The deal for NPB Financial Group in Burbank is the latest in a modest string of broker-dealer acquisitions occurring against the backdrop of the red-hot M&A market for RIAs.
Six long-time Merrill advisers in Oakland, California, and Savannah, Georgia, switch to LPL's employee unit, Linsco.
Anthony Mona and Joseph Mansoor make the switch in Birmingham, Michigan, through OSJ Spartan Wealth Management.
In the newly created position, Michelle Kelley will lead the firm’s legal department and provide counsel on cybersecurity and privacy laws.
The assets of the People’s United Bank's retail brokerage and advisory business are joining those of its new parent, M&T Bank, at LPL.
Nicholas Troiano and Mathew Mattice join the firm's employee unit in Colorado.
Brian Falconer and 16 reps operate as Wealth Management Resource Group in Braintree, Massachusetts.
Private equity investors have flooded the wealth management industry; now, it's a hedge fund's turn.
The S&P 500 was down almost 21% over the first six months of the year, but financial advisers at big firms didn't crash and burn.
Strategic Financial Solutions has seven advisers and is based in Cedar Rapids, Iowa.
Colleen Bell, Jeff Vivacqua and Seth Miller become presidents of their respective divisions as part of a new organizational structure.
Volatile markets may be holding recruiting activity back from its breakneck pre-pandemic pace but mergers and acquisitions have more than rebounded from the 2020 low.
'Tis the season? LPL points to 'seasonality' to explain the slight bump in the rate of adviser pay in Q2.
B. Riley Financial had purchased a large stake in National Securities Corp.'s parent in 2018 and bought the remaining shares last year.
As part of the program, confidential mental health support will be provided to employees of the company’s six independent broker-dealers.
Former LPL exec Burt White recruits Ryan Detrick for Carson Group's newly created role of chief market strategist.
It's the latest action in the SEC's long-running campaign to crack down on disclosure and best-execution failures involving 12b-1 fees.
Bill Sappington will lead efforts to build the IBD’s banking and lending platform.
Two advisers came from Merrill Lynch, others from independent brokerages.
The deal adds $26 billion under advisement and more than 400 advisers to Mariner's existing back-office platform.
