TD Ameritrade Draws 441 Breakaway Brokers in FY2012
By John SullivanIssues driving breakaway brokers include an ongoing crisis of confidence with Wall Street, in which clients are voting with their feet.
November 01, 2012
Mariner Wealth Advisors Announces Partnership With RiverPointMariner CEO Marty Bicknell, who founded the wealth advisory in 2006, was previously a senior vice president of investments at A.G. Edwards & Sons.
November 01, 2012
It’s Still the Economy, Stupid: TD Ameritrade Poll Ahead of ElectionRetail investors named three issues as weighing heaviest on their confidence in the stock market, according to TD Ameritrade's Investor Sentiment Poll.
October 31, 2012
LPL Tops Estimates, Boosts AssetsThe number of advisors drops from the second quarter, but is up for the year at 13,140.
October 30, 2012
Should Brokers Be Forced to Disclose Their Bonuses to Clients?SEC Chairwoman Mary Schapiro in 2009 wrote a letter to broker-dealer CEOs warning them about recruiting brokers with high upfront bonuses.
October 30, 2012
TD Ameritrade Has 13% Drop in Quarterly Profits, But Boosts Net New AssetsAMTD's profits for the full year fell 8%, totaling $586 million, or EPS of $1.06, versus $638 million a year ago, or EPS of $1.11.
October 25, 2012
Raymond James Nabs $225M Wells RepThe veteran advisor, Mark Teed, joins its employee channel.
October 25, 2012
Principles vs. Rules: The Fiduciary Debate in a NutshellAt TD Ameritrade conference, CFA's Roper, IAA's Tittsworth and SIFMA's Carroll agree, disagree and look ahead at fiduciary standard, SRO for RIAs.