LPL’s New Supervisory Rules Will Cost Reps
By John SullivanLPL Financial announced to its reps on Monday that it is no longer allowing standalone reps to be their own supervisors. "This move will cause a lot of controversy and ultimately outflow to other firms, Jon Henschen said.
July 15, 2013
How the SEC Stacks the DeckThe low burden of proof required when the SEC brings a case can easily threaten RIAs' livelihoods.
July 15, 2013
Want to Sell Your Practice With No Transaction Fee?A new website, run by recruiter Phillip Flakes, offers free listings to sellers and charges a subscription fee to buyers.
July 15, 2013
Focus Financial to Get $216M Boost From CenterbridgeThe new investment is the latest in a series of private equity moves impacting the wealth management industry.
July 15, 2013
AdvisorOne Is Now ThinkAdvisorWeve relaunched and renamed AdvisorOne, the premier site for advisor news and analysis, to ThinkAdvisor. The change reflects our sharpened focus on delivering to advisors the thought leadership they want and need at every stage of their career development.
July 12, 2013
RIAs Call Social Media Policies Their Top Compliance GoalAdvisors are honing their social media savvy, with nearly 83% of firms adopting formal social media policies this year, according to a just-released compliance survey.
July 11, 2013
United Capital Announces c5 Wealth Management AcquisitionUnited Capital's acquisition of Virginia-based c5 follows on the heels of its July 1 announcement that it had acquired Georgia-based PPA Advisors.
July 10, 2013
Fidelity Clearing Unit to Reorganize, Appoint New LeadersFidelity Institutional announced Wednesday that it would reorganize the business due to rapid changes in the financial advice industry.