Despite a stock market decline, revenue is up. And the streak isn't expected to end anytime soon.
Interest-rate environment, growth of buffered annuities and loss of the DOL fiduciary rule helped grow sales by $3.7 billion last year.
Sheryl Garrett is this year's InvestmentNews Icon.
Adviser seeks $10 million in damages in dispute over copyrighted sales materials.
As big brokerages lose their competitive edge, regionals are offering a home to advisers who want to stay in the employee channel.
List of top advisers at the firm comes after Social Security numbers were put at risk.
Blucora is paying $180 million in stock for 1st Global, with 850 advisers.
The independent broker-dealer had $233.3 million in recruiting loans on its books, a 46% increase over 2017.
What did IBDs that sold GPB private placements know about its trash hauling companies?
Agency's inquiry follows SEC and Finra investigations into private placement firm, which has raised $1.8 billion from wealthy investors.
Chairman says management is 'rock solid' despite the departure of CEO Robert Moore.
Current owner Stone Point Capital, Kestra management and some advisers will retain equity positions in the indie B-D.
Brokers are rejecting a culture driven by leaders who lack ethics and who have never been advisers.
CEO Robert Moore's resignation signals further adjustments at the IBD network.
Chairman Ben Brigeman will serve as interim chief executive while a search for a permanent CEO is conducted.
Sources say Kestra is being valued at between $600 million and $800 million, about eight to 10 times EBITDA.
IBD agrees to repay customers $1.9 million in addition to a $225,000 fine
Arbitration claim accuses well-known adviser of actions that resulted in excessive fees.
Floyd Powell received $104,000 in commissions from the transactions.
Increased trading and higher interest rates helped the firms weather volatility, Moody's says.
