Cetera Advantage(k) GPS is designed for small and midsize businesses and available only through advisors affiliated with Cetera.
See how much brokers earn on sales of various products at 43 independent broker-dealers, according to data the firms provided to InvestmentNews Research.
Financial advisors should pay attention to regulators' concerns, since it's often advisors or firm executives who don't follow industry rules to the letter who may be discharged.
CEO Bill Hamm said the net capital deficit of $120,000 shown in IFP's Focus report was the result of accrual accounting.
Richard Weisberg will operate as Weisberg Wealth Management in Naples, Florida.
The core group of Angie Ostendarp, Jordan Raniszeski and Mary Sherrill Ware is joined by Mitch Mayfield and Jeff Vandiver.
Ameriprise jumped into the bank broker market in 2017 when it acquired Investment Professionals Inc.
Timothy Lanier’s firm in Neptune Beach, Florida, focuses on serving doctors and health care executives.
The three-year-old fintech platform brings its custody and clearing business in-house for what it promises will be a fully integrated digital experience for RIAs.
LPL's disclosure follows a crackdown by US regulators on financial firms' failure to monitor employee communications on messaging apps.
Irvine, California-based Eric Gallinger is affiliating with LPL through Stratos Wealth Partners.
Thom Maher is launching a firm, Maher Wealth Management, in Phoenix.
Julian Lopez will focus on LPL's relationships with independent advisors.
An attorney for the independent reps said the decision has implications for the entire sector. The brokerage, NexTrend Securities, may seek to vacate the award.
The four advisors operate as Momentum Wealth Partners in Akron, Ohio.
Albuquerque-based Legacy Financial Group was founded in 1995 by Cris Giron and Eddie Fernandez.
But the deal raises the possibility other firms may go after the Securian advisors; Cetera and LPL have faced off in the past over recruiting advisors amid an acquisition.
Giant financial services companies are starting 2023 with more moves to control and own the assets of financial advisors, rather than servicing them for a modest fee.
The SEC said brokers in the firm's Lexington, South Carolina, branch office recommended variable interest rate structured products to dozens of retail customers for whom they weren't suitable.
Look for independent broker-dealers flush with interest-rate revenue to emerge as credible threats to the mergers-and-acquisitions status quo.
