Millennials, robo-advice and female clients top the IBD agenda.
IBD inks deal with Southwest financial services company Zions Bancorporation, adding 50 reps and advisers.
Once restructuring is completed, the company expects $3 million in annual savings after taking $9 million charge to move Fortigent unit to corporate headquarters in Charlotte, N.C.
Fallout from ARCP hurt wholesaling unit but executives remain confident in recovery.
Broker-dealer North Capital Private Securities adds crowdfunding site OneVest to its platform that syndicates private offerings for investors.
Time for advisers to tell industry groups pushing hard against a fiduciary rule that they're tired of the rhetoric — and that they're not acting in advisers' best interests.
Top executives at the firm are among those facing smaller bonuses after a year of discouraging financial results.
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
