Cetera Financial Group

The independent broker-dealer industry could lose a third of its brokers and many of its smallest firms, experts predict. What does that mean for survivors?

See which TPM tops the list for both highest production-per-adviser and highest fee income.

The industrywide gain in fee income is a welcome development given the new fiduciary rule--see how firms are preparing for new regulations as well as new competition.

Firm relaunches as Aretec – Cetera spelled backward; new owners are undisclosed.

Judge’s decision paves way for the Cetera subsidiary’s IBDs to move past RCS troubles; retirement benefits are unaffected, judge says.

As Cetera parent RCS Capital moves toward bankruptcy emergence, the IBD will shutter two smaller IBDs, leading to likely loss of unknown number of advisers.

Rejection is unsurprising and RCS plans to contest objections by Nicholas Schorsch-affiliated entities, says David Orlofsky, RCS' chief restructuring officer.

Lightyear Chief Executive Donald Marron is getting a second chance to purchase the insurer's broker-dealer arm.