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
Brain drain at nation's largest IBD continues as top East Coast recruiter plans to take a new position at an insurance company-owned broker-dealer.
Some broker-dealers have resources that help advisers create a bigger pie, not just boost their slice
Goss Wealth Management switched firms as it hopes to build out a 'wirehouse lite” in the Gulf South region
With high M&A deal pace set to continue, here's how the most common deal structures could affect advisers
Industry colleagues, from Hank Greenberg to Don Marron, recall the former MetLife, AIG CEO, who passed away at 70 Friday after a battle with cancer.
Indexed annuities continue to be popular, and Jackson National continues to dominate VA sales.
The REIT czar resigned from American Realty Capital Properties, which has lost more than a quarter of its value since <a href="//www.investmentnews.com/article/20141029/FREE/141029916/schorschs-american-realty-capital-discloses-serious-accounting"" target=""_blank"" rel="noopener noreferrer">disclosing accounting errors.</a>
Nicholas Schorsch is taking a step back from the top role at three nontraded REITs he controls, handing the reins of two to his longtime investment partner. <i>See also: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935"" target=""_blank"" rel="noopener noreferrer">Schorsch's vast web of businesses</a></i>
The rise and fall of the notorious owner and CEO of the defunct independent broker-dealer John Thomas Financial is now complete, and senior columnist Bruce Kelly says the industry won't miss him.
Cash and stock deal values the firm, with about 450 independent reps and advisers, at 39.4%, lower than other recent deals.
Firm continues independent broker-dealer buying spree in $24M deal.
A blockbuster lawsuit alleging misconduct by Nicholas Schorsch is one of many issues confronting his vast real estate empire.
Sales of the products may be cannibalizing those of variable annuities.
