Results for "regional brokerages"

Displaying 184 results

Sort: Date | Relevance


Ex-Raymond James adviser barred over $1 million theft

October 3, 2014

Finra has barred an independent financial adviser with Raymond James Financial Services Inc. who allegedly pocketed nearly $1 million in client funds last year, according to a settlement offer posted on the regulator's website. From July to...

Schorsch adds industry veteran Dwyer to RCAP's team

September 23, 2014

RCS Capital Corp. continues to shake up its senior leadership and add top industry talent to its already deep management team. On Tuesday, RCAP said it had hired a former top LPL Financial executive, Bill Dwyer, as chief executive of Realty...

Edward Jones sponsors college-credit course to prep students for Series 7 exam

August 18, 2014

Starting this fall, some college students will be able to study for the primary securities licensing exam while they're still in school — a sneak peek that one firm hopes will spark their interest in becoming financial advisers. Kansas State...

Baird snatches Wells Fargo adviser with $350M in AUM

July 23, 2014

Robert W. Baird & Co. Inc. has added a top broker from Wells Fargo and a new director to its Houston market. Gary Foose Jr. joins the firm as a director and financial adviser in Houston with $350 million in client assets and $1 million in annual...

Private client group gains drive Raymond James to record quarterly profit

July 23, 2014

Raymond James Financial Inc. continued to build on momentum as pretax profit in the private client group hit a record $81.5 million in the firm's third fiscal quarter, a 39% increase over the same period last year. Strong growth in recurring...

Ex-Sterne Agee broker faces expulsion over $6 million hedge fund

July 11, 2014

A former Sterne Agee Financial Services Inc. broker could be expelled for allegedly running a $6 million hedge fund on the side. The Financial Industry Regulatory Authority Inc. charged Dean Mustaphalli for founding and receiving commissions...

Opinions on bull market split following most recent run-up

July 10, 2014

Financial advisers are facing a schism in the current perception of the stock market. After the S&P 500 closed at an all-time high of 1,985.44 on July 3, the question now facing advisers is whether the bull market in stocks that began in March...

As economy improves, veteran advisers stay put

July 10, 2014

Even industry recruiters are starting to admit that there's a lull in the war for top adviser talent. “I don't see that much movement,” said Michael King, a recruiter and president of Michael King Associates Inc. “I would have thought...

Indie reps happier at work than employee advisers: J.D. Power

June 30, 2014

Independent advisers continue to be happier at work than their colleagues who are employees of broker-dealers but the gap in job satisfaction between the two groups is narrowing. The 2014 job satisfaction score of independent advisers dropped...

Sterne Agee wants to remove Holbrooks from board

June 25, 2014

Sterne Agee Group Inc. wants to remove its former chief executive, James Holbrook Jr., and his son, Billy, the firm's former chief operating officer, from its board of directors. In a letter on Monday to its shareholders, the company's executive...

Sterne Agee's ousted CEO Holbrook said to face investigation

June 23, 2014

Sterne Agee Group Inc.'s former chief executive faces a probe into whether he misused company assets such as airplanes, boats, hunting clubs and condominiums, a person with knowledge of the matter said. The Treasury and Justice departments are...

Are nontraded REIT commissions headed for a fall?

June 19, 2014

Registered representatives who sell nontraded real estate investment trusts should brace themselves for upfront commissions that will likely be lower than in the past. Reps and their broker-dealers saw a bonanza last year from nontraded REIT...

Clintons jump through financial planning loopholes to dodge estate taxes they support

June 17, 2014

Bill and Hillary Clinton write the book on how to shrink the size of an estate for tax-saving purposes. These are the same Clintons who support estate taxes for everyone else. Awkward. Financial planning strategies benefitting the top 1% Commission-hungry...

Is AIG Advisor Group the next big fish Schorsch wants to land?

May 23, 2014

To build a network of 20,000 advisers, RCS Capital Corp. and Larry Roth, the newly anointed chief executive of its retail brokerage umbrella unit, Cetera Financial Group, are undoubtedly considering another big and bold move. Cetera will have...

Ranking how indie B-Ds have fared since the financial crisis

May 21, 2014

Indie B-D stock prices vs. S&P indexes Five years ago, the sky was falling on the independent broker-dealer industry. After the credit crisis and the stock market crash that followed the Lehman Brothers Holdings Inc. bankruptcy in September...

Erinn Ford named president of Cetera Advisors

May 21, 2014

Cetera Financial Group continues to shake up its management lineup, promoting Erinn Ford to president of one of its broker-dealers, Cetera Advisors. Most recently, Ms. Ford was senior vice president of adviser relations for Cetera Advisors,...

Finra holds off sending nontraded REIT share price rule to SEC

May 20, 2014

Finra is delaying sending proposed new rules to the Securities and Exchange Commission that would give investors a clearer picture of what it costs to buy shares of a nontraded real estate investment trust. The Financial Industry Regulatory...

Broker-dealers with the highest percentage of revenue from alts - IBDs reaping rewards from alts sales

May 1, 2014

Independent broker-dealers saw an increasing percent of their revenues derived from the sale of alternative investments, namely nontraded real estate investment trusts, in 2013. Indeed, the $20 billion per year IBD industry saw alternative revenues...

Adviser tech: Big data, gameification are next

April 27, 2014

Everett James (E.J.) Sutherland, Commonwealth Financial Network's chief information officer, is no stranger to the world of technology, but he's a relative newcomer to the broker-dealer universe. After beginning his information technology career...

Is Nicholas Schorsch's RCS Capital the new LPL?

April 27, 2014

Nicholas Schorsch relishes mentioning his hard-charging and fast-changing broker-dealer, RCS Capital Corp., in the same breath with industry powerhouse LPL Financial. At an investor presentation in January for RCS Capital, commonly referred...

« Previous PageNext Page »

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting It'll help us continue to serve you.

Yes, show me how to whitelist

Ad blocker detected. Please whitelist us or give premium a try.