LPL Shares Q2 Recruiting Update, Sees Less DOL-Related Uncertainty
CEO Dan Arnold discusses why the independent broker-dealer is upbeat on its recruiting pipeline for the rest of the year.
LPL Launching Robo-Advisor This Month
The digital platform, Guided Wealth Portfolios, already has $14 million in assets and more than 700 clients.
SIPC, FINRA to Offer Simpler BD Filing Process
Starting Sept. 1, firms that currently file annual reports separately with SIPC and FINRA will file just once.
Two Ways LPL Plans to Innovate: New Mobile App, Virtual Assistants
At its Focus conference, CEO Dan Arnold shares details about a mobile app for clients and the IBD's experiments with “Uberization.”
SEC Nabs 4 Former Brokers in Annuity Scam Targeting Federal Workers
Brokers conned federal employees to roll over federal Thrift Savings Plan accounts into higher-fee, variable annuity products.
ProShares Adds Equity ETF Designed for Rising Rates: Portfolio Products
In other product news, Aria RetireOne announced it will start providing a fee-based variable annuity.
A Family Affair
News doesn't slow down much in the summer, especially with a new president and the start of a hotly debated regulatory regime for advisors.
Behind the Numbers
Financial advisors should read the myriad of industry studies and surveys that come out each year with a grain or two of salt.
BDs Address Fiduciary Rule, Growth Challenges
There was not a slowdown in news at major broker-dealers this summer.
New Tool Helps Families Assess Effects of Budget Cuts on Student Aid
A new tool from the National Association of Student Financial Aid Administrators shows the impact of Trump budget cuts on financial aid at individual schools.