LPL Welcomes Back $200M Team; Raymond James Adds $220M Wells Group
The advisor group returns to LPL from Ameriprise, while Raymond James welcomes three reps to its Advisor Select channel.
H.D. Vest Hires LPL Vet to Lead Marketing, Recruiting
Ruth Papazian will be chief marketing officer; Adi Garg to head information services.
New Hire Roundup: IMCA Announces 2014 Board
Also this week, Celine Colgan joined the Presidio Group, Girard Securities welcomed David Bombart and National Planning Corp. promoted Scott Montgomery.
New Hire Roundup: IMCA Names Whiting National Sales Director
John Carter of Nationwide was named IRI board chairman, and Tom Petrone became director of capital markets at Dynasty Financial Partners.
REIT Restitution, Round 2: 5 Indie BDs Pay Another $10.7M in Massachusetts
William Galvin's crackdown expands beyond non-traded REITs.
Congress Girds for Another Debt Fight as Deficit Shrinks
The deficit is at its lowest level since late 2008, LPL's John Canally writes; PIMCO and Washington Analysis weigh in on the battle ahead.
LPL on Starting Bank: ‘Not at That Stage Yet’
With a drop in private-equity ownership, the IBD can give banking operations a closer look...
LPL Adds $360M Team in Oklahoma
Shaw Financial Services moves to the independent broker-dealer from Lincoln Financial.
Upbeat Jobs Report Signals Quicker QE Tapering
With jobs growth averaging 200,000 a month this year, BlackRock’s Rieder, LPL’s Canally and more predict Fed tapering could begin as early as September.
LPL’s RIA Platform Hits $50B in Assets
More than 200 firms now custody their assets with the independent broker-dealer—including breakway brokers.