Raymond James Nabs More Merrill, Wells Fargo Teams
The groups join in Virginia and Pennsylvania with client assets of about $350 million and $138 million, respectively.
Female Advisors More Likely to Be Fired for Misconduct Than Male Advisors: NBER Study
Study found “the financial industry is willing to give male advisors a second chance, while female advisors are likely to be cast from the industry.”
Janney, Raymond James Grab Merrill Reps: Recruiting Roundup
The broker-dealers are set to add more than $285 million in assets in New York and Kentucky.
Jim Putnam Now LPL’s Board Chairman
The executive takes on the role as the the independent broker-dealer's former leader, Mark Casady, retires.
Quick Action on DOL Fiduciary Rule Unlikely With Acosta Confirmation
Deciding to modify or kill the fiduciary rule “will be much slower than people think,” ERISA lawyer Fred Reish says.
Lebenthal Selling Asset Manager, Brokerage Stake to South Street
Alexandra Lebenthal to retain majority stake in broker-dealer; former Barclays CEO Diamond is among South Street investors.
Hearing for Trump's SEC Nominee Set
Securities and Exchange Commission Overpayment Credit Act also among five bills to be marked up Thursday by Senate Banking Committee.
Who’s Moving to LPL?
The number of reps joining the firm was way up in the fourth quarter, but new assets are not showing a similar spike.
Fidelity Names David Canter to Head RIA Channel
Fidelity’s practice management executive will replace departed Bob Oros; Matt Chisholm to assume Canter's duties in consulting and practice management.
3 Things Firms Must Do to Dominate Digital: State Street
To be digital leaders, financial firms need to focus on integration, integrity and intelligence of their data.