The Small, Generalist Broker-Dealer: R.I.P.? Who Will Survive
Led by the strictures of Dodd-Frank, higher costs and tougher regulation are already putting smaller, undifferentiated BDs into trouble.
LPL, Wells’ FiNet Tap New Execs
LPL FINANCIAL SAID IN EARLY JUNE THAT Dan Arnold, currently head of strategy for the largest independent broker-dealer, had been named chief financial officer of the company, the latest step in a management reorganization that has played out over the last few months.
LPL Names Strategy Chief Dan Arnold to Succeed Moore as CFO
Dan Arnold, former head of Uvest, will take over from Robert Moore, now president and COO of the largest independent BD.