LPL Lays Out Plans for NPH Broker-Dealer Integration
LPL Financial confirmed industry speculation by announcing that it recently bought Jackson National Life affiliate National Planning Holdings’ four broker-dealers.
GOP Framework Would Raise Taxes for Many of Your Clients
Analyses from the conservative-leaning Tax Foundation and liberal-leaning Tax Policy Center agree that those in the 90th-95th percentiles for income would pay more.
New York Reminds Student Borrowers to Apply for Loan Forgiveness
Trump has threatened to end the program, but Attorney General Schneiderman notes it's still intact and his office will help New Yorkers wrongfully denied eligibility.
Raymond James Taps New Exec in Indiana
Patrick O’Donovan has led branches and other operations for Smith Barney, Morgan Stanley and other financial firms for the past 32 years.
Kovack Securities Inks Outsourcing Deal to Add 35 Reps
The strategic alliance could boost the IBD’s assets to more than $10 billion.
Alabama Securities Director Borg Steps Up as NASAA President
As he starts his one-year term, Joseph Borg notes growing BD interest in the NASAA Model Fee Disclosure Schedule.
It’s FAFSA Time: Get Your Clients Ready
Parents and students can file these forms, which are required for financial aid and PLUS loans, as soon as Oct. 1.
FINRA Hits Morgan Stanley for $13M Over UIT Trades
Hundreds of Morgan Stanley reps executed short-term UIT rollovers in thousands of customer accounts, FINRA found.
Envestnet | PMC Unveils Gender-Focused Impact Strategy: Portfolio Products
In addition, AlphaCore launched a new fund to make statistical arbitrage readily accessible to the public.
Raymond James Adds $170M Morgan Stanley Duo, Shares Financial Update
The firm boosted assets, fees and commissions in August and in September had "elevated expenses" tied to Hurricane Irma.