IBDs http://wealthmanagement.com/taxonomy/term/39421/more en Triad Debuts Multi-Custodial RIA Platform http://wealthmanagement.com/ibds/triad-debuts-multi-custodial-ria-platform <div class="node-body article-body">The Georgia-based broker/dealer is launching Triad Hybrid Solutions, a new corporate registered investment advisory entity that will give advisors with fee and commission-based businesses the option to custody with multiple firms, including Schwab and Fidelity.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/triad-debuts-multi-custodial-ria-platform" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/triad-debuts-multi-custodial-ria-platform#comments IBDs RIAs Tue, 19 Aug 2014 13:15:00 +0000 632711 at http://wealthmanagement.com <p>Michael Bryan, senior vice president of advisory services for Triad and CEO of Triad Hybrid Solutions.</p> Raymond James Hires UBS Broker Amid Recruiting Push http://wealthmanagement.com/people/raymond-james-hires-ubs-broker-amid-recruiting-push <div class="field-byline"> Reuters </div> <div class="field-deck"> Raymond James predicting its best recruiting year since financial crisis </div> <div class="node-body article-body">Raymond James Financial Services, the independent b/d arm of the brokerage, hired a $1.1 million-producing adviser away from UBS Wealth Management Americas, underpinning the thriving independent's prediction this will be its best recruiting year since 2008.</div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> RJF </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/people/raymond-james-hires-ubs-broker-amid-recruiting-push" target="_blank">read more</a></p> http://wealthmanagement.com/people/raymond-james-hires-ubs-broker-amid-recruiting-push#comments IBDs People Raymond James Thu, 14 Aug 2014 20:11:00 +0000 630371 at http://wealthmanagement.com Schorsch Scores Another IBD http://wealthmanagement.com/ibds/schorsch-scores-another-ibd <div class="field-deck"> Acquisitions of Girard, VSR Financial bring RCAP’s independent advice empire to over 9,700 advisors and about $200 billion in assets across 11 b/ds </div> <div class="node-body article-body">Just a week after its acquisition of VSR, RCAP signed a deal to buy San Diego-based Girard Securities, bringing the firm’s total b/d network to 9,700 advisors. </div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> RCAP </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/schorsch-scores-another-ibd" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/schorsch-scores-another-ibd#comments IBDs RCS Capital Corp Thu, 14 Aug 2014 16:30:00 +0000 630341 at http://wealthmanagement.com Brokerages Face Exodus as Advisors Get Better Deal in Indie Firms http://wealthmanagement.com/wirehouse/brokerages-face-exodus-advisors-get-better-deal-indie-firms <div class="field-byline"> Reuters </div> <div class="field-deck"> Almost 100,000 brokers – or about one-third of the industry – are expected to reach retirement age over the next ten years </div> <div class="node-body article-body">The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/brokerages-face-exodus-advisors-get-better-deal-indie-firms" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/brokerages-face-exodus-advisors-get-better-deal-indie-firms#comments IBDs Industry Wirehouse Wed, 13 Aug 2014 15:21:00 +0000 628981 at http://wealthmanagement.com LPL CEO Mark Casady's Daily Routine http://wealthmanagement.com/people/lpl-ceo-mark-casadys-daily-routine <div class="field-byline"> Mark Casady </div> <div class="field-deck"> The head of LPL Financial on where he gets his news, how he gets to work and why he actually schedules down time in his day in order to be more productive. </div> <div class="node-body article-body">The head of LPL Financial on where he gets his news, how he gets to work and why he actually schedules down time in his day in order to be more productive. </div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> LPLA </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/people/lpl-ceo-mark-casadys-daily-routine" target="_blank">read more</a></p> http://wealthmanagement.com/people/lpl-ceo-mark-casadys-daily-routine#comments IBDs LPL Financial People Practice Management Wed, 13 Aug 2014 03:43:00 +0000 628491 at http://wealthmanagement.com <p>LPL CEO Mark Casady decompresses on his walks home from work.