The New Jersey Bureau of Securities revoked the registration of the firm, First Standard Financial, described as "a haven for greedy, dishonest agents who traded client accounts like sharks in a feeding frenzy".
The combined firm, with 11,500 advisors and over $450 billion in assets, will be one of the largest independent brokerage firms and may accelerate Advisor Group's efforts to roll out an RIA-only platform.
A Wilmington Trust survey of business owners, the majority of whom are boomers, don't think the tax rates that impact them will increase should there be a 2020 change in presidential leadership.
Commonwealth Financial Network has recruited the Center for Wealth Management from MML Investors Services.
United Planners CEO Dave Shindel died during a hunting trip to Colorado in late October.
Alumni of Schwab's Executive Leadership Program talked about the need to encourage advisors to raise their 'emotional quotient' during a panel discussion at Schwab's IMPACT Conference.
The changes, which include increased payouts for advisors at retirement, could keep more reps in their seats.
