RIAs

Schwab Advisor Services has expanded its "Insight to Action" practice management consulting program for registered investment advisors.

What is the fastest growing financial services market and distribution channel? According to Tiburon Strategic Advisors, it's the fee-based financial advisory market.

Financial Advisor Phoenix Advisors LLC is hiring three financial advisors from Capital Financial Advisors.

Pioneer Investments is boosting its coverage of registered investment advisors with the addition of Brian Kilar as a wholesaler for the RIA channel.

Chaisson joins the boutique wealth manager after spending 19 years at Smith Barