Industry

A dead client, an advisor accused of murder and fraud, and an industry that didn’t see it coming.

Despite the credit-positive reading by one agency, the IBDs are competing against less leveraged rivals.

A new committee staffed by CFP pros and others is tasked with refreshing what consequences advisors will face for failing to comply with the board’s standards.

At an average age of 37, the top-producing brokers operate in 18 different states, plus the District of Columbia and Guam.

Sammons is trying to solve the longtime question of how best to combine planning with certain products through technology.

The nearly 10,000 advisors affiliated with the firm grow 2.5 times as fast as their peers at rival brokerages, CEO Jim Cracchiolo says.

The margin requirements apply to Merrill Lynch wealth management clients and individual traders using the Merrill Edge platform.

The systems are expected to be updated by the end of April, following calls from financial advisors on social media to make a change.

CI Financial has inked 14 deals for RIAs in less than a year — taking the lead in a hot M&A market.

The increase comes as the recruiting market heats up.