For decades, the bulk of the retail brokerage industry has moved away from selling expensive, proprietary funds.
The IBD has also added a new advisor from Morgan Stanley in Utah, while LPL welcomes an $850 million team from Cetera.
Appointment signals the hybrid RIA's commitment to data-driven decision-making across its five-channel ecosystem.
Stan Gregor's acquisitive RIA firm expanded its reach in the South as a veteran advisor duo parted ways with Raymond James.
The new technology leader at Focus Financial Partners, Mark Israel, comes with 30 years' experience including a notable stint at Fisher Investments.
Inflation is exacerbating a problem for millions of retirees.
Integrated Partners President Andree Mohr highlights due diligence around data, CRM integration, and advisor training as key steps in firms' adoption journey.
Assumptions of dour retirement outcomes from paying for long-term services and support are patently divorced from reality, argues the American Enterprise Institute.
FINRA says AAG Capital failed to maintain oversight in line with Reg BI, leading some life insurance customers to give up death benefits worth over $100,000 more than the cash surrender value.
LPL is an acquisition machine, but the two deals are designed differently.
LPL is strengthening its high-net-worth planning and tech capabilities while the multi-family office and RIA sets the scene for a selective dealmaking strategy.
SEC comissioner Hester Peirce and FINRA CEO Robert Cook stressed the importance of partnership between the two organizations during a recent FSI conference.
Meanwhile, former Bison Wealth-affiliated firm QTR is spreading its wings as a fully independent RIA in Florida.
Wall Street strategists see rate cuts ahead.
Global trade tensions are the top risk cited by survey participants.
Analysts believe one major banking sector has more room to gain.
Confidence is weakening and retirement savings are lacking.
With a wider menu of managed accounts coming in the 401(k) space, advisors must be prepared with a process to determine when more personalized service is a good fit for participants.
An effort by the advisor to move to the bank's independent contractor division proved to be a critical detail to the dispute.
The New York-based advisor, formerly affiliated with Securities America, has also been suspended for failing to disclose his status as a beneficiary.
