Lipper: Best Mutual Fund Groups for 2015
The research firm recognizes funds and families who deliver stronger risk-adjusted returns than their peers.
Merrill Adds Janney Advisor, Ameriprise Picks Up 3 Reps
The advisors come on board the two firms in Pennsylvania, Texas, Florida and New York.
FINRA Bars Rep, BD for Misleading Private Placement Investors
Tony Thompson, who sold tenant-in-common deals from 2008-'12, was found to have misled investors on the financial condition of some investments.
RCAP Sees Big Jump in Investor Interest
The group, which distributes American Realty Capital products, says sales of nontraded direct investments grew about 45% in March to $433.5 million.
UBS Rolls Out 5-Year Succession Program
The plan gives retiring reps the chance to earn 230% of yearly fees and commissions and, partnering reps can get a 5% bonus.
Ex-NFL Star Sues BofA for $20M
Dwight Freeney, a former Colts and Chargers player, accuses the bank of getting him caught up in a con game.
LPL’s Final Four: Which Factor Will Move Markets Most?
LPL CIO Burt White looks at which factor will be the champion driver of stock returns.
Wells Adds 5 Reps as Raymond James Grabs One of Its FAs
In other news, U.S. Trust shares the names of its latest recruits, and two divorce-focused groups merge.
Cetera Names Head of Advisor Growth Efforts
Brett Harrison will take on the new job and remain leader of one of Cetera's 11 broker-dealers.
LPL Adds $2B RIA to Custody Platform
Center for Wealth Planning has used the firm’s corporate RIA and broker-dealer for 10 years.