</p> HighTower Hires Away Three Merrill Lynch Brokers http://wealthmanagement.com/people/hightower-hires-away-three-merrill-lynch-brokers <div class="field-byline"> Reuters </div> <div class="field-deck"> Trio opens new Fort Myers, Florida, office </div> <div class="node-body article-body">HighTower Advisors, the Chicago-based broker-dealer, said on Monday it hired three advisers away from Bank of America's Merrill Lynch office in Fort Myers, Florida.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/people/hightower-hires-away-three-merrill-lynch-brokers" target="_blank">read more</a></p> http://wealthmanagement.com/people/hightower-hires-away-three-merrill-lynch-brokers#comments HighTower Advisors IBDs People Tue, 12 Aug 2014 13:02:00 +0000 627561 at http://wealthmanagement.com Cetera Will Be The Face of Schorsch's B/D Network http://wealthmanagement.com/ibds/cetera-will-be-face-schorschs-bd-network <div class="node-body article-body">After months of uncertainty over how RCS Capital Corp. would structure its recently acquired independent broker/dealers, the firm said today its b/ds will operate under Cetera Financial Group, and many middle- and back-office functions will be centralized.</div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> RCAP </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/cetera-will-be-face-schorschs-bd-network" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/cetera-will-be-face-schorschs-bd-network#comments IBDs RCS Capital Corp Tue, 12 Aug 2014 12:31:00 +0000 627531 at http://wealthmanagement.com LPL's CEO Says Regulatory Scrutiny is "Toughest I've Seen." http://wealthmanagement.com/ibds/lpls-ceo-says-regulatory-scrutiny-toughest-ive-seen <div class="node-body article-body">LPL's CEO kicks off the broker/dealer's annual conference decrying the regulatory frenzy that is escalating, while its president assures brokers its fees won't be changing in 2015--and it's dropping some of the less popular ones. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/lpls-ceo-says-regulatory-scrutiny-toughest-ive-seen" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/lpls-ceo-says-regulatory-scrutiny-toughest-ive-seen#comments IBDs Mon, 11 Aug 2014 20:41:00 +0000 627481 at http://wealthmanagement.com <p>LPL CEO Mark Casady speaks at the firm&#39;s annual conference in San Diego on Monday.</p> Photo by Megan Leonhardt LPL to Upgrade Advisor Technology http://wealthmanagement.com/ibds/lpl-upgrade-advisor-technology <div class="field-deck"> LPL CIO Fetter: Fax machines, Rolodexes belong in a museum, not an office </div> <div class="node-body article-body">LPL Financial is making significant upgrades to its technology offerings for advisors over the coming year, including a new email solution and the new ClientWorks platform, the firm announced Monday.</div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> LPLA </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/lpl-upgrade-advisor-technology" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/lpl-upgrade-advisor-technology#comments IBDs Technology Mon, 11 Aug 2014 19:10:00 +0000 627451 at http://wealthmanagement.com <p>LPL revealed plans for its new ClientWorks platform and other tech upgrades at its annual conference in San Diego on Monday.</p> Photo by Megan Leonhardt Consolidation 2014: Ladenburg to Buy KMS Financial for $24 Million http://wealthmanagement.com/ibds/consolidation-2014-ladenburg-buy-kms-financial-24-million <div class="node-body article-body">Ladenburg Thalmann will buy Seattle-based KMS Financial Services for $24 million, bringing its independent business to 3,500 advisors and $110 billion in client assets. </div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> LTS </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/consolidation-2014-ladenburg-buy-kms-financial-24-million" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/consolidation-2014-ladenburg-buy-kms-financial-24-million#comments IBDs Ladenburg Thalmann Mon, 11 Aug 2014 16:58:00 +0000 627361 at http://wealthmanagement.com <p>Ladenburg President and CEO Richard Lampen</p>