RCS Capital (RCAP) said Monday that its wholesale broker/dealer businesses, including Realty Capital Securities, SC Distributors and The Hatteras Funds, raised $270 million in December, up from $260 million raised in November. The unit raised $9.7...
Nicholas Schorsch, who has built up one of the largest independent broker/dealer networks over the past year and a half, has stepped down from his role as executive chairman of RCS Capital (RCAP). Mark Auerbach, RCAP’s lead independent...
The XY Planning Network, a virtual community for young financial advisors, announced a host of new compliance services and resources that it hopes will help the next generation of advisors open their own firms...
Despite constant and vocal grumbling, national brokerage and wirehouse advisors have steadily increased their satisfaction ratings of firms’ compliance programs.
“I am terribly disappointed in the overwhelming compliance mandates that are being ...
After his first fiscal year as the Securities and Exchange Commission’s Investor Advocate, Rick Fleming said he is still not ready to make policy recommendations on the issues in his agenda, with one major exception...
Wells Fargo Advisors' compensation plan for advisors remains relatively stable going in to 2015, but it has increased the minimum ticket size for its advisors to get paid on equity transactions to $125 from $95 last year and made it easier or...
United Capital Financial Advisors has by no means given up on what has been a key driver of its growth over the last 10 years—acquisitions...
The event touched down at the Four Seasons in Las Vegas, Nev. this year, drawing in hundreds of RIAs and industry professionals.
