Advisor Fights Cancer, Punches Through Million-Dollar Level in Same Year
Todd Bury’s brush with mortality actually spurred his efforts to accelerate his business growth while putting his life in perspective.
Schwab, TD Ameritrade Post Strong Asset Growth, Beat Indexes
Schwab reports total assets of $2.57 trillion — $1.27 trillion of which is advised assets; TD has total assets of $710 billion.
Raymond James Adds $400M Merrill Team in Cincinnati
The duo has about $2 million in production and joins the employee advisor channel.
Stifel Agrees to Buy Barclays’ U.S. Wealth Management Unit
The deal should add some 180 advisors to the company, which recently bought Sterne Agee.
In Managed Accounts, Packaged Portfolios Beat Advisor-Driven Ones: Cerulli
Packaged portfolios put together by broker-dealer home offices have beaten advisor-driven or open portfolios over the past five years, according to new Cerulli research.
Securities America Hosts National Conference, Women’s Summit
The indie broker-dealer also says its reps can begin using a mobile-check deposit app.
Focus Financial Obtains $1B for Growth
The credit facility is available to all Focus firms and will fund programs to support efforts to go independent and plan for succession.
LPL Adds Teams From Morgan Stanley, Lincoln; Merrill Grabs Ex-UBS Duo
The indie broker-dealer should bring in about $600 million in new assets and the wirehouse about $300 million.
4 Signs the Wirehouse Team Ain’t Movin’
There are some easy ways to probe the real intentions of advisors who say they want to go independent.
Wells Fargo, Hearsay Social Roll Out New Tech Tools
The wirehouse boosts reps' tablet power, while the social media tech firm introduces a "universal" supervision solution.