LPL Financial's Prospectus: Behind the Numbers
By Kate McBrideUnique independent brokerage model could be promising; there's some debt and questions, as for all firms, about the effect of regulatory reform.
June 04, 2010
LPL Files for $600 Million IPO; Five Years after TPG SaleLPL Holdings, with 12,000 affiliated financial advisors, files registration with the SEC nearly five years after selling 60% of the company to Texas Pacific Group (TPG) and Hellman & Friedman.
June 04, 2010
After the Kenneth Starr Swindle: How Advisors Can Reassure ClientsFinancial advisors, RIAs and lawyers point to crucial role of third-party custodians in the aftermath of Kenneth Starr's alleged $30 million fraud.
June 04, 2010
After the Starr Swindle: How Financial Advisors Can Reassure ClientsFinancial advisors are buzzing about the SEC's $30 million fraud case against "advisor to the stars" Kenneth Starr in light of issues such as fiduciary duty, transparency and custody rules.
June 02, 2010
CFA Enrollment Breaks Last Year's Record With 9% IncreaseA total of 139,900 candidates from 160 countries--9% more than last year--enrolled for the chartered financial analyst exam this month, the CFA Institute announced Wednesday, June 2.
June 01, 2010
Correction, Bear Market, or Worse?Given the current economic climate and the decline in risky assets, I feel compelled to continue the conversation we began some three weeks ago. If...
June 01, 2010
Model Non-EmployeesAfter last year's banner surge, independent broker-dealers have seen a sharp falloff in new advisors. The question that begs asking: Has the RIA marketplace stolen...
June 01, 2010
A Moral Commitment to Your ClientsInterest among wirehouse brokers in going independent ebbs and flows over the years, depending on the size of recruitment packages and public standing and marketing...