Displaying 174 results
Morgan Stanley rep managing $658 million moves to Alex. Brown
Mark Pomerantz is joining the Raymond James unit in Los Angeles
Ameriprise, CI eyeing Wells Fargo asset management unit
Offers are due later this month for the division, which reportedly could fetch more than $3 billion
Trio managing $417 million heads to Raymond James
The team moved from Geneos Wealth Management
Texas teams managing $151 million link with Advisory Services Network
Springer Financial Services, a hybrid, and RB Welborn work in tandem
How to assess a firm’s culture in a time of virtual due diligence
11 questions advisers can ask to unlock what is often an intangible yet important aspect of their assessment of a firm
RIAs are killing it in 2020 recruiting
The numbers are way up, even as firms struggle amid the COVID-19 pandemic
Super OSJ overseeing $975 million shifts to Royal Alliance from Penn Mutual
Pacific Capital Resource Group, based in Bellevue, Washington, supervises 40 reps
Italian asset manager Azimut takes stake in Sanctuary
The investment will fuel Sanctuary’s plans to acquire more advisory firms
Two New York hybrids merge, creating $2 billion firm
Bernard Herold and Lantern Investments combine to form Herold & Lantern Investments
Election poses fresh challenge for Reg BI
If Democrats prevail, regulators may upset the new Reg BI standard, leading to big changes in fee structures — or they may just leave it alone
LPL sees more industry consolidation coming
LPL, a recruiting powerhouse, reported a year-over-year gain of 819 financial advisers at the end of September
Raymond James still ‘very pleased’ with recruiting in face of COVID-19
CEO Reilly also cites potential for strong recruiting gains in future quarters given pent-up demand among some wirehouse advisers
LPL Financial snaps up trading platform Blaze Portfolio
The technology will help LPL advisers to run a model portfolio-based practice, according to Chief Investment Officer Burt White
Securities America loses top executive to Carson Group
The departure of Kevin Miller, formerly executive vice president, adds to a growing list of high-level employees to leave the firm in recent months
Avantax imposes new fee on held-away accounts
The new charges will be levied on a popular pathway for advisers to conduct business directly with mutual fund companies
David Lerner Associates’ liabilities keep growing
The broker-dealer reported a 'negative net worth' of $22 million last year
Tom Nally out at TD Ameritrade
The longtime president of its institutional business is leaving the company, coinciding with its acquisition by Charles Schwab
Four bank advisers managing $678 million affiliate with Raymond James
Scott Southerland, Jeff Cox, Mark Whitley and Josh Holby move to Pinnacle
Fed approves Morgan Stanley acquisition of ETrade
At the same time, Toronto-Dominion Bank’s acquisition of an ownership stake in the Charles Schwab Corp. was also approved
Cambridge buys small broker-dealer with $4 billion in assets
The deal comes as mergers and acquisitions in the brokerage industry have slowed to a crawl due to disruptions caused by COVID-19
