Non-compensation costs have risen to 33% of total expenses, up from 26% in 2014.
Wirehouse advisers fear that they'll have less access to fixed-income investments in the independent space, but the opposite is true.
Advisers working for wirehouses and regional firms control vast amounts of assets that LPL would like to bring under its umbrella.
GPB paid commissions of 9.3%, or $167 million altogether, on the firm's private placements.
Democrats want the Government Accountability Office to examine how brokerage and other financial firms' businesses have changed since the new requirements were vacated last year.
Four-adviser group in Lewes, Del., operates as MCH Wealth Management.
Plan also provides states $48 billion annually to eliminate undergraduate tuition and fees at public colleges and universities
Financial pros argue that a transaction levy will hurt mom and pop investors along with investment houses.
Advisers don't want a replay of 2008 when clients bailed out of the advice industry.
What are brokers and advisers to make of all this? We may be a long way from knowing, but there's a lot to watch while we wait.
Seven portfolio managers share their outlooks for the rest of the year, generally agreeing that it's been hard for active managers to stand out.
40 Under 40 alumni share their thoughts on where they see the financial advice industry going.
Leadership is not easy, but adhering to these fundamentals will set you on a path to greatness.
40 Under 40 award alumni discuss where they see the profession heading.
Court will determine remedies against Donald Fowler at a later date.
For failing to credit discounts to customers, Citi will pay $377,000.
Giving by corporations, foundations, as well as individuals, fell an estimated 1.7%.
One has dropped by 25.4% and the other by 39%, according to the company.
The Supreme Court upheld same-sex marriage. What does this mean for married and unmarried gay couples now?
Prospect of the first interest-rate cut in 10 years has some advisers fearing recession.