$150 million acquisition adds about 730 advisers and independent reps managing more than $20 billion in client assets to the St. Louis firm run by Ron Kruszewski.
Proponents of a fiduciary standard are ganging up on commission-based advisers through public shaming regarding the Suitability standard.
With new presence in the ETF strategist game, Vanguard wins Envestnet, Cambridge and more retirement-plan business.
Deal with insurance marketer Producers Choice is expected to give the broker-dealer greater control over the way annuities are wholesaled to its advisers.
Manager known as a 'turnaround artist' to take financial helm after Arnold bumped to president to replace Moore.
Ranking five big IBD networks by reps and revenue
A by-the-numbers look at 2014's highest-paying broker-dealers
New share class dubbed a “T share” cuts upfront commission brokers are paid but creates an annual trailing commission.
The business is male-dominated, but some independent broker-dealers have come close to having 30% of producing female reps on staff. Here's a break down of the gender divide.
These firms boosted their businesses significantly between 2013 and 2014
Despite lackluster sales of commission-rich products, 2014 revenues grew in line with the broad market. What does 2015 have in store? </br><b><i>(Plus: <a href="//www.investmentnews.com/section/specialreport/20150426/IBD042015"" target=""_blank"" rel="noopener noreferrer">Our full Top Independent B-Ds of 2015 special report</a>)</b></i>
Robert Moore's successor as LPL president talks about his earlier career and the challenges facing the independent broker-dealer industry
Nicole Petrosino, LPL's new head of federal government relations, outlines the firm's agenda, including getting advisers in front of their own elected officials
The $1.15 billion deal brings in 6,600 reps and four B-Ds under the RCAP umbrella.
CEO Mark Casady takes biggest hit; $1.5M bonus is down 41% from previous year
Nick Schorsch, who over the past five years grew to dominate the nontraded REIT business, this week put the independent broker-dealer industry on notice that he is a force to be reckoned with in that industry as well, with two deals in two days that would put his network second to LPL in rep headcount.
As markets thrive and wealth management becomes a focus at major firms, brokerage execs like Morgan Stanley's Greg Fleming enjoy bigger paydays.
Time for advisers to develop an online approach — here's how.
Longtime industry exec to use Cetera's First Allied as broker-dealer in setting up OSJ.
