Firm agreed to leave more than 40 senior staffers alone until September or until RCS Capital's bankruptcy plan becomes effective.
Valerie Brown, former CEO of Cetera Financial Group, will join Advisor Group as executive chairman of the board.
Firm owners attempt to balance rewarding adviser performance with keeping a lid on compensation. </br><b><i>(More: <a href="//www.investmentnews.com/section/specialreport/20151018/COMPSTAFF"" target=""_blank"" rel="noopener noreferrer">IN's 2015 Adviser Compensation and Staffing Study special report</a>)</b></i>
<i>Breakfast with Benjamin</i> According to Meb Faber, within four years, ETFs will have more assets than mutual funds. But before that, they have to navigate their way onto retirement plan menus.
They will need to marginally modify their policies and procedures, adjust client agreements and other documents, as well as provide additional client disclosures.
Low fund fees and big fund complexes equal outperformance.
The deal increases Merriman's assets to about $2 billion based on SEC documents filed last month.
Plus: Going after tax inversions goes after the middle class, the sun is setting on solar energy funds, and the baseball bat gets an upgrade
Emails show collaboration on strategy and event planning between the powerful lobby, the administration and Labor Department.
Activist investor exits after Legg lost 42% of its value in past year.
Changes will be felt most markedly in the retail market, where investors will serve as their own enforcement agents.
Final version includes a number of changes that address the most serious concerns of those who most vehemently criticized it.
The broker lobbying group also remains concerned about cost and limited investment choices for investors.
Fund wants to diversify product line and strike while the iron is hot with proposed acquisition of the Alpha Defensive Alternatives Fund
Advisers should weigh wealth management technology as an answer to their small-account woes.
The tax advantages might not be worth it.
The investment advisory firm is the third RIA to join the wealth management group this year.
Factoring in Fed policy, cheap oil, and living with volatility
Firms need to be proactive in conveying information to their advisers.
Three investment advisers who charge fees, commissions and by the hour for their services don't anticipate big changes at their firms.
