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.
Schorsch's RCS Rebrands IBD Unit, Stays With Pershing
The unit, renamed Cetera Financial, will include expanded marketing platform and consulting services, Cetera CEO Larry Roth said.
Schorsch’s RCAP Buys Another IBD, Reports Q2 Results
VSR Group will join RCAP’s Cetera Financial group, boosting its advisor count to more than 9,200.
Fines Eat Into LPL's Q2 Earnings
LPL Financial's net income fell 4.4% from a year ago, mostly related to unforeseen regulatory costs.
Alternative Asset Managers Targeting Retail Market: Cerulli
“These firms have been hard at work identifying ways to make illiquid private investments more mainstream and allow smaller investors into their funds,” Cerulli says.
Should Brokers Be Forced to Disclose Their Bonuses to Clients?
SEC Chairwoman Mary Schapiro in 2009 wrote a letter to broker-dealer CEOs warning them about recruiting brokers with high upfront bonuses.
Discipline, Balance and an Increasing Dividend: Keys to a Retail REIT’s Success
Discipline and balance: These are the key principles behind the strategy at Federal Realty Investment Trust, a REIT that specializes in high-quality retail properties.
Deutsche Bank Selling Chunk of Asset Management Business
The decision to sell was made in the wake of a strategic review of the business that was spurred by changing conditions within the industry that included regulatory reforms.
I was recently accused by one of my friends of being a “numbers guy,” which, as a former philosophy major and professional journalist, I found quite amusing.