While there is fierce debate on the ultimate effectiveness of monetary stimulus surging from the central banks, one cannot dispute the boost that it has given to asset prices. While we may be seeing some “green shoots” of overall...

Just one day after announcing the acquisition of Cetera, RCS Capital Corp.’s (RCAP) Nicholas Schorsch said he would buy independent broker/dealer J.P. Turner for $27 million. The addition J.P. Turner increases Schorsch’s advisor...

RCS Capital’s purchase of Cetera Financial on Thursday makes the relatively new Schorsch company the industry’s second-largest independent broker/dealer network by headcount. The Cetera merger brought RCS Capital's advisors headcount on its reta...

SIFMA’s new CEO and President Ken Bentsen called out the Financial Stability Oversight Council, saying the group charged with facilitating coordination and communication between government financial agencies is not going far enough...

The financial services landscape is in constant transition. Global economic developments, regulatory updates, market volatility and newly emerging asset classes and product offerings are just a few of the drivers of change that wealth and asset...

Nicholas Schorsch’s RCS Capital Corp. purchased Cetera Financial Group from private equity firm Lightyear Capital on Thursday in a $1.15 billion cash deal. Cetera's purchase marks the fourth broker/dealer acquisition Schorsch has...

Every broker/dealer describes itself as “advisor centric.” It has, in fact, become a cliché. If you ask a brokerage executive to explain what makes his firm different, he will say that he views his affiliated FA as a &ldquo...

Making up over a fifth of the bank's revenue, wealth management unit posted record growth