The Avantax team comprises 3,111 financial professionals.
The team, which is rebranding as Momentum Wealth, is based in The Villages, Florida.
The recruiting data show advisors' preference for operating under independent models.
'It's supervision by Zoom,' PIABA says, while Finra says the new rules reflect hybrid work arrangements while protecting investors.
'Ironically, I think the redemption issue is the best thing ever happen to nontraded REIT space,' says Kevin Gannon of Stanger.
The Wall Street firm is working on an overhaul of its wealth business structure.
'The strategy involved frequent in-and-out trades that placed the broker’s interest in generating commissions and fees ahead of the customers’ interest in making a profit,' the SEC order states.
Thousands could be affected as bank slashes positions.
Expenses are rising: LPL Financial said in October that its core general and administrative expenses were up 15% year-over-year.
Hank Paulson-appointed regional boss abruptly out.
Advisors who custodied at TD Ameritrade are adjusting to life under Schwab.
The regulator's settlement with the US unit of Canadian firm relates to sales of Canadian private placements.
Firm says the favorable economics of this offering contribute to a better advisor experience.
An Osaic executive provides some suggestions on how best to handle large-scale changes in your business.
Titan Securities is already among the departed. It's not footing the bill for its own funeral.
Wall Street payouts look grim for many but wealth firms should fare better, according to compensation consultants.
The team at Melville, New York-based Zambri Financial will move into the first Linsco office on Long Island.
Multiyear clearing arrangement described as a win for both firms and clients.
"We don’t agree with the decision but, with Finra arbitration, there is no appeal," says William H. McCance, president of Ages Financial Services.
The improvement demonstrates that the giant broker-dealer network, which many believe will seek to go public in the next few years, is moving its cash flow in the right direction.
