Benjamin W. Wong jumps ship as LPL begins absorbing his former firm.
Firm continues push toward goal of $5 billion in assets by year's end.
The regulator has completed reviews of all 6,300 arbitrators as arbitrator bias is “one of the hottest topics” this year
Regulator signs off on a rule that stops brokers from including expungement as a term in settlements in customer arbitrations
Firms use succession agreements to keep brokers from taking their assets with them when they jump ship.
CEO Walt Bettinger says his firm is working on a “groundbreaking” online advice platform, though details and a timeframe remain unclear.
Asset management fees were up almost 17% year-over-year; total client balances hit $2 trillion.
Wirehouse raked in $544 million, up 25% from the year-earlier quarter.
A former John Thomas Financial broker's bankruptcy filing highlights an enforcement challenge: dodging customer complaints. <b><i>Plus: <a href="http://www.investmentnews.com/article/20140527/FREE/140529939">More advisers succumb to personal bankruptcies</a></b></i>
