HD Vest Reps Add $94M in AUM Thanks to Tax Talks, Tools
An enhanced software program helps reps process more client information so they can grow their practices.
RCS Capital Says Some Brokers Lifting Product Suspensions
The news comes as the company considers spinning off Cetera Financial.
Realty Capital Says Cetera Spinoff ‘On the Table’
Company leaders say they're looking at all options as stock declines, other Schorsch-related issues continue. Larry Roth says recruiting is strong at Cetera.
Fidelity Signs Broker-Dealer Clearing Deal With JPMorgan’s BDS
JPMorgan chooses National Financial as preferred clearing firm for its third-party broker-dealers; BDS chief Joe Triarsi to join Fidelity unit.
Focus Adds $1.4B RIA in Chicago Area
Meanwhile, Securities America recruits three FAs, one from Wells Fargo and another from LPL Financial.
Schorsch Unit Draws State Regulator’s Scrutiny
Massachusetts’ William Galvin begins investigation of Realty Capital Securities’ nontraded REIT sales.
How Schwab Cracked the Wirehouse Crowd
The indie firm’s consultants will help advisors build their businesses “long before you bring a single dollar to us,” Schwab’s Tim Oden says.
Cambridge Joins Ranks of IBDs Abandoning Schorsch
The group stops sales of three Cole REITs following an accounting scandal at American Realty Capital.
Schorsch’s Own Cetera Halts Cole REIT Sales
ARCP accounting scandal "has tarnished the entire Schorsch brand," consultant Mark Elzweig says, and Cetera parent RCAP is trying to limit the damage.
LPL, Advisor Group Stop Sales of American Realty Capital REITs
LPL, the biggest independent broker-dealer, has suspended sales of products tied to the Schorsch real estate empire.