Osaic

The advisor told victims that he would invest their money in Royal Alliance brokerage accounts but instead used the funds to make BMW car payments and pay for personal expenses, prosecutors claimed.

A pen and paper or more advanced methods of documentation can save financial advisors from a variety of troubles.

Allegations of undisclosed private securities transactions by a former advisor followed two significant mutual fund cases involving the IBD network’s practices.

A 41-year industry veteran says his practice was seeking “a new strategic partner to help us take the next step in our firm’s growth.”

The private equity-backed IBD is "very appealing to advisors in that larger independent setting," its top recruiter says.

Jamie Price doesn’t expect the firm's advisors to have any problem with a new standard after taking steps to comply with the more restrictive DOL rule.

The bank’s latest retreat from wealth management will move 51 advisors to the independent space under Woodbury Financial.

Advisor Group firm Woodbury Financial targets the bank brokerage channel.

The Advisor Group IBD added three new teams, but state regulators required enhanced oversight of one new recruit.

IBDs and regional firms are making the biggest changes, but RIAs have room for growth as well.

Cetera, Advisor Group and Securities America are unveiling upgrades they hope will help advisors save time while growing their businesses.

Advisor Group set a record for its recruiting in 2017, and Securities America announced more than a dozen fourth-quarter grabs.

It’s an uncomfortable topic, especially after a bruising round of accusations in the 1990s.

It’s been a busy first year for the firm’s new chief. Jamie Price responds candidly to Financial Planning’s rapid-fire queries.

The No. 20 IBD unveiled a total of 15 practices joining its ranks in the fourth quarter.

LPL's acquisition of National Planning Holdings' assets alone resulted in 10 moves of $744 million or more of clients assets.

The IBD network says it has added 583 advisors so far this year.

Morgan Stanley alone lost 11 teams managing about $7 billion after its abrupt exit from the protocol pact, according to recent hiring announcements.

Advisor Group BDs have poached at least four NPH practices after LPL acquired the network’s assets.

Woodbury Financial has peeled off more than 80 advisors in the wake of LPL’s giant acquisition.