LPL’s acquisition last week of three Pacific Life Insurance Company broker/dealers was just one more step in its quest to for a successful sale of the company or initial public offering.
The SEC has charged 14 individuals—including employees of UBS and Morgan Stanley—with participating in two insider-trading schemes that generated at least $15 million in illegal profits.
Ask five reps what they consider the most important feature at an independent broker/dealer and chances are they will give you five different answers. To put it simply, individual reps have individual needs. They have...
On Sunday evening, Aug. 28, 2005, the night before Hurricane Katrina was to hit Gulfport, Miss., financial advisor Bob Sawyer reckoned it might be a good idea to make one more visit to his Stifel Nicolaus office to...
The folks at Focus Financial are on a roll. The RIA holding company, which began operating just over a year ago, snatched up three more RIA firms in late January, bringing total acquisitions to nine and assets under...
Registered Rep.: The ideal client is (in three words) Mark Hall: Willing to listen. RR: The ideal advisor is MH: An excellent listener. RR: You've partnered with three local community banks to help grow your client...
Here’s a dose of irony for the Securities and Exchange Commission. The SEC thinks it needs to do more to “protect” wealthy retail investors from the secretive world of hedge funds. To do so, it is...
Advisors who hold certain obscure professional designations may want to think twice about touting their alleged specialties on their business cards, mailings or other advertisements—at least in the state of...
If you work in a wirehouse or regional brokerage, you may have attended a lot more going-away parties in 2006. Across the industry, there was a migration of financial advisors to the independent RIA channel
