20161030/FREE/161029902/broker-dealers-split-on-commissions-in-wake-of-dol-fiduciary-rule"" target=""_blank"" rel="noopener noreferrer">B-Ds split on commissions in wake of DOL rule</a>)</i></b>
Investors Capital is in the process of closing down and moving its advisers to another Cetera firm.
The regulator cited a broad breakdown with the firm's failures to supervise client and adviser information.
