ING Advisors CEO to Retire
ING Advisors Networks, which provides broker-dealer services to 7,000-plus financial advisors nationwide, said that Chairman and CEO John Simmers has decided to retire.
NEWS & PRODUCTS, OCTOBER 2008
The SEC announced September 11 that it had brought an enforcement action against LPL Financial Corp., saying the largest independent broker/dealer had failed to safeguard...
ING Lowers Ticket Charges fof FAs (Sept. 15, 2008)
The independent broker-dealers of ING have announced they are lowering fees on trades for their financial representatives and advisors on an array of transactions with the aim of making the cost advis
Reorganization at ING Broker/Dealer Unit
ING Advisors Network announced a reorganization August 13 under which the presidents of its four constituent broker/dealers--Financial Network Investment Corporation, ING Financial Partners, Multi-Financial Securities, and PrimeVest Financial Services--will now report to John Simmers, CEO of ING Advisors Network.
What Will It Mean to Be an Independent Financial Advisor?
With baby boomers moving into self-funded retirement, the advisor will need to become expert at risk analysis, risk management and financial life planning. There will...
Coming Out Party
Only fours years after its inception, the Financial Services Institute has achieved a high level of success as the primary advocacy group for independent broker/dealers....
B/D News & Products
On January 8, James Cayne of Bear Stearns announced his plan to step down as CEO, effective immediately, though he will stay on as chairman...
Woodbury's Brian Murphy Takes FSI Chair
Woodbury Financial Services Chairman Brian Murphy will chair the Financial Services Institute's (FSI) board of governors for 2008, according to a January 2 FSI announcement.
FSI Elects '08 Leaders
The Atlanta-based Financial Services Institute, or FSI, says the industry group's board of directors has unanimously elected Brian Murphy, chairman of Woodbury Financial Services of Woodbury, Minn., a
"To be, or not to be?" a fiduciary (with all apologies to Bill Shakespeare) is the question of the hour for broker/dealers. While nobody is...