Formerly known as First Midwest Securities, the IBD has 33 advisers and $600 million under management.
As new annuities gain in popularity, broker-dealers are getting reps up to speed on using them as part of a comprehensive retirement income plan.
Agreement could be announced within days
One of the primary architects of the brand's broker-dealer mergers, Seth Miller, to lead firm.
Jacob Frydman is focus of complaint that alleges plaintiff was fired for reporting 'certain improprieties' to Finra.
But company says board was already discussing replacing Holbrook, son.
Akerman apologizes to SEC for whistleblower allegations against the broker-dealer and CEO Frydman.
Former compliance officer alleges fraud at nontraded REIT helmed by Jacob Frydman.
Now offering financing for succession plans and acquisition to indy RIAs.
Questions remain about whether ClientWorks will be on par with other third-party open architecture platforms for advisers.
Arguments continue on both sides about the merits of the <a href="//www.investmentnews.com/article/20150123/FREE/150129956/brokers-under-white-house-scrutiny-for-costing-workers-billions-in"" target=""_blank"" rel="noopener noreferrer">recently-leaked White House memo</a> and what it means for the standard's future prospects.
New government research says some broker practices are costing investors $8 billion to $17 billion a year, and the White House may now support tighter oversight of brokers who handle retirement accounts.
The fiduciary motivation to avoid losses tends to be greater for advisers than the risk of not growing client wealth
Broker-dealer and custodian tech executives discuss the industry's biggest issues and plans
Nicholas Schorsch continues to add midsize independent broker-dealers to the Cetera Financial Group Network, and on Wednesday night announced plans to acquire Girard Securities Inc.
Sales of REITs and other non-liquid alts at Schorsch-related firm decline 7.6% from 2013.
The hottest topics to keep tabs on in the independent broker-dealer space
Medical device firm accused of Medicare fraud; lawyer denies charges, says complying with federal probe.
Though the real estate czar stepped down from two more publicly traded companies last week, as well as from a host of other nontraded REITs, he still remains entrenched at other firms he created and is the largest shareholder at several others.
Decision affects American Realty Capital brand, but not Cole
