Dan is a business journalist who previously worked for various local newspapers and industry publications. He also worked for two years in Beijing as an editor at China Daily. A graduate of the University of Missouri-Columbia, he has written about banking, local governments and the legal profession, among other subjects. He now covers how politics, policy and regulation affect the financial planning industry.
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Mike Durbin on Cetera's M&A plans, why consolidation will barrel forward in the wealth management industry and the advantages of having a hybrid firm.
December 11 -
Critics of mandatory arbitration say it can go against investment advisors' fiduciary duty to always do what's best for clients.
December 10 -
Ex-CEO Dan Arnold's deal is estimated to be worth about 15% of what he would have received had he not been fired.
December 9 -
Wealth Enhancement Group is the second large OSJ to go separate ways from LPL, following Merit Financial Advisors
December 6 -
Raymond James and Merrill also announce recruiting deals, while LPL hires a head of cybersecurity from PayPal.
December 6 -
The recruits, formerly managing $885 million at their previous firms, are expected to push Concurrent's asset total to $9.7 billion.
December 5 -
Net income in the firm's U.S. wealth business revives following losses related to its City National subsidiary a year ago.
December 4 -
Compliance experts think the costs of going along with a sweeping investigation are ignored by regulators touting the benefits of cooperation.
November 25 -
The bulk of the haul came from the bankrupt crypto company Terraform Labs. But Morgan Stanley, LPL Financial, Ameriprise and other big firms also came under scrutiny.
November 22 -
Fifth Third Bank also draws a big team from Truist, and Morgan Stanley from Merrill.
November 22
