After severe weather crimped its recruiting efforts over the winter, LPL Financial says it's seeing a return to normal levels of adviser movement but that the once-hot nontraded REIT market is cooling off.
Independent broker-dealer plans to invest $150 million, add 2,000 jobs in region
HighTower chief executive Elliott Weissbluth says adding new platforms will help the firm achieve a business model and scale comparable to that of Raymond James. Mason Braswell has the story.
Chicago-based team has moved to LPL's hybrid RIA platform.
Why did Sterne Agee <a href="http://www.investmentnews.com/article/20140527/FREE/140529934">fire CEO James Holbrook Jr.?</a> Many want to know, especially since the firm and its former CEO were recently accused of all manner of professional hanky-panky.
Nicholas Schorsch's network of independent broker-dealers is closing in on nearly 9,000 reps.
Schedules a shareholder vote, discloses ongoing investigations of former father-son executive team.
Probe reportedly looking into misuse of company assets such as airplanes, boats, condos.
REIT czar Nicholas Schorsch is keeping up his acquisition pace, agreeing to buy rival wholesaler Validus Strategic Capital Partners, a B-D of nontraded REITs and BDCs. Bruce Kelly has the story.
Mimi Bock and Ryan Parker to get new responsibilities
One of several tax extenders the committee will take up Thursday.
Match 'made in heaven' says president of WRP, which has 350 reps and had $48 million in gross revenue in '13.
Regulator still reviewing industry comments on rule to give investors better handle on share values.
Wells Fargo is testing new models that would pay on a salary plus commission basis in effort to attract Millennials
At its board meeting, Finra approved background checks for brokers and plans to consider requiring new information such as exam scores on BrokerCheck.
<i>Breakfast with Benjamin:</i> Brokers pouncing on 401(k) biz. Plus: The Clintons dodge the estate taxes they support. The Fed wants to add exit fees to bond funds, U.S. banks on the edge of new funding rules, Congress mulls investor confidence on your dime, El-Erian sides with the IMF, and merger mania is alive and well.
After firing James Holbrook Jr. in May, the regional brokerage alleges the former chief executive used corporate credit cards for personal expenses and company resources on sporting events.
