Securities America

The network’s largest subsidiary will support fee-only advisors, and one of its smaller firms is targeting five times its level of recruitment from 2018.

Former Securities America rep Hector May carried out a 20-year scam through his outside RIA, according to prosecutors

The 4,300-advisor network is investing in insurance distribution after benefiting from rising interest rates and record client assets.

Dr. Phillip Frost, the principal shareholder of the IBD network’s parent firm, has stepped down, giving way to CEO Richard Lampen.

The deal with the family-run independent insurance firm followed record sales in fixed-index annuities.

The OSJ spans dozens of advisors, and it marks at least the ninth major exit following a change in policies at the No. 1 IBD.

Scott Wolas assumed other people’s names to pose as a real estate agent, bartender, retired paleontologist and a registered rep, investigators say.

A FINRA arbitration claim followed an asset freeze and the launch of a federal investigation into the fired advisor’s RIA.

Securities America and Atria Wealth Solutions hired recruiting and operational heads from Ameriprise and Cetera.

Although the industry reflects stark disparities, these firms are leading their peers in the hiring of female registered representatives.

The misconduct is so pervasive that the regulator is temporarily allowing violators to come forward.

The Justice Department disclosed a felony probe the day before the broker’s termination.

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

The No. 9 IBD has emerged as one of the major players in a tough recruiting fight after the massive acquisition.

First Federal Savings Bank of Champaign-Urbana moved its investment services business to LaSalle St. Securities in a bid to deepen relationships with the back-office staff supporting the business.

The firm is tapping a pool estimated by LPL to be as large as 1,200 brokers with $35 billion in client assets.

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

Executives from Pershing and Fidelity say smaller firms can find a home in the hybrid space.

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

Compliance and technology hurdles have snarled firms’ efforts to address a longtime gripe.