Casady Leaving LPL at ‘Challenging Time,’ Recruiters Say
The independent broker-dealer says President Dan Arnold will take over from Mark Casady next month.
Fee Compression, Compliance Are Top Concerns for Advisors: SEI Survey
Only 11% of the advisors surveyed are ready for the implementation of the DOL fiduciary rule in 2017.
CANNEX Brings Greater Transparency to Annuity Market: Top Portfolio Products
In other product news, Invesco and iShares expand their ETF lineups.
Raymond James’ Longtime Chairman to Give Up Post in Early 2017
CEO Paul Reilly will take on the role as Tom James becomes chairman emeritus of the independent broker-dealer.
Which Robo-Advisors Are Best? To Find Out, an RIA Invests in Them
Condor Capital, a New Jersey-based RIA, invested in about a dozen robo-advisors to measure their comparable performance.
Star LPL Rep Charged With Annuities Fraud; Targeted Elderly
A client in her 80s with dementia and limited funds was sold an annuity with a seven-year surrender policy, Massachusetts regulators say.
Ameriprise Adds 10 Reps as Raymond James Brings in $780M Advisors: Recruiting Roundup
Both firms attract financial advisors from Wells Fargo and other wirehouses.
A Trump Repeal of the DOL Fiduciary Rule? Not So Fast
Advisors and broker-dealers on a Nasdaq-sponsored panel recommend that advisors not count on a repeal of the rule anytime soon.
LPL Opens New Campus in South Carolina
Gov. Nikki Haley attended the event in Fort Mill, where the IBD inaugurated its second "green building."
Financial Services Explained, Pt. 3: The Levels of Independent Advice
In this post in our series, an explanation of the different affiliation models of professional advice-givers, aka advisors.