Osaic

Matt Schlueter, executive vice president of operations and technology solutions, spoke to Financial Planning about how tech stack flexibility and integration keep such a large organization running.

John Hicks, the chief marketing officer of Ausdal Financial Partners, sees his firm's lack of private equity ownership as a big part of its appeal.

Affiliated Advisors aims to recruit, retain and advance wealth management professionals with resources aimed at three different career stages.

The wealth management business of the world's largest credit union and its 14 million members opted to choose its own destination after a giant M&A deal.

FINRA charges restitution but forgoes punitive fines for the three firms after crediting them for cooperating in its investigation.

The 10 largest transitions include deals by LPL and Osaic, hybrid RIAs that received private equity infusions and even a new public offering by a SPAC investor.

Dimple Shah, Osaic head of corporate strategy, said she and other executives expected some advisors to leave during the firm's "Journey to One" and that attrition has been mostly in line with expectations.

Rising financial advisor productivity came with much better pay at these independent brokerages.

Slight shifts in the makeup of the biggest firms in the channel reflect a more complicated picture than sheer dominance by the giants at the top.

The trio of financial advisors cited the needs of ensemble advisory practices, succession resources and the option to convert to a hybrid RIA model someday.