Practice

“For progress, we need to make people just the right amount of uncomfortable," says Erika Karp of Cornerstone Capital Group.

At least three dual practices with nearly $1.5 billion in client assets have left since the No. 1 IBD unveiled the new guidelines.

It's a sign the firm is still selectively hiring despite leaving the Broker Protocol last year.

Benefit are usually expected to replace about 40% of their pre-retirement income, but that's an average, so many people will get even less. The question is: how much less?

Unhappy with M&A offers, CJM chooses to stay independent.

Citing mounting investor losses from unpaid arbitration awards, investor advocates see a role for Congress to force FINRA's hand.

"We've been waiting for the finicky sellers and now they're here," says Echelon Partners CEO Dan Seivert.

The No. 9 IBD has emerged as one of the major players in a tough recruiting fight after the massive acquisition.

"Simply calling yourself a financial planner does not make you one," argues CFP Board CEO Kevin Keller.

RIAs are repeatedly told to adopt new technology to stay competitive. Carson says his business is an example for the industry to follow.