Which BDs Will Survive? Pt. 2: Malcolm Gladwell's Rule of 150
As large broker-dealers want to appear small and small BDs to appear large, Gladwell's Rule of 150 suggests which BDs will attract the best producers.
Which Broker-Dealers Will Survive? Malcolm Gladwell Offers Some Answers
The broker-dealer Inverted U Curve and which BDs offer reps the sweet spot for overall satisfaction, and retention of the best advisors.
AIG Advisor Group for Sale: Who’s Likely to Buy It?
With Cetera also up for grabs, who could pounce on the latest IBD to hit the market?
Recruiting Roundup: UBS, Wells Fargo, Merrill Add Reps, Teams
Meanwhile, Raymond James announces its latest bank affiliate, and HighTower brings on a new wealth group.
How Super OSJs Bring Innovation to Broker-Dealers
While broker-dealer management is distracted by heavy-handed regulation, BD producer groups (aka super OSJs) are providing multiple new benefits to reps.
Stifel-Sterne Agee Deal Is a Go for $150M
The merged firm should have more than 2,830 advisors and $200 billion in client assets.
Cetera, LPL, Ladenburg Losing Appetite for M&A, Their Execs Say
After long acquisition sprees in recent years, execs from Ladenburg, LPL and Cetera express little interest in more BD deals at FSI OneVoice.
Securities America Wraps Up $2.5B Insurance Acquisition
The latest deal brings the IBD to more than 200 advisors and an OSJ that sells variable insurance products.
Focus Adds $1.4B RIA in Chicago Area
Meanwhile, Securities America recruits three FAs, one from Wells Fargo and another from LPL Financial.
SEC Panel Backs Broader Definition of Accredited Investor
Investor committee recommends ways SEC can modernize definition for buyers of Reg D offerings; Chairwoman White vows to make “real progress.”