FINRA Floats ‘Watered Down’ BrokerCheck, Broker Bonus Rules
The new broker bonus plan “runs counter to the current industry debate” over a common fiduciary standard, which brokerage firms largely favor, lawyer Patrick Burns says.
LPL Shares Info on Reps Recruited in Q1
The IBD lags rivals in terms of average assets per financial advisor but says its "technology, solutions, service and resources" set it apart.
Talk of FINRA as Advisor SRO Rears Its Head Again
A Republican on the House Financial Services Committee said at FINRA's annual conference that he would "explore" legislation to give FINRA advisor exam authority.
How Super OSJs Bring Innovation to Broker-Dealers
While broker-dealer management is distracted by heavy-handed regulation, BD producer groups (aka super OSJs) are providing multiple new benefits to reps.
Mark Tibergien: Wisdom, Candor and Leadership—The 2015 IA 35 for 35
The leader of Pershing Advisor Solutions uses humor and wit to encourage advisors to do the right thing.
Baird Adds Branch Manager From UBS, Advisor From Morgan Stanley
The employee-owned wealth firm added advisors in Maine and Ohio.
Eric Schwartz: Still a Broker-Dealer Pioneer—The 2015 IA 35 for 35
Cambridge's founder led the independent BD industry to the promised land of fees. Now he’s leading them to succession planning nirvana.
Raymond James Shares New Tech, April Results
The firm is recognized for an aggregator tool, and says its client assets are nearly $502 billion.
Clients Deserve a Clear Choice Between Sales and Advice
There's nothing wrong with commissions as long as the “clients” understand that they are getting “sold” rather than “advised.”
Merrill, Securities America & Commonwealth Add Reps From Rivals
Meanwhile, Focus Financial shares news about its recent executive recruiting.