The increase comes after Fraser initiated what's billed as the largest reworking of Citigroup in decades.
About a quarter of Americans have tried a tech-based savings or investing service, and companies with scale are getting the most business, a report from Hearts & Wallets finds.
New high-net-worth services offering provides access to advisory dream team of attorneys, CPAs, and advanced planning specialists.
Echelon Partners report shows RIAs continuing to gain market share in 2023, while private equity firms figured in three-fifths of transactions.
The firm will settle claims with two US regulators that it failed to feed information on trades into market surveillance systems.
The board lifted the CEO's pay after the firm's profit tumbled last year.
'A lawyer may tell an advisor like this, there's no upside in responding to Finra, just leave the industry,' says a senior brokerage executive.
Based in South Florida, the Behar-Nagel Group is the latest to join Raymond James’ employee advisor channel.
Victoria, Texas-based CoastPoint Financial adds $150 million in client assets to the broker-dealer giant’s network.
Based in South Carolina, the three-person holistic planning practice is joining a 4,000-strong network of advisors.
The acquisition of Atria will transform LPL 'from a leading player in the space into a category killer,' analyst says.
The seasoned advisor oversees more than $120 million in assets at his planning and investment practice in Rome, Georgia.
The firm saw a year-over-year drop of 65 percent in new asset flows in January, including a steep slowdown in core net new assets.
‘When I got here in 2016, I had no idea who the alternative investment sponsors were,’ says Jamie Price of Osaic.
The seasoned advisor brings more than two decades of industry experience.
The disgraced advisor fleeced more than 400 investors in a fraudulent 'private equity' fund over a 13-year period.
Other firms that saw big increases in the number of CFP professionals in 2023 included Charles Schwab and Northwestern Mutual.
LPL's equity purchase of Atria will cost the firm at least $805 million.
'This appears to be more of a reflection on Stifel,' one industry recruiter says.
Following a failed California lawsuit, M&A client is trying again in New York.
