IBDs http://wealthmanagement.com/taxonomy/term/39421/more en RCAP Reorganization Plan for Cetera Is Approved http://wealthmanagement.com/ibds/rcap-reorganization-plan-cetera-approved <div class="node-body article-body">RCS Capital’s plan for Chapter 11 reorganization has been approved by a U.S. bankruptcy court for the district of Delaware. </div> <p><a href="http://wealthmanagement.com/ibds/rcap-reorganization-plan-cetera-approved" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/rcap-reorganization-plan-cetera-approved#comments IBDs Thu, 19 May 2016 19:00:00 +0000 1188401 at http://wealthmanagement.com <p>Cetera Financial is one step closer to becoming an independent entity.</p> Former LPL Exec Robert Moore to Be Next Cetera Chairman http://wealthmanagement.com/people/former-lpl-exec-robert-moore-be-next-cetera-chairman <div class="field-deck"> There are no further impediments to Cetera parent RCS Capital’s emergence from bankruptcy. </div> <div class="node-body article-body">Former LPL Financial President Robert Moore will be named non-executive chairman of the board of Cetera’s parent company, which is nearly out of bankruptcy. </div> <p><a href="http://wealthmanagement.com/people/former-lpl-exec-robert-moore-be-next-cetera-chairman" target="_blank">read more</a></p> http://wealthmanagement.com/people/former-lpl-exec-robert-moore-be-next-cetera-chairman#comments IBDs People Wed, 18 May 2016 20:46:00 +0000 1187131 at http://wealthmanagement.com <p>Robert Moore</p> LPL Grows Net Income 88 Percent, Beats Earnings Estimates http://wealthmanagement.com/ibds/lpl-grows-net-income-88-percent-beats-earnings-estimates <div class="node-body article-body">LPL Financial announced first-quarter net income of $50 million, or 56 cents a share, beating analysts’ expectations by 12 cents.</div> <p><a href="http://wealthmanagement.com/ibds/lpl-grows-net-income-88-percent-beats-earnings-estimates" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/lpl-grows-net-income-88-percent-beats-earnings-estimates#comments IBDs Thu, 28 Apr 2016 21:09:00 +0000 1170921 at http://wealthmanagement.com Cetera Recruits $200 Million Firm http://wealthmanagement.com/ibds/cetera-recruits-200-million-firm <div class="node-body article-body">Despite its parent company going through bankruptcy, Cetera Advisor Networks has recruited Empire Asset Management group, a hybrid practice with $200 million in client assets.</div> <p><a href="http://wealthmanagement.com/ibds/cetera-recruits-200-million-firm" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/cetera-recruits-200-million-firm#comments IBDs Wed, 20 Apr 2016 20:25:00 +0000 1164181 at http://wealthmanagement.com The New Minimum Requirements of the Advisor-Broker/Dealer Relationship http://wealthmanagement.com/ibds/new-minimum-requirements-advisor-brokerdealer-relationship <div class="node-body article-body">These days, higher levels of service and support, growth and a strong technology platform are a given at b/ds. Is your firm up to snuff?</div> <p><a href="http://wealthmanagement.com/ibds/new-minimum-requirements-advisor-brokerdealer-relationship" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/new-minimum-requirements-advisor-brokerdealer-relationship#comments IBDs Business Planning Tue, 12 Apr 2016 12:35:00 +0000 1156011 at http://wealthmanagement.com drante/iStock/Thinkstock Charles Schwab Tops in Investor Satisfaction http://wealthmanagement.com/blog/charles-schwab-tops-investor-satisfaction <div class="node-body blog-body">Charles Schwab tops J.D. Power survey, Private Client Services adds Los Angeles foothold, Redstone competency case settles and Manseuto's new mansion revealed. </div> <p><a href="http://wealthmanagement.com/blog/charles-schwab-tops-investor-satisfaction" target="_blank">read more</a></p> http://wealthmanagement.com/blog/charles-schwab-tops-investor-satisfaction#comments IBDs Legal People RIAs Blogs High Net Worth The Daily Brief Mon, 11 Apr 2016 10:00:00 +0000 1154731 at http://wealthmanagement.com Private Equity Firm Buys Majority Stake in NFP Advisor Services http://wealthmanagement.com/ibds/private-equity-firm-buys-majority-stake-nfp-advisor-services <div class="node-body article-body">Stone Point Capital now owns a majority stake in NFP’s advisor business, which will now be known as Kestra Financial. </div> <p><a href="http://wealthmanagement.com/ibds/private-equity-firm-buys-majority-stake-nfp-advisor-services" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/private-equity-firm-buys-majority-stake-nfp-advisor-services#comments IBDs RIAs Mon, 04 Apr 2016 19:18:00 +0000 1150251 at http://wealthmanagement.com RCS Capital Filed Prepackaged Bankruptcy for B/D Holding Companies http://wealthmanagement.com/ibds/rcs-capital-filed-prepackaged-bankruptcy-bd-holding-companies <div class="node-body article-body">RCS Capital filed for prepackaged Chapter 11 bankruptcy for the holding companies of certain broker/dealers over the weekend, bringing Cetera Financial, the firm’s brokerage arm, closer to becoming an independent entity.</div> <p><a href="http://wealthmanagement.com/ibds/rcs-capital-filed-prepackaged-bankruptcy-bd-holding-companies" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/rcs-capital-filed-prepackaged-bankruptcy-bd-holding-companies#comments IBDs Fri, 25 Mar 2016 18:48:00 +0000 1142941 at http://wealthmanagement.com Wells Fargo FiNet’s Brand, Resources Winning HNW Advisors http://wealthmanagement.com/ibds/wells-fargo-finet-s-brand-resources-winning-hnw-advisors <div class="field-deck"> Wells Fargo FiNet scores HNW advisor with almost $700 million in assets </div> <div class="node-body article-body">Wells Fargo's independent advisor unit is attracting more high-net-worth advisors, the latest being Jim Murray, a former U.S. Trust advisor with nearly $700 million in assets.</div> <p><a href="http://wealthmanagement.com/ibds/wells-fargo-finet-s-brand-resources-winning-hnw-advisors" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/wells-fargo-finet-s-brand-resources-winning-hnw-advisors#comments IBDs People Fri, 18 Mar 2016 18:43:00 +0000 1137681 at http://wealthmanagement.com Copyright Justin Sullivan, Getty Images <p>West Lake Village, Calif.-based&nbsp;Jim Murray joined Wells Fargo FiNet&nbsp;this week from U.S. Trust.&nbsp;</p> LPL Slashes Pricing As It Preps for Post-DOL World http://wealthmanagement.com/ibds/lpl-slashes-pricing-it-preps-post-dol-world <div class="node-body article-body">LPL will lower pricing and account minimums as it prepares for the coming Department of Labor fiduciary rule and shifts to a more fee-based model. </div> <p><a href="http://wealthmanagement.com/ibds/lpl-slashes-pricing-it-preps-post-dol-world" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/lpl-slashes-pricing-it-preps-post-dol-world#comments IBDs Legal Wed, 16 Mar 2016 20:11:00 +0000 1135471 at http://wealthmanagement.com