News

The total number of FINRA-registered reps dropped by nearly 5,000 in 2019, a much more drastic decline than in 2018, according to a new FINRA report.

LPL's earnings fell by 30% year over year while the firm posted $11.1 billion in recruited assets during the second quarter.

Greg Van Slyke, co-founder and partner at Lake Street Partners, which joined Focus Financial Partners in 2017, will retire at the end of this year.

The pandemic hit the brokerage’s fiscal third quarter revenues and put a damper on home-office visits by prospective advisors.

Chicago-based Hightower announced its second acquisition this week, this time on its home turf.

Many advisors are betting rising taxes for the wealthy over the next couple years, and are bracing clients for such a possibility, looking at Roth conversions, earned income, capital gains, and charitable contributions.

Stifel Financial Corp. was buoyed by its investment banking business during the second quarter, even as advisor recruitment fell.

Schwab’s latest RIA benchmarking survey shows how technology can improve an RIA’s performance. But the coronavirus has been the catalyst that pushed many to pull the trigger.