Firm recruits seven advisers from Wells Fargo with $770 million in client assets.
Firm's RIA chief pegs 21% increase to investor interest in independent advice.
Improved financial markets and retention pay cited as reasons for keeping brokers at wirehouses
New office in Melbourne, Fla. is the firm's 28th location
Before they can expect to get a reasonable number of referrals, advisers need to ask some tough questions about themselves
As Nemo approaches, Bruce Kelly reports that a dark patch also appears to be gathering over B-D owner -- and media darling -- Anastasios 'Tommy' Belesis.
The former chief information officer of Online at Dell had never worked in the brokerage industry before.
SRO posts summary of proposal on website; sure to draw some howls
Stifel Financial Corp. is in exclusive talks to buy Regions Financial Corp.'s Morgan Keegan brokerage after prevailing over private-equity bidders, said people with knowledge of the matter.
After receiving a fair amount of negative comments from reps, Finra is backtracking on its plan to end the 5% markup rule.
For the second-straight year, LPL plans to raise the fees its reps must pay. The reason? For one, higher insurance costs. The B-D is also cutting some bonuses.
Although the brokerage industry's recruitment protocol continues to gain new members, some advisory firms are pulling out because they're not recruiting from the wirehouses.
