IBDs http://wealthmanagement.com/taxonomy/term/39421/more en The Top 30 Independent Broker/Dealers in 2015 http://wealthmanagement.com/ibds/top-30-independent-brokerdealers-2015 <div class="node-body data_table-body">In the past, REP. has ranked independent broker/dealers by advisor headcount. This year, we have decided to rank firms by average assets per advisor. </div> <div class="field-csv-file"> <span>CSV File:&nbsp;</span> <div class="filefield-file"><img class="filefield-icon field-icon-text-csv" alt="text/csv icon" src="http://wealthmanagement.com/sites/all/modules/contrib/filefield/icons/text-x-generic.png" /><a href="http://wealthmanagement.com/site-files/wealthmanagement.com/files/data-tables/Top30IBDs2015.csv" type="text/csv; length=1092">Top30IBDs2015.csv</a></div> </div> <div class="field-disable-sidebar"> Off </div> <fieldset class="fieldgroup group-images"><legend>Images</legend> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://wealthmanagement.com/site-files/wealthmanagement.com/files/uploads/2015/08/business-people-working-rawpixel-ltd-istock-thinkstockphotos-488851961.jpg?1440787708" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/top-30-independent-brokerdealers-2015" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/top-30-independent-brokerdealers-2015#comments IBDs Rankings Mon, 31 Aug 2015 10:00:00 +0000 975181 at http://wealthmanagement.com The Top 10 IBDs of 2015 http://wealthmanagement.com/ibds/top-10-ibds-2015 <div class="node-body gallery-body">Here are the top 10 independent broker/dealers in the business today, ranked by assets per advisor.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/top-10-ibds-2015" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/top-10-ibds-2015#comments IBDs Rankings Mon, 31 Aug 2015 10:00:00 +0000 978121 at http://wealthmanagement.com Keeping It In The Family http://wealthmanagement.com/blog/keeping-it-family <div class="node-body blog-body">Many broker/dealers still provide their advisors with an annual conference, complete with award dinners, appreciation events, and spousal activities. But Raymond James’ Tash Elwyn writes on LinkedIn that the more family-friendly oriented firm events may be onto something.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/keeping-it-family" target="_blank">read more</a></p> http://wealthmanagement.com/blog/keeping-it-family#comments IBDs Industry Blogs Insurance Retirement Planning The Daily Brief Mon, 24 Aug 2015 09:00:00 +0000 972981 at http://wealthmanagement.com FSI: DOL Fiduciary Rule To Cost IBDs $3.9 Billion http://wealthmanagement.com/ibds/fsi-dol-fiduciary-rule-cost-ibds-39-billion <div class="node-body article-body"><p>The Department of Labor&rsquo;s proposed fiduciary rule will cost independent broker/dealers nearly $3.9 billion in start-up costs, according to a new study commissioned by the Financial Services Institute.</p></div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/fsi-dol-fiduciary-rule-cost-ibds-39-billion" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/fsi-dol-fiduciary-rule-cost-ibds-39-billion#comments IBDs Regulation & Compliance Tue, 18 Aug 2015 14:02:00 +0000 969691 at http://wealthmanagement.com FINRA Fines Real Housewifes' Family Firm For Getting Naked http://wealthmanagement.com/legal/finra-fines-real-housewifes-family-firm-getting-naked <div class="node-body article-body">Wall Street watchdog the Financial Industry Regulatory Authority levied an $800,000 fine against California-based StockCross Financial Services, owned by the husband of the former Real Housewives of Beverly Hills star Carlton Gebbia, for engaging in naked short selling.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/legal/finra-fines-real-housewifes-family-firm-getting-naked" target="_blank">read more</a></p> http://wealthmanagement.com/legal/finra-fines-real-housewifes-family-firm-getting-naked#comments IBDs Legal Wed, 12 Aug 2015 14:36:00 +0000 965611 at http://wealthmanagement.com <p>From left, Carlton and David Gebbia during a scene from <em>The Real Housewives of Beverly Hills.</em></p> RCS Capital Plummets Another 31 Percent After Reorganization http://wealthmanagement.com/ibds/rcs-capital-plummets-another-31-percent-after-reorganization <div class="field-byline"> Jed Horowitz </div> <div class="node-body article-body">Shares of brokerage firm RCS Capital Corp fell 30 percent to an all-time low Monday, exacerbating a 35 percent decline over the previous two trading days after it announced a shakeup of its business and management.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/rcs-capital-plummets-another-31-percent-after-reorganization" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/rcs-capital-plummets-another-31-percent-after-reorganization#comments IBDs Industry Tue, 11 Aug 2015 13:15:00 +0000 963991 at http://wealthmanagement.com Connecticut's New Death Tax http://wealthmanagement.com/blog/connecticuts-new-death-tax <div class="node-body blog-body">If your clients ever get the chance to choose where they want to die, suggest it's not Connecticut.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/connecticuts-new-death-tax" target="_blank">read more</a></p> http://wealthmanagement.com/blog/connecticuts-new-death-tax#comments IBDs People Taxes Blogs Estate Planning Careers The Daily Brief Fri, 07 Aug 2015 09:00:00 +0000 961571 at http://wealthmanagement.com RCS Capital Struggles to Find Footing in Second Quarter http://wealthmanagement.com/ibds/rcs-capital-struggles-find-footing-second-quarter <div class="node-body article-body"><p>RCS Capital had a muted second quarter, reporting a $66 million loss in profits and a net loss of over 300 financial advisors.</p></div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/rcs-capital-struggles-find-footing-second-quarter" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/rcs-capital-struggles-find-footing-second-quarter#comments IBDs Thu, 06 Aug 2015 20:42:00 +0000 961821 at http://wealthmanagement.com RCS Capital Sells Wholesale Unit to Apollo for $25M http://wealthmanagement.com/ibds/rcs-capital-sells-wholesale-unit-apollo-25m <div class="node-body article-body">Amid leadership changes, including the departure of CEO Michael Weil, RCS Capital announced Thursday it would sell its wholesale distribution unit to Apollo Global Management for $25 million.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/rcs-capital-sells-wholesale-unit-apollo-25m" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/rcs-capital-sells-wholesale-unit-apollo-25m#comments IBDs Thu, 06 Aug 2015 18:21:00 +0000 961681 at http://wealthmanagement.com <p>RCS Capital CEO Michael Weil and CFO Brian D. Jones announced they would be stepping down. They will remain with the company until replacements are found.&nbsp;</p> LPL Targeting B/Ds Struggling with Regulatory Costs http://wealthmanagement.com/ibds/lpl-targeting-bds-struggling-regulatory-costs <div class="node-body article-body">LPL is looking to use its size and scale to take advantage of the current challenging regulatory environment to make acquisitions and bring in additional advisors. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/ibds/lpl-targeting-bds-struggling-regulatory-costs" target="_blank">read more</a></p> http://wealthmanagement.com/ibds/lpl-targeting-bds-struggling-regulatory-costs#comments IBDs Industry Wed, 05 Aug 2015 15:16:00 +0000 960181 at http://wealthmanagement.com <p>LPL Financial CEO Mark Casady</p> CEO Mark Casady