LPL welcomes a Beverly Hills-based practice from Wedbush Securities as RayJay adds a Stifel alum to its employee advisor arm.
The brokerage industry regulator once again takes a stab at updating rules for independent brokers with other businesses and jobs
The latest powerhouse group to leave Osaic is moving at an interesting time, with Commonwealth is set to be absorbed by IBD behemoth LPL.
However, in its note, Citi Research did not cite a direct competitor making inroads in hiring Commonwealth advisors.
Multi-year NASAA investigation shows the five firms charged customers $19 million across just over a million trades, violating FINRA rules.
Financial advisors live in fear of a large firm dirtying their work histories after they leave a firm.
Leading with competence and empathy, the best independent advisors have built strong client relationships with communication and investment knowledge, among other hallmarks.
LifeMark Securities has faced scrutiny in the past for its sales of GWG L bonds.
The ex-registered broker facilitated a series of transactions, including nine trades totaling nearly $130,000 and eight withdrawals amounting to $85,000, for a fourteen-month period after the client's death.
LPL has closed 56 deals in its succession program, using $690 million of capital, according to William Blair analyst Jeff Schmitt.
Meanwhile, Wells Fargo reels in a veteran from JPMorgan in Las Vegas, Nevada.
Gautam Muthusamy helps families exhaust estate tax credits now before the $14M exemption vanishes.
The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
Michael Bradley faces allegations of "improper recommendation to clients" who bought GPB securities.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.
The defectors from Cetera, Lincoln Investments, and DA Davidson strengthen the firms' presence across the Eastern and Western US.
InvestmentNews is searching for the country's emerging young talents.
A veteran with more than two decades of experience, Andina Andreson represents the latest in a string of recent leadership changes at the firm.
