Cetera Financial Group

The six-IBD network lost advisors during a capital structure change, but its new majority owner says the predicted expansion is still on track.

Smaller firms are opting to turn into OSJs in an era of shrinking margins for IBDs and record consolidation in wealth management.

The CEO said his decision to resign followed a physician’s recommendation in connection with an undisclosed medical problem.

The past year brought major changes to the IBD network, including the sale of its majority stake and a structural reorganization.

In an unusually frank discussion, women executives from five major firms urged the industry to get involved in educating young people about wealth management.

The 7,700-advisor IBD network hasn’t been as active in recruiting as its rival lately — but it’s holding on to a portion of the major enterprise.

The No. 1 IBD poached two more teams from the largest firm in rival network Cetera Financial Group.

The private equity firm completed the largest IBD purchase of the year by acquiring the majority of the 7,700-advisor network.

A team of four women is moving to LPL in pursuit of what they say is a less difficult, lower-fee alternative.

The No. 1 IBD drew in a team composed of both CPAs and advisors.