FSI Taps Cetera, First Allied Exec as Vice Chairman
Adam Antoniades takes on a new role at FSI, while Richard Lampen of Ladenburg Thalmann gets a new title as well.
Wealth Firms Adding Indie, Wirehouse Reps
A number of successful advisors are switching channels and broker-dealers at a quick pace in midsummer.
Ladenburg Thalmann Buys Insurance Brokerage Highland for $42M
The acquisition of Highland gives Ladenburg's independent advisors greater access to insurance solutions for clients.
Sontag Joins Board of Focus Financial; Bruton In as Lucia Capital CEO
These growing firms aim to add more advisors — and business — from the wirehouses, as well as from independent firms.
Fines Eat Into LPL's Q2 Earnings
LPL Financial's net income fell 4.4% from a year ago, mostly related to unforeseen regulatory costs.
Mass. Checks Out How BDs Treat Older Investors
Massachusetts securities regulator William Galvin is sweeping 162 Massachusetts BDs to gauge the number of complaints from older investors and how BDs resolve them.
Raymond James Reports Record Profits, Revenues: Q2 Earnings
Fee-based accounts now make up more than 70% of Private Client Group revenue.
RCS, Schorsch Jump Into Crowdfunding
The real estate group plans to build the platform, We R Crowdfunding, with assets it's acquiring from Trupoly. Is this a savvy move for RCAP?
Raymond James Recruits 3 Wirehouse Teams, $875M in Client Assets
Meanwhile, Morgan Stanley and Merrill Lynch grab advisors from each other in the latest recruiting push.
Raymond James Taps Retirement Exec From Janney Montgomery
Frank McAleer, a nearly 30-year industry veteran, comes on board to focus on platform, other tools.