Industry

Avantax recently added new CPA referrals for advisors at the IBD as well as those affiliating under a new, full-time employee model.

Speaking at the Consumer Federation of America's Financial Services Conference, the commissioner also said more Reg BI data is needed to gauge its effectiveness, but a strong fiduciary standard was critical.

The acquisition, which comes in the wake of the SECURE Act, will bring more retirement services to Raymond James’ 8,200 advisors.

The center will be offering nearly $500,000 across 100 scholarships, 48 of which are new. That is a record number since the program was started in 2016.

An administrative order from the SEC alleged clients at a Nebraska-based broker had their assets placed in higher-cost mutual fund share classes when lower-cost options were available.

The acquisition of SVA Financial Group gives Wealth Enhancement Group trust services.

In a virtual 'State of the Industry' briefing, CEO Ken Bentsen said he also hoped the SEC would look at how e-delivery of documents has increased during the COVID-19 pandemic.

Symmetry spent 26 years at Securian Financial Services before moving to Securities America.

Waddell & Reed doesn’t bring scale to LPL but rather a financial planning-focused group of advisors best poised to take advantage of what the larger firm can offer, says LPL Head of Recruiting Rich Steinmeier.

Magnolia Wealth Advisors will be Snowden Lane’s 12th office, and the new addition will put the company over $6 billion in assets under management.