Displaying 174 results
The big juicy pork chop
In the latest episode of the InvestmentNews Podcast, Jeff Benjamin and Bruce Kelly analyze LPL Financial’s latest effort to stay ahead of the recruiting curve
A tale of two PPP loans
Small broker-dealers lined up for the free cash — but did all of them use it as intended?
DOL urged to extend comment period for fiduciary proposal
Consumer and investor advocacy groups have asked Labor to provide more time for public input
Edward Jones files to create bank
The broker-dealer's Utah-chartered industrial bank could open in 2021
Stifel snags $935 million adviser team from Merrill Lynch
The four-person adviser team marks the third to transition away from the wirehouse in favor of the independent platform this year
More ‘doubt’ about this broker-dealer’s future
Newbridge Securities reported large deficits for 2019, according to its auditor
U.S. Bank taps veteran wirehouse exec to head advisory unit
Beth Lawlor was named president of the bank’s private wealth management business
Edward Jones contributes $1.2 million to civil rights groups
The company also announced a five-part plan to address racism, which includes an analysis of home office employees' pay
Small broker-dealers are facing a dilemma
B-Ds must ask themselves whether they’re in the advice or the sales business
LPL offers plan to guarantee value of adviser’s business
The plan is designed to prevent financial disruption if an adviser dies or makes some other unexpected exit from the business
Banks cite gains against fintechs
Pandemic is encouraging consumers to do business with larger companies, says Morgan Stanley's CEO
Trio managing $370 million exits Wells Fargo for LPL
The Springfield, Ill., employee brokers are affiliating through the Private Advisor Group, one of LPL's largest OSJs
Battle of the business models
RIAs keep gaining, while small broker-dealers are feeling increased pressure from the pandemic as well as the need to comply with Reg BI
$230 million team joins Commonwealth from Securities America
Buckley Financial Planning, a father-and-son duo, operates from two Ohio locations
A contemplation of Regulation BI
The brokerage industry, which has a reputation for not always quietly abiding to external forces, has remained curiously silent on the impending changes
$400 million bank program shifts to LPL
Landmark Bank had used the Raymond James platform before being acquired by Simmons Bank
Showdown in 2nd Circuit over Reg BI
The smart money is betting the SEC will prevail in the challenge to its new rules scheduled to take effect June 30
LPL snags another Securities America team
The move by Winston Wealth, a hybrid managing $300 million, follows a similar shift last week by JFC Financial
LPL’s Arnold sees different financial advice business post COVID-19
Less real estate and more reliance on artificial intelligence could be in the industry's future
Raymond James to focus on ‘virtual’ recruiting
Travel restrictions and uneasiness about in-person meetings mean recruiting is moving online
