Alex. Brown Nabs $500M Morgan Stanley Team
The group is becoming part of Raymond James' boutique wealth management group in New York.
LPL Shares Q2 Recruiting Update, Sees Less DOL-Related Uncertainty
CEO Dan Arnold discusses why the independent broker-dealer is upbeat on its recruiting pipeline for the rest of the year.
Pros & Cons of LPL’s Move to Add Virtual Assistants: FPPad’s Winterberg
Is the IBD helping its affiliated advisors or taking technology too far with its latest fintech move? Bill Winterberg discussed with ThinkAdvisor.
Banks Gobbling Up RIAs as Consolidator Field Shrinks: DeVoe
The number of deals is up in the first half of 2017, but the average asset level of the M&As makes a steep decline.
Fidelity Trims Index Fund Fees, Challenging Vanguard
The firm cuts total expenses by nearly 10 basis points in move to capture more passive-investor assets.
A Family Affair
News doesn't slow down much in the summer, especially with a new president and the start of a hotly debated regulatory regime for advisors.
BDs Address Fiduciary Rule, Growth Challenges
There was not a slowdown in news at major broker-dealers this summer.
10 Best & Worst Broker-Dealers: Q2 Earnings, 2017
Most large financial firms with broker-dealer operations have reported their results for the quarter.
Raymond James' Wealth Group Boosts Profits 56%
The number of advisors jumps 451 from a year ago to nearly 7,300.
Fidelity Clearing to Partner With Goldman, US Bank; Expand Loans to Wealth Clients
RIAs, broker-dealers and family offices will be able to offer securities-based loans of up to $25 million through the program.