LPL Financial LLC added another registered investment advisor to its hybrid broker-dealer platform, this time landing Palmetto Investment Consultants, a Rock Hill, S.C. firm with $135 million of assets under management...
UBS, branch manager and broker on the hook for improper sales of Puerto Rican closed-end funds.
LPL Financial agreed to pay almost $3.3 million to settle allegations from multiple state securities regulators claiming the independent broker-dealer improperly sold non-traded REITS and leveraged ETF products to investors...
Morgan Stanley is rolling out an internal arbitration forum for all its U.S. employees, including financial advisors, who do not opt out...
Voya Financial Advisors rolled out its hybrid platform today, allowing affiliated advisors the opportunity to operate under their own brand as an independent registered investment advisory firm...
The first half of 2015 saw a significant increase in merger and acquisition activity among registered investment advisory firms, a trend Schwab expects to bleed into the second half of the year despite the recent market upheaval.
“The success ...
Larry Roth resigned from RCS Capital’s board of directors late Monday to focus his efforts on Cetera Financial Group...
In the past, REP. has ranked independent broker/dealers by advisor headcount. While that metric can shed light on the size, scale and recruiting prowess of a firm, the business is no longer simply about the numbers. Instead, the editors—with...
