National Planning Holdings Partners With BlackRock, American Funds to Boost Platform
The parent firm of four IBDs says it is rolling out more technology to its 3,500 affiliated reps.
Raymond James Adds 2 Teams; Wells Fargo Nabs Breakaways: Recruiting Roundup
Meanwhile, LPL Financial attracts affiliated advisors from rival IBDs, as RBC hires a longtime Merrill advisor with long career at Merrill Lynch.
Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day
A 10-year Treasury above 3% is going to hurt, the bond guru says.
Envestnet Tamarac Adds Tool for Full Asset, Liabilities Reporting
The technology lets advisors bring in data on credit cards, mortgages, loans, art collections and more.
Ex-LPL Rep Gets 5 Years in Jail for Ponzi Sceme
Charles Caleb Fackrell, who was based in North Carolina, fleeced investors of $1.4 million.
Aspiriant Acquires $850M RIA in Silicon Valley, Tops $10B in AUM
With acquisition of RIA Stanford Investment, wealth management firm will have $10 billion in client AUM, says CEO Rob Francais.
Reps Fired by Wells Fargo Asked to Call FINRA
FINRA is investigating whether the U5 forms of several hundred employees "contained inaccurate or incomplete comments related to the reason for the termination."
Ex-Rep Says He Stole $1.6M From Clients
The former advisor has pleaded guilty to stealing from a family that owned three trusts that he managed.
Blucora, HD Vest to Add Robo-Services
Some 5 million TaxAct clients will soon have access to the Financial Guard platform but can opt to work with FAs instead.
State Warns BDs: Watch ‘Bad Actors’ or We’ll Do It For You
A sweep of more than 240 broker-dealers in Massachusetts yields some revealing information on misconduct and supervision.