LPL service will allow retirement plan sponsors to shed participants who can't be located or who are nonresponsive.
Finra is considering raising the fees related to pursuing an arbitration claim against a brokerage firm in order to increase the pay for people who hear the cases.
Bill Schwartz, an independent adviser who broke away from Merrill Lynch, says he understands why advisers stayed at wirehouses five or 10 years ago. But today, the game has changed.
PlanMember Financial's 400 reps work with school district, nonprofit retirement plans.
From tech systems advisory firms plan to replace to what social networks indie brokers say they use the most, here are five big technology trends impacting independent broker-dealers.
PFS Investments Inc. this year has batted away a handful of similar arbitrations stemming from brokers' mismanagement of public pension plans in Florida.
Wirehouses largely back recruiting incentive regulation but IBDs oppose it.
In a bad omen for the mutual fund industry, the shift toward fee-based compensation is expected to accelerate over the next two years, a new report finds. Who's pushing the trend?
To benefit an animal-rescue charity effort that LPL is undertaking, LPL's usually clean-cut CEO Mark Casady is growing a beard. This week, he posted a Photoshopped “Duck Dynasty”-style beard on Twitter.
Finished with its acquisition of Morgan Keegan & Co. Inc., Raymond James Financial Inc. plans to refocus on recruiting, which was depressed across the industry in the first half of 2013, chief executive Paul Reilly said Thursday, a day after the firm reported record profits.
Plus: How-to for advisers going solo, global investors bail on Obama, deflating market bubble babble
Gilman Ciocia has 160 independent financial reps, advisers.
By imposing heavy fines as a way to deter illegal conduct, Massachusetts' securities regulator is making his mark.
As new chief executive, longtime compliance chief Erica McGinnis is breaking gender barriers and filing some big shoes.
After settling with five independent broker-dealers in May over nontraded REIT sales practices with a $6.1 million deal, Massachusetts' top securities cop, William Galvin, has closed Round 2. Bruce Kelly has the latest details.
A UBS analyst has increased the price target of LPL's shares, citing the potential for continued growth at the firm, which struggled — as did competitors — with recruiting in the first half of the year, but saw a recent uptick in additions.
Sykes bulking up new firm, JHS; set to acquirer broker-dealer of Paulson Capital
About 30 brokers who used to be with the defunct broker-dealer GunnAllen Financial have found a new home — with their old boss, John Sykes
