The Certified Financial Planner Board of Standards is proposing changes to the rules governing the experience that planners need before qualifying for the CFP mark, and one change would make life a bit easier for applicants struggling with...
HighTower Advisors’ latest $1 billion recruit is noteworthy for not being drawn from the ranks of wirehouses. The Chicago-based hybrid registered investment advisor said today that Margaret M. Towle (right), formerly managing director and head of...
Bigger registered investment advisors are playing in the M&A game, according to Schwab Advisor Services. The custodian, serving nearly 7,000 RIAs, reports today there were 27 acquisitions in the first half of 2011, representing $20.8 billion...
Will the chasm between the retirement planning needs of middle-income Americans and the financial advisor industry ever be narrowed? A new report released today by the Insured Retirement Institute doesn’t hold out much hope. ...
Michael Watson (right) is taking his practice management program development skills from TD Ameritrade Institutional to LPL Financial, the nation’s largest independent broker/dealer, LPL said this morning...
HighTower Advisors, the national RIA based in Chicago, continues to poach from the wirehouses. It said today that it has recruited Paul A. Pagnato and David W. Karp in Washington, D.C., formerly of Merrill Lynch's Private Banking and Investment...
A team of former LPL Financial recruiters has launched a consultancy aimed at helping big-producing advisors and teams from the wirehouses to go independent.
Scott Collins (right) and Scott Miller (below) of FirstPoint Partners LLC in San Die...
Fidelity Investments says it has renamed its Institutional Services unit and appointed Scott E. Couto (right) as president, succeeding Peter Cieszko, who left the company at the end of January. ...
