Schorsch's RCAP Buys Girard, Nears 10,000 FAs
RCS Capital moves to add Girard Securities to the expanding Cetera Financial Group of IBDs led by Larry Roth.
FSI Taps Cetera, First Allied Exec as Vice Chairman
Adam Antoniades takes on a new role at FSI, while Richard Lampen of Ladenburg Thalmann gets a new title as well.
Investors Cap Grows Sales 20% but Reports Loss
The IBD says expenses rose due to higher commissions and fees, as well as legal expenses tied to its merger with Nicholas Schorsch’s RCS Capital.
The Waiter Test: Recruiting Tips from Commonwealth's Bloom
Many broker-dealers speak about the importance of their corporate culture and how careful they are to make sure there’s a “good fit” when they are recruiting new advisors.
NEXT Financial Seen as Ripe for Schorsch’s Next Big Buy
An industry expert says the rep-owned IBD could be next in the real-estate magnate’s buying spree.
13 Best & Worst Broker-Dealers: Q2 Earnings, 2013
Some large organizations kept up their momentum, while smaller BDs showed both weaker than expected and surprisingly strong results.
Investors Cap Aims to Double Advisor Sales
The independent broker-dealer hosts a workshop led by a top producer to help its reps raise their yearly production.
12 Best & Worst Broker-Dealers: Q3 Earnings
Earnings fell as much as 88%, but also jumped over 70% within the broker-dealer industry—AdvisorOne spotlights the six best and six worst performers.
FINRA Smacks 18 Firms, Workers Tied to Private Placements
FINRA said Tuesday that it sanctioned eight firms and 10 individuals and ordered restitution of more than $3.2 million for sales of private placements, including some issued by Provident Royalties and Medical Capital Holdings.
Investors Capital Matching Advisors' FSI Contributions
The broker-dealer's advisors have just pledged some $25,000 to the advocacy group, with matching contributions from Investors Capital CEO Tim Murphy and advisor Don Ingram.