LPL, Cetera Reshuffle Leadership
Independent broker-dealer LPL Financial says Chief Marketing Officer Joan Khoury is leaving the firm and that two executives will step into new roles within its Advisor & Institution Solutions Group. Mimi Bock will become managing director for Client Experience and Training, taking over responsibilities previously handled by Khoury, while Ryan...
Cetera Advisors Names New President
Erinn Ford's appointment comes one week after Valerie Brown left Cetera Financial and Larry Roth was named head of its IBD operations.
Roth Replaces RCAP’s Brown as Schorsch Defends Move
Schorsch tells ThinkAdvisor that he adamantly denies allegations that RCAP is turning into an "ole boys' club" as the respected Valerie Brown leaves Cetera.
Nicholas Schorsch, the Mission of a Man: The 2014 IA 25 Profile
Believe it or not, it’s been less than a year since real estate investor Nicholas Schorsch started making headlines for his IBD buys.
First Allied Taps Kevin Keefe, Former Larry Roth Aide, as President
The RCAP Holdings unit names Kevin Keefe, previously with AIG-owned Advisor Group, as its broker-dealer chief.
The IA 25 for 2014
This is our 12th annual IA 25 list, bringing together the most influential people in and around the advisor industry.
Hedge Funds Shake Financial System More Than Banks During Crises: Study
Hedge funds may intensify systemic risk in a crisis more than previously thought, according to an investment letter from the San Francisco Fed.
OptionsXpress Sued by Life Settlements Group for Naked Short Selling
Life Partners says the options firm, now owned by Schwab, sold $5.5 million in counterfeit shares of its stock.
IBD Woodbury Names Fergesen President, CEO
The new chief has been with the 1,200-advisor group since 1998 and will remain in Oakdale, Minn.
Baird Grabs Wells Fargo Team as FSC Adds Morgan Stanley Reps
The wirehouse groups join an employee-owned firm and an IBD with about $215 million and $300 million in client assets, respectively.