Raymond James Taps Retirement Exec From Janney Montgomery
Frank McAleer, a nearly 30-year industry veteran, comes on board to focus on platform, other tools.
Morgan Stanley Beats Estimates on Smaller Drop in Fixed Income: Q2 Earnings
Morgan Stanley saw a smaller drop in second-quarter fixed income trading revenue than Citigroup or JPMorgan.
‘Mutual RIA’ With Advisor Profit Sharing Launched by LPL Affiliates
Good Life Advisor Systems aims to share profits with all of its partnering reps nationwide, not just principals.
Waddell & Reed Fires Fund Manager, Names New President
Two high-profile departures from the firm have caught Morningstar raters' attention.
Wells Fargo Grabs 8 Advisors With $1 Billion in Assets
Meanwhile, RIAs affiliated with Focus Financial and LPL add reps.
Fund Firms Lag in Social Security Support to Advisors
Only BlackRock is recognized as a Social Security resource by a majority of advisors; the Social Security Administration is the top source of information overall.
Securities America to Add 60 Reps, $950M in Assets
CEO Nagengast says the firm is eager to strike more deals with smaller broker-dealers.
LPL, Former Exec to Launch Retirement Group
Former LPL retirement head Bill Chetney's new firm will work with LPL’s hybrid RIA platform to boost the IBD’s retirement plan business.
Baird Wraps Up Major Acquisition
With the purchase of McAdams Wright Ragen, the privately owned firm now has more than 800 reps in more than 80 branches.
LPL’s Largest Hybrid Is on a Wild Growth Tear
Independent Financial Partners CEO Bill Hamm explains how the firm increased AUM from $3.3 billion to $5.2 billion in a year.