IBD News

In many cases, the economics of the independent model can be exponentially better than those being touted by the wirehouses today...

Advisors who switched firms in recent years saw a jump in their compensation, especially those who went independent...

Ameriprise Financial’s advice and wealth management segment was the bright spot in the firm’s first quarter earnings report released Monday, with high advisor productivity, increased margins and record net inflows...

MetLife’s recent sale of Walnut Street and Tower Square is just the latest sign that insurance firms aren’t in the IBD business to stay...

In the latest expansion of its rapidly evolving empire, California-based Cetera Advisor Network extends its footholds in the Midwest and Northeast with the purchase of two MetLife broker/dealers...

Just when the industry thought it didn’t have to worry about the DOL, the agency has made it clear that its fiduciary standard is imminent. For registered reps and RIAs alike, it could change the game...

LPL Financial’s fourth quarter earnings were down slightly, but the news was overshadowed by an order to pay $2 million in restitution for improper sales of non-traded REITs...

In our third annual Independent Broker/Dealer Report Card Survey, reps turned out to sing the praises of their firms. But who are they kidding? The IBD business is in a tight spot...

I would like to thank the FAs who completed our third-annual independent broker/dealer survey. It’s much appreciated. A word about the survey: By and large, we found FAs were happy with their firms. We queried the top 75 IBDs listed in our reader database. (We relied on Cerulli Associate’s headcount...

Brett King, author of Bank 2.0 and founder of Movenbank, delivers the FSI OneVoice 2013 keynote address on why the current advisory model is doomed...