Plaintiff says automated investment advice program is a 'predatory racketeering enterprise'
The three-member adviser team expands the footprint of Syntal Capital Partners.
A central argument against the DOL fiduciary rule is that investors with smaller accounts will be abandoned. But many advisers stand ready to serve them.
Despite a trying year, the firm has said it will sweeten signing bonuses for veteran advisers.
Craig Price claims he was fired for speaking up about the abuse of a trust fund.
Welcome to the August issue – where we look at the big news, announcements and underlying trends.
Four-person group joins the Alex. Brown division of Raymond James.
Independent broker-dealer signs up 15 teams from the bank's wirehouse in the second quarter.
Information includes names, Social Security numbers of tens of thousands of wealthy clients.
If wirehouses can successfully reduce their reliance on signing bonuses to recruit brokers, they could increase profits.
Chairman and CEO of the bank that contains Merrill Lynch says the DOL regulation is part of a larger trend in financial services.
One hundred and thirty advisers left in the second quarter, marking the firm's third consecutive quarter of reductions.
Claimants asserted firm was negligent and breached its fiduciary duty.
Firm censured for inaccuracies and errors in OTC options reports from 2008 through this year.
The move is part of an enhanced digital approach the firm plans to roll out in stages over the next several months.
The team is comprised of four-advisers, working in Paramus, N.J.
Firms have trimmed their lineups of investment products, leveled broker compensation and standardized compensation across product lines
The firm has created a new role, head of the field, and eliminated division-level leadership positions
Brokers will be paid a flat rate based on clients' retirement assets, not transactions.
The firm will pilot the program with 500 advisers in July and expects to roll it out to all of them by year-end.
