Two weeks ago, public was told he was leaving top job at HD Vest after less than two years to spend time with family.
Firm wants to help brokers shifting to fee-only business, and compete with custodians such as Schwab in technology and practice management.
The purchase, which will become effective at the start of 2019, is Mariner's first venture into Houston.
Former Labor Department assistant secretary and mother of the DOL fiduciary rule signs on with largest registered investment adviser.
CEO Rudy Adolf defends business model during earnings call; shares drop 12%.
Access to clients through E*Trade's 30 branch offices drew the attention of RIA Edelman Financial Engines.
Mercer stands out as an aggressive buyer of RIAs, having done more than a dozen deals in two years.
Broker-dealer returns to investors the nearly $900,000 it gained by placing clients in higher-cost funds.
Small Business Administration loans require that the seller departs the practice entirely within 12 months of closing.
Commonwealth Financial's Wayne Bloom says brokers are turning in their Finra licenses and going fee-only
Julia Carlson learned to manage her fast-growing practice by spreading responsibility and accountability across the leadership team.
USAA will continue to operate as an insurance brokerage and banking business<a href="https://www.investmentnews.com/article/20170930/FREE/170939998/armed-forces-personnel-need-the-help-of-financial-advisers" style="color:#b10816" target="_blank">​ </a>serving military families.
The regulation hasn’t kept up with developments in the advice industry or technology, according to compliance experts
New role comes as the nation's largest custodian faces questions about its commitment to advisers.
State actions against advisers outpaced those against brokers.
While a COO is often seen as an added expense, having someone in the role can free up the CEO and help the firm grow
Agency reports 108 stand-alone enforcement actions involving investment advisers and companies, up 31.7%.
The Investor Advisory Committee will vote Nov. 7 on suggesting the agency clarify, expand broker requirements.
The former partners provide a blueprint for what can go wrong in a business relationship.
Seattle First Asset Management seeks the leverage of the nation's largest independent broker-dealer
