Are Privately Owned Broker-Dealers a Dying Breed?
With the recent sales of broker-dealers, have you noticed how many BDs in the top 50 are privately owned?
Securities America Nabs Ex-Advisor Group Recruiter
Gary Bender spent the bulk of his career at independent broker-dealers Royal Alliance and Woodbury.
Schorsch’s Cetera Rolls Out Consulting Group for Advisors
Cetera's 9,000-plus independent reps will get easy access to accounting, legal and other experts over the next year, starting with the top performers.
Ex-Schwab Rep Barred for Stealing, Reselling $1M in Office Equipment
The former broker faces other charges tied to drug dealing and illegal use of a communications device in Florida, FINRA says.
Raymond James Taps Ex-Wirehouse Manager for Bay Area Growth
The former Morgan Stanley, Citi and Merrill Lynch employee will be based in San Francisco.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2014
The third quarter saw several firms get hit with problems, while others were able boost their financial results.
Securities America Wraps Up $2.5B Insurance Acquisition
The latest deal brings the IBD to more than 200 advisors and an OSJ that sells variable insurance products.
SEC, FINRA Come Knocking at RCS After ARCP Accounting Errors
Nicholas Schorsch's RCS says it talks to the regulators as a part of its regular operations and will continue to do so.
HD Vest Reps Add $94M in AUM Thanks to Tax Talks, Tools
An enhanced software program helps reps process more client information so they can grow their practices.
RCS Capital Says Some Brokers Lifting Product Suspensions
The news comes as the company considers spinning off Cetera Financial.