BD Execs: Clients Too Conservative, Putting Themselves at Risk
Panel led by Cetera CEO Larry Roth says investors are running scared, annuities are misunderstood and the industry is ready for a "Napster moment."
Royal Alliance Adds $600M Group With 33 Reps
Also, Securities America welcomes back a $100 million team from LPL Financial.
AIG Advisor Group Brings Women to the Forefront
New initiative will focus on recruiting female advisors, women who choose to be financial advisors as a first or second career, and administrative staffers.
First Allied to Partner With ‘Super-OSJ’
The Cetera broker-dealer will soon offer turnkey transition, marketing, recruiting and other services to advisors through Tambaro Financial Services.
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.
New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICI
Meanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
IRI Elects LPL’s Moore Board Chairman
New IRI Board members include Larry Roth of Cetera, Erica McGinnis of AIG Advisor Group and George Riedel of USIS.
Schorsch's RCS Rebrands IBD Unit, Stays With Pershing
The unit, renamed Cetera Financial, will include expanded marketing platform and consulting services, Cetera CEO Larry Roth said.
Schorsch’s RCAP Buys Another IBD, Reports Q2 Results
VSR Group will join RCAP’s Cetera Financial group, boosting its advisor count to more than 9,200.
AIG Advisor Group CEO: ‘Comfortable With Parent Company’
The organization, a possible Schorsch target, is hosting its annual Women’s Conference this week with a focus on growth.