Mercer Adds New York RIA; 2 Groups Rejoin SII Investments: Recruiting Roundup
The RIA in the Big Apple has $100 million in assets, while the California and New Jersey advisor groups have a total of $220 million.
LPL’s New CEO Comp Could Reach $5.4 Million
Dan Arnold will see his total compensation grow about three times from his president's wages.
Raymond James Adds Teams from Wells Fargo, LPL
The firm brings on employee and independent reps with nearly $350 million in assets in Connecticut and Florida.
Wirehouses Reps Move to Baird, RBC: Recruiting Roundup
Meanwhile, two LPL-affiliated wealth firms with $2 billion in combined assets plan to merge.
FINRA’s 12 Fines of Christmas: Wells Fargo, LPL Flub Security of Records
The companies were fined a total of $14.4 million, as some firms failed to keep millions of records in the proper electronic format.
Raymond James Adds 2 Teams; Wells Fargo Nabs Breakaways: Recruiting Roundup
Meanwhile, LPL Financial attracts affiliated advisors from rival IBDs, as RBC hires a longtime Merrill advisor with long career at Merrill Lynch.
Casady Leaving LPL at ‘Challenging Time,’ Recruiters Say
The independent broker-dealer says President Dan Arnold will take over from Mark Casady next month.
Star LPL Rep Charged With Annuities Fraud; Targeted Elderly
A client in her 80s with dementia and limited funds was sold an annuity with a seven-year surrender policy, Massachusetts regulators say.
LPL Opens New Campus in South Carolina
Gov. Nikki Haley attended the event in Fort Mill, where the IBD inaugurated its second "green building."
LPL Nabs $4B Group With 135 Reps From Lincoln
Integrated Financial Partners of Waltham, Massachusetts, is joining its IBD and hybrid RIA platforms.