The independent-contractor-brokerage industry continues to see consolidation.
LPL Financial LLC will soon take the wraps off a major technology initiative intended to appease its 12,799 reps and advisers.
This year has meant big changes for some superstar financial advisers, with the latest, Ric Edelman, expressing his deep displeasure with the economics of the independent-brokerage business
Well-known veteran investment adviser Rob Isbitts will oversee investments for Ron Carson's new RIA.
Firm that bears no relationship to the Oracle of Omaha or Berkshire Hathaway filed offering with the SEC last month
COR Securities agrees to buy clearing firm, makes offer for holding company of two indie B-Ds
A small broker-dealer in Buffalo is shutting down next year because its five teams of financial advisers want to find a better fit for their individual businesses.
Facing tremendous economic pressure and regulatory hurdles, small and midsize broker-dealers will continue to close, leaving hundreds and perhaps thousands of registered representatives and investment advisers seeking new homes for their books of business next year, executives and consultants said.
