What the Biggest BDs Are Saying About Trump's Fiduciary Order
Wirehouses and other large broker-dealers seem cautiously optimistic on what President Trump will do next with the fiduciary rule.
Focus Financial Says ‘Howdy, Partner’ to $800M RIA in Texas
CFO4Life worked with LPL Financial for six years and then "felt it had outgrown LPL’s model."
Want a Good Year for Stocks? Root for the Falcons in the Super Bowl
AFC Super Bowl wins — particularly when the Patriots play — seem to portend worse stock market years, according to LPL's Ryan Detrick.
What DOL Delay, Dodd-Frank Rollback Mean for Wall Street
Deregulation, combined with business growth and tax reform, could lead to larger profits, analysts say.
FINRA Expels BD, Bars CEO for Fraudulent Muni Bond Sales
Robert Lawson transferred millions of dollars from a deceased client's trust to hide bond borrowers' poor financial condition.
Cetera BD Has New Operations Chief
Tim Stone takes over as COO, after predecessor Tom Taylor becomes president of the 2,400-advisor IBD.
Stifel ‘Will Always Look at Good Deals’: CEO
In the fourth quarter, profits more than doubled at the financial firm, which has 2,282 financial advisors.
Wells Fargo to Stop Giving Notice of Retail Bank Compliance Visits
The policy was in place to ensure branches were adequately staffed for reviews, the bank said.
First Republic, Raymond James & RBC Grab Merrill Reps: Recruiting Roundup
Meanwhile, Merrill Lynch adds a $2 million-producing advisor from Morgan Stanley.
Ameriprise Beats Estimates as Assets, Inflows Rise
The broker-dealer has 9,675 advisors with average fees and commissions of $518,000 per year.