2 Hybrid RIAs Add Wirehouse Reps in California
Plus, Lebenthal Wealth Advisors opens branch in North Dakota energy boomtown.
LPL, Advisor Group Stop Sales of American Realty Capital REITs
LPL, the biggest independent broker-dealer, has suspended sales of products tied to the Schorsch real estate empire.
$3.2 Million Team Comes Back to Securities America
Citing "cultural differences," Wayne Maier and his team split from National Planning Corp. after six years.
FSI Names Derek Bruton, Seth Miller to Its Board
The independent BD association names replacements for Bill Dwyer of LPL and Jim Livingston of National Planning Holdings.
Johnson Named President of National Planning Corp.
John Johnson has been acting in this role for the Jackson National-affiliated independent broker-dealer since November.
Wirehouses, Others Actively Attract Reps
In the final months of 2012, the wirehouse firms continued to recruit advisors from each other and from other broker-dealers.
LPL Financial Adds $650 Mil Team
The new group includes five advisors and was formerly affiliated with SII Investments, a National Planning Holdings broker-dealer
NPC Launches Social Media Pages
National Planning Corp. announced Monday that it has launched official Facebook and LinkedIn pages. “We’re trying to put a face to what a broker-dealer really is,” said Craig Lewis, vice president of marketing.
Why Advisors Should Never Let a Crisis Go to Waste
“I was able to take a miserable day and turned it into one of the best PR days I’ve had,” Jim Person said at Curian Capital's semiannual advisor gathering.
National Planning Holdings Reports Record Annual Revenue, 5% Jump in Reps
National Planning Holdings Inc., the network of independent broker-dealers that is an affiliate of Jackson National Life, announced Tuesday that in 2011 it posted a 13.5% increase in revenue to a record $788 million, with a 14% increase over the prior year in product sales to a record $16.3 billion.