Firm: Producing Reps Average Payout Recruiting Executive Clearing Firm Parent Co LPL FinancialSan Diego, Calif., (888) 250-2420www.joinlpl.com 11,089 $195,000 Bill Morrissey LPL Financial LPL Holdings Inc. H.D. Vest Financial ServicesIrving, Texas...
With so many independent b/ds in the industry, it’s not always easy to tell one from the next. In a continuing effort to help our readers become more familiar with their options, we’ve asked the heads of two independent b/ds to answer...
The hybrid channel—made up of advisors who have their Series 7 and are registered as investment advisors—is growing, and b/ds and clearing and custody firms are here to help.
Name Firm (b/d) City Est. AUM in $MM Yrs. In Biz Business Description/Specialty 1 Kevin Myeroff NCA Financial Planners (Royal Alliance) Cleveland $2.650 30 Investment management, retirement planning, estate and tax planning services. 2 Ron Carson...
Independent broker/dealers and their reps have come a long way over the last few years. Track their progress.
If Bank of America signs the broker protocol, it will be pretty much business as usual for Merrill advisors, say securities lawyers. But advisors may not know whether BofA will sign it before they have to sign their own retention agreements—...
Merrill Lynch financial advisors put off by non-compete language in the retention package they received last week—and must now decide whether to sign—are getting assurances from Merrill that it’s not as bad as they think.
Stowell & Friedman, a Chicago-based law firm, must not want Merrill Lynch to forget about an unresolved discrimination suit it filed against the firm three years ago.
Now that its parent has announced plans to sell off portions of itself, the AIG Advisor Group is looking for a new home.
Merrill Lynch financial advisors are worried about one paragraph in the retention contract they received last Friday, October 24—very worried.