The firm's latest additions, including two brothers, bolster its employee advisor business in Scottsdale, Arizona.
It’s been a tumultuous week for Commonwealth Financial Network, a leading independent broker-dealer.
Farhad Firoozi is the latest in a long line of senior executives Wells Fargo Advisors has hired from rivals.
The two broker-dealer firms have expanded in Kansas and Georgia as they recruit defectors from Osaic and Edward Jones.
The firm's new chief legal officer brings nearly three decades of experience, including tenures at Credit Suisse and UBS.
But LPL's message to Commonwealth advisors is focused on retaining its culture, not an easy thing to do.
RayJay is adding a $465 million team to its employee advisor arm in West Virginia as Equitable recruits an experience advisor in New York.
'I’m taking a moment to pause and reflect,' one Commonwealth advisor tells IN.
Finra says the former rep from Indiana transferred names, Social Security numbers, and other information associated with more than 1,300 customers to his personal email accounts.
Chatter about LPL, a behemoth, buying Commonwealth Financial Network, a boutique, has been building all week.
The firm's latest additions, led by a second-generation financial advisor, are striking out via its Linsco employee advisor channel.
'If I were on the side of Alpine Securities, I’d put all my eggs in the federal court,' one attorney said.
But one industry executive believes his pay could catch up over time.
The market for municipal bonds is notorious for being opaque and filled with difficult to price securities.
The top-ranked IBD giant is looking to bolster its workforce with thousands of new independent advisors, representatives, and interns.
With 30 years of industry experience, Ronice Barlow is set to help steer the ICD as the unit's first-ever COO.
Cash sweep programs have turned into a bit of a viper’s nest for the financial advice industry, particularly large broker-dealers.
The firms' latest additions in Florida and Nevada come as a strategic change at UBS raises risk of advisor defections.
"LPL's salespeople are all over the place," said one senior industry executive.
The firm’s CFO, head of recruiting, and head of advisor relations have followed its CEO out the door.
