Lori Hardwick Leaving COO Position at Pershing
The No. 2 to CEO Lisa Dolly will depart this week after less than a year at the RIA custody and broker-dealer clearing firm.
RIA Buyers Getting More Selective: Fidelity M&A Report
But a “gulf” remains between sellers and buyers on firms’ valuations, says David Canter of Fidelity Custody & Clearing.
The Dangers of Standing Still
Sometimes I think that what we do in these pages, and what you do in your jobs, is all about adapting to change.
FSI Brain Trust Touts Growth; Confident on DOL Rule Delay
Leaders of the IBD group say its recent membership growth and advocacy success give it "more firepower."
FINRA to Get Back to Basic ‘Blocking and Tackling,’ New CEO Says
FINRA hasn't been been “listening well to its stakeholders,” CEO Robert Cook says. “I hope to change that.”
5 Trends Driving Record M&A Activity for RIAs: Dan Seivert
A few major trends, some of them surprising, are driving record growth in deal activity, Echelon Partners CEO Dan Seivert says.
John Hancock Uses NextCapital to Bring Robo-Advice to Its Retirement Savers
The partnership will bring “nonconflicted, personalized advice” to John Hancock’s 2.7 million retirement clients, says NextCapital’s Rob Foregger.
Bill Gross Likens Trump’s Policy-by-Twitter to Mussolini
Calling the latest jobs report “decent,” Gross says Trump’s “cajoling companies” on factories reminded him of Mussolini exerting “government control of corporate interests.”
Eric Schwartz Steps Down as Cambridge CEO
Schwartz emphasizes, “I am not retiring” from the independent broker-dealer that pioneered the BD fee-based business.
Dow Flirtation With 20,000: A Ceiling or the Santa Claus Rally?
Brad McMillan of Commonwealth and Jeff Saut of Raymond James are optimistic over a sustained bull market in 2017, this one driven by actual earnings.