IBDs http://wealthmanagement.com/taxonomy/term/39421/more en RCAP Files for Prearranged Chapter 11 http://wealthmanagement.com/legal/rcap-files-prearranged-chapter-11 <div class="node-body article-body">RCS Capital reached final agreements with creditors and filed for Chapter 11 bankruptcy on Sunday night.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/legal/rcap-files-prearranged-chapter-11" target="_blank">read more</a></p> http://wealthmanagement.com/legal/rcap-files-prearranged-chapter-11#comments IBDs Legal Fri, 29 Jan 2016 22:30:00 +0000 1094351 at http://wealthmanagement.com The Pressure is Mounting for IBDs http://wealthmanagement.com/regulation-compliance/pressure-mounting-ibds <div class="field-deck"> What value will independent broker/dealers be able to offer their advisors in a post-Department of Labor fiduciary world? </div> <div class="node-body article-body">Independent broker/dealers have been facing increasing pressure with fee compression on the rise and advisors increasingly expecting more and better services.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/pressure-mounting-ibds" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/pressure-mounting-ibds#comments IBDs Regulation & Compliance Thu, 28 Jan 2016 19:31:00 +0000 1093071 at http://wealthmanagement.com Ameriprise Beats Analysts’ Expectations http://wealthmanagement.com/ibds/ameriprise-beats-analysts-expectations <div class="node-body article-body">Despite the market volatility, Ameriprise Financial’s fourth quarter earnings beat analysts’ estimates by $0.12. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/ameriprise-beats-analysts-expectations" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/ameriprise-beats-analysts-expectations#comments IBDs Thu, 28 Jan 2016 15:17:00 +0000 1092681 at http://wealthmanagement.com Kauffman Shifts Independent Practice to Wells Fargo from Raymond James http://wealthmanagement.com/ibds/kauffman-shifts-independent-practice-wells-fargo-raymond-james <div class="node-body article-body">Wells Fargo Advisors Financial Network (FiNet) said on Wednesday Mitchell Kauffman moved his Pasedana, California-based independent practice to FiNet.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/kauffman-shifts-independent-practice-wells-fargo-raymond-james" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/kauffman-shifts-independent-practice-wells-fargo-raymond-james#comments IBDs Wed, 27 Jan 2016 23:13:00 +0000 1092121 at http://wealthmanagement.com IBDs Bracing for Onslaught of Orphan Accounts http://wealthmanagement.com/ibds/ibds-bracing-onslaught-orphan-accounts <div class="node-body article-body">The Department of Labor’s fiduciary rule could create a wave of so-called “orphan accounts” at independent broker/dealers. Firms better be prepared. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/ibds-bracing-onslaught-orphan-accounts" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/ibds-bracing-onslaught-orphan-accounts#comments IBDs Regulation & Compliance Wed, 27 Jan 2016 19:07:00 +0000 1091551 at http://wealthmanagement.com Triad's New CEO Shooting for Perfection http://wealthmanagement.com/ibds/triads-new-ceo-shooting-perfection <div class="node-body article-body">Jeff Rosenthal became the president and CEO of Triad Advisors on Jan. 1, 2016, succeeding co-founder of the Atlanta-based broker/dealer, Mark Mettelman.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/triads-new-ceo-shooting-perfection" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/triads-new-ceo-shooting-perfection#comments IBDs Wed, 27 Jan 2016 14:50:00 +0000 1089761 at http://wealthmanagement.com <p>Jeff Rosenthal, the new CEO and president of Triad Advisors</p> IBDs Lagging in Cybersecurity Safeguards http://wealthmanagement.com/blog/ibds-lagging-cybersecurity-safeguards <div class="node-body blog-body">When it comes to cybersecurity, independent broker-dealers lag the wider industry on utilizing basic safeguards to protect customer information and prevent fraudulent activity.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/rulebook">Rulebook</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/ibds-lagging-cybersecurity-safeguards" target="_blank">read more</a></p> http://wealthmanagement.com/blog/ibds-lagging-cybersecurity-safeguards#comments IBDs Technology Blogs Rulebook Tue, 26 Jan 2016 17:12:00 +0000 1090391 at http://wealthmanagement.com With DOL Fight Ending, FSI Eyes State Legislators as New Battleground http://wealthmanagement.com/ibds/dol-fight-ending-fsi-eyes-state-legislators-new-battleground <div class="node-body article-body"><p>With the Department of Labor&rsquo;s proposed fiduciary rule due out in the first half of 2016, the Financial Services Institute is focusing on helping prepare advisors and firms to comply with the new standard and will turning its advocacy efforts to the states.&nbsp;</p></div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/dol-fight-ending-fsi-eyes-state-legislators-new-battleground" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/dol-fight-ending-fsi-eyes-state-legislators-new-battleground#comments IBDs Industry Tue, 26 Jan 2016 15:09:00 +0000 1090261 at http://wealthmanagement.com <p>David Bellaire, General Counsel for FSI, speaking at FSI&#39;s OneVoice conference in Orlando, Fla.</p> AIG Sells Advisor Group to Lightyear, Pension Manager http://wealthmanagement.com/ibds/aig-sells-advisor-group-lightyear-pension-manager <div class="node-body article-body">AIG’s President and CEO Peter Hancock said the firm is not the best owner of the advisor network, citing potential Department of Labor rules. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/aig-sells-advisor-group-lightyear-pension-manager" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/aig-sells-advisor-group-lightyear-pension-manager#comments IBDs Tue, 26 Jan 2016 13:53:00 +0000 1089991 at http://wealthmanagement.com Larry Roth Steps Down as CEO of RCAP http://wealthmanagement.com/people/larry-roth-steps-down-ceo-rcap <div class="node-body article-body">After just two months in the role, Larry Roth has stepped down as CEO of RCS Capital but will continue to serve as the head of Cetera. Bradley Scher will take over as CEO.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/people/larry-roth-steps-down-ceo-rcap" target="_blank">read more</a></p> http://wealthmanagement.com/people/larry-roth-steps-down-ceo-rcap#comments IBDs People Fri, 22 Jan 2016 13:18:00 +0000 1087271 at http://wealthmanagement.com <p>Larry&nbsp;Roth will continue to serve as head of Cetera, which has about 9,500 across 10 broker/dealers.</p>