LPL Financial

Once a top-producing planner at LPL, Carson now possesses a direct line to the CEO.

The large community bank will look to LPL to help the investment services business meet the requirements of the fiduciary rule.

The executive suite transition has been years in the making.

One of the recruits has more than two decades of experience.

The regulator said "significant deficiencies" affected hundreds of millions of records.

The model for financial advice "is primed and ready for change," says Cetera CEO Robert Moore.

The potential for the fiduciary rule to be scuttled by the Trump administration helped drive the decision, sources say.

Casady provides both consistency and a fresh approach, leaders of the firm's OSJs say.

President Dan Arnold will be tasked with managing the rollout of new digital technologies and implementing the fiduciary rule.

The president and former CFO will step up at a critical time for the nation’s largest IBD amid competitive threats and pressure to boost its stock price.