'Tis the season? LPL points to 'seasonality' to explain the slight bump in the rate of adviser pay in Q2.
B. Riley Financial had purchased a large stake in National Securities Corp.'s parent in 2018 and bought the remaining shares last year.
As part of the program, confidential mental health support will be provided to employees of the company’s six independent broker-dealers.
Former LPL exec Burt White recruits Ryan Detrick for Carson Group's newly created role of chief market strategist.
It's the latest action in the SEC's long-running campaign to crack down on disclosure and best-execution failures involving 12b-1 fees.
Bill Sappington will lead efforts to build the IBD’s banking and lending platform.
Two advisers came from Merrill Lynch, others from independent brokerages.
The deal adds $26 billion under advisement and more than 400 advisers to Mariner's existing back-office platform.
Old Town Advisors in Albuquerque, New Mexico, is affiliating through OSJ Concurrent Advisors.
Financial adviser moves are up 3.8% year over year through the first five months of the year but down when compared to their most recent high in 2019.
The Pennsylvania-based firm's 40 advisers, who manage $5 billion in assets, will become part of LPL's employee channel.
Stephen Straus began his career in 1968 and was still showing up in the office every day at age 88.
Jennifer Marcontell had been with Edward Jones for 22 years in Baytown, Texas.
The acquisition of American Portfolios could bolster the network's revenue and profit margins over time, according to the rating agency.
The 'external system breach' put the Social Security numbers of 2,188 of the firm's clients at risk, according to the Maine Attorney General's office.
The deal for American Portfolios Financial Services Inc., a New York independent broker-dealer, brings Advisor Group 850 advisers who oversee close to $40 billion in client assets.
Some custodians and IBDs will require that an advisory firm move its assets off their platform if the firm is acquired or merges with one of the consolidators.
United Planners' Financial Services was negligent in 2018 when it failed to inform clients that GPB had missed a deadline for filing financial information, according to Finra.
The Private Client Service Network will help select LPL advisers assist their clients with such tasks as the sale of small or midsize businesses; hedging concentrated stock positions; and specialty lending.
The three advisers are setting up shop as Harvest Wealth in the Maryland suburbs of Washington.
