Cetera Financial Group

The ratings agency said the firm's leverage, which is poised to spike from the acquisition, will ultimately decrease this year due to profits from rising interest rates.

The previously unreported case reflects shifting dynamics in the channel as the largest tax-focused wealth management firm hits one of its closest rivals with litigation.

The firm also added $15 billion in client assets through recruiting in 2022 just before announcing the largest deal of CEO Adam Antoniades' tenure.

The mother-daughter team sold their practice to SageView Advisory after deciding that they needed to shed some tasks in order to spend more time with customers.

The independent wealth management firm made its third significant deal with an insurance firm exiting the industry in the past four years.

The group of 70 financial advisors left Advisor Group's Securities America to focus on expansion with the help of a rival to its prior firm.

Advisor Group surpassed LPL at the top of the list, but consolidation, complexity and change remained the key themes in a highly competitive channel in 2022.

Advisor Group, Ameriprise, Cetera, Commonwealth, LPL and Raymond James are getting bigger and streamlining a crowded field of business as they go.

The joint project with one of the largest advisory practices in the firm's tax-focused brokerage displays how wealth management firms are backing their OSJs.

Consumer advocates cheered the outcome of the case and the regulator's enforcement push in recent years. Commonwealth's case is still pending.

Private Advisor Group is going through a CEO succession, while $2.5B firm CCR secured financing from the parent of its longtime brokerage.

These are the largest firms with financial advisors who work with broker-dealers but aren't their employees.

A 38-year veteran financial advisor won a significant award in FINRA arbitration after a brokerage claimed he made unauthorized trades.

Teams are taking longer to switch brokerages as the pandemic recedes and advisors return to the office, according to John Pierce, the firm’s head recruiter.

A FINRA arbitration panel awarded former clients of First Allied Securities the full damages they requested in the case.

Private equity firms are jostling to invest in financial advice firms that they think may become cash cows.

Michele Dillon, a 30-year veteran of wealth management, started in April

She made headlines when she became chairwoman in 2019, but quietly exited two years later when a marketing campaign created a conflict of interest.

The No. 1 IBD added to its record headcount with the third billion-dollar move it unveiled in a two-week span.

The judge declined the barred rep’s request for sentence reduction based on his “severe” bipolar disorder and restitution efforts.