NFP Securities Inc., which in the past has targeted its brokerage services to the insurance agencies and financial planning firms owned by its parent, National Financial Partners Corp., is re-branding itself to attract a broader base of hybrid advisers and registered investment advisers.
Purchase will boost indie B-D's new unit targeting the mass market
50% drop in broker comp makes the case for going independent
Boss of Wells Fargo indie B-D shifts to affiliated clearing business
It's another big win for LPL, as star adviser Erin Botsford leaves DeWaay Financial and hooks up with the big indie B-D
Indie B-D Brookstone Securities ceased operations last night, just weeks after a Finra panel ordered it to pay $2.6M in fines and restitution for selling CMOs to seniors. Sources claim the brokerage's reps were not paid today.
Next Financial Group Inc. has agreed to pay $2 million in restitution to clients who bought oil and natural gas private placements of Provident Royalties LLC.
Moving from Wells Fargo's Financial Services Group to indie B-D
Wells Fargo B-D aims to reward reps who bring in new business; no longer 'recruit or die'
Additional features aimed at boosting ease of use, robustness of adviser database
Arnold named CFO; currently head of strategy
Brokerage ordered to pay $3.7M for jacking up prices on tax-exempt bonds and CMOs; head trader suspended
