IBDs http://wealthmanagement.com/taxonomy/term/39421/more en LPL Assures Advisors Can Grow 41 Percent http://wealthmanagement.com/blog/lpl-assures-advisors-can-grow-41-percent <div class="node-body blog-body">LPL Financial is promising their advisors can grow up to 41 percent if they utilize the firm’s technology solutions, including its ClientWorks platform.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/intelligent-advisor">Intelligent Advisor</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/lpl-assures-advisors-can-grow-41-percent" target="_blank">read more</a></p> http://wealthmanagement.com/blog/lpl-assures-advisors-can-grow-41-percent#comments IBDs Technology Blogs Intelligent Advisor Tue, 28 Jul 2015 20:03:00 +0000 953961 at http://wealthmanagement.com <p>Photo by&nbsp;<a href="https://twitter.com/MarathonWealth">Jeff Sandene,&nbsp;</a>Marathon Wealth Strategies.&nbsp;</p> <div>&nbsp;</div> <h2 dir="ltr">&nbsp;</h2> LPL Announces Robo Advisor At Focus 2015 http://wealthmanagement.com/technology/lpl-announces-robo-advisor-focus-2015 <div class="node-body article-body">During the opening remarks at its Focus 2015 conference, LPL revealed plans for a robo advisor. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/technology/lpl-announces-robo-advisor-focus-2015" target="_blank">read more</a></p> http://wealthmanagement.com/technology/lpl-announces-robo-advisor-focus-2015#comments IBDs Technology Mon, 27 Jul 2015 17:24:00 +0000 952881 at http://wealthmanagement.com DOL Comment Letter Dump: Top Firms Finally Weigh In http://wealthmanagement.com/industry/dol-comment-letter-dump-top-firms-finally-weigh <div class="node-body article-body"><p>Following the July 21 deadline for public comments, the Department of Labor on Thursday night released an additional 250 letters from some of the industry&rsquo;s largest financial services firms, including Bank of America, Edward Jones, Morgan Stanley and Wells Fargo. Even the robos weigh in.</p></div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/industry/dol-comment-letter-dump-top-firms-finally-weigh" target="_blank">read more</a></p> http://wealthmanagement.com/industry/dol-comment-letter-dump-top-firms-finally-weigh#comments IBDs Industry Regulation & Compliance Wirehouse Thu, 23 Jul 2015 21:07:00 +0000 951261 at http://wealthmanagement.com Ameriprise Advisors Post Record Productivity Amid Steady Growth http://wealthmanagement.com/ibds/ameriprise-advisors-post-record-productivity-amid-steady-growth <div class="node-body article-body">Ameriprise Financial reported record advisor productivity in a second quarter and showed modest gains in revenues and profit, as the advisory division ramps up for a new brand and advertising platform this fall.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/ameriprise-advisors-post-record-productivity-amid-steady-growth" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/ameriprise-advisors-post-record-productivity-amid-steady-growth#comments IBDs Thu, 23 Jul 2015 19:03:00 +0000 951071 at http://wealthmanagement.com Raymond James Continues Recruiting Streak Amid Record Revenues http://wealthmanagement.com/ibds/raymond-james-continues-recruiting-streak-amid-record-revenues <div class="node-body article-body">Raymond James reported a strong third fiscal quarter, with record revenues and profit gains that beat analysts’ predictions for the quarter.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/raymond-james-continues-recruiting-streak-amid-record-revenues" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/raymond-james-continues-recruiting-streak-amid-record-revenues#comments IBDs Thu, 23 Jul 2015 15:57:00 +0000 950641 at http://wealthmanagement.com Schwab Profit Up 9 Percent on Fees and Interest Revenue http://wealthmanagement.com/industry/schwab-profit-9-percent-fees-and-interest-revenue <div class="field-byline"> Jed Horowitz </div> <div class="node-body article-body">Charles Schwab Corp. on Thursday reported net income of $353 million for its second quarter, up 17 percent from a year earlier on growth of asset-based fees that offset a decline in client trading.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/industry/schwab-profit-9-percent-fees-and-interest-revenue" target="_blank">read more</a></p> http://wealthmanagement.com/industry/schwab-profit-9-percent-fees-and-interest-revenue#comments IBDs Industry Thu, 16 Jul 2015 13:06:00 +0000 945291 at http://wealthmanagement.com LPL Picks Up $220M Team from Raymond James http://wealthmanagement.com/ibds/lpl-picks-220m-team-raymond-james <div class="node-body article-body">Weissenburger Investments & Financial Planning announced today that the firm will merge with LPL Financial LLC, the largest broker/dealer in the nation.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/lpl-picks-220m-team-raymond-james" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/lpl-picks-220m-team-raymond-james#comments IBDs People Tue, 14 Jul 2015 14:34:00 +0000 943471 at http://wealthmanagement.com Google Massachusetts Sues Securities America for Misleading Elderly http://wealthmanagement.com/legal/massachusetts-sues-securities-america-misleading-elderly <div class="node-body article-body">The Massachusetts Securities Division is suing Securities America, claiming the firm failed to adequately supervise an advisor who used misleading advertising while prospecting elderly clients.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/legal/massachusetts-sues-securities-america-misleading-elderly" target="_blank">read more</a></p> http://wealthmanagement.com/legal/massachusetts-sues-securities-america-misleading-elderly#comments IBDs Legal Regulation & Compliance Wed, 08 Jul 2015 20:16:00 +0000 939781 at http://wealthmanagement.com Head of Lincoln's IBD Steps Down to Lead ProEquities http://wealthmanagement.com/ibds/head-lincolns-ibd-steps-down-lead-proequities <div class="node-body article-body">Christopher Flint has stepped down as president of Lincoln’s independent broker/dealer arm to serve as ProEquities’ new president and CEO. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/head-lincolns-ibd-steps-down-lead-proequities" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/head-lincolns-ibd-steps-down-lead-proequities#comments IBDs People Wed, 08 Jul 2015 13:52:00 +0000 939371 at http://wealthmanagement.com <p>Chris Flint</p> LPL, Wells Fargo, Raymond James to Pay $30M for Mutual Fund Overcharges http://wealthmanagement.com/ibds/lpl-wells-fargo-raymond-james-pay-30m-mutual-fund-overcharges <div class="node-body article-body"><p>The Financial Industry Regulatory Authority ordered LPL Financial, Wells Fargo Advisors and Raymond James to pay a combined $30 million in restitution to clients who were wrongly sold more expensive classes of mutual funds over the past five years.</p></div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/lpl-wells-fargo-raymond-james-pay-30m-mutual-fund-overcharges" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/lpl-wells-fargo-raymond-james-pay-30m-mutual-fund-overcharges#comments IBDs Legal Mon, 06 Jul 2015 15:23:00 +0000 937851 at http://wealthmanagement.com