Regulator also levies $200,000 fine, cites Cetera's failure to review rep's disclosures
He prevails over a candidate backed by Finra's board to fill one of three large-firm positions.
In this J.D. Power survey, advisers rated their firms on qualities such as client support, compensation and firm leadership.
UBS exec Richard Steinmeier will replace Bill Morrissey, who is retiring after a number of LPL recruiters jumped ship.
Boutique firm has recruited eight financial advisers in the past two months, including four from Merrill Lynch.
Separately managed account invests in stocks of companies that use the distributed ledger system.
Flood Financial Services switches broker-dealer and RIA platforms.
Developed by Entreda, the platform will ensure every computer and mobile device is secure when accessing client data.
The move is intended to cut compliance costs for firms as well as make the registration and disclosure process more efficient.
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
CEO Daniel Bryant: 'It's a logical next step for us. This has always been our intention, regardless of what IFP is doing.'
Complaint alleges the firm's policies limit African-Americans' 'income and advancement opportunities'
Utah moves to charge Cetera, LPL and CUSO over failing to represent credit union relationships correctly.
With revenue up, interest rates rising and regulation easing, IBDs are soaring.
Data include a breakdown of fee, commission revenue.
We sifted through the nearly 1,000-page proposal and picked out some of the most important points.
75-year-old owner Arthur Grant positions the IBD for the 'next 33 years.'
Ingham Retirement Group, which works primarily with employer-sponsored plans, left because the firm's brokerage business had been declining.
Regional brokerage Benjamin F. Edwards is still in its 'first inning' of growth.
Ruckus over recruiting agreement has even wirehouse lifers wondering if it's time.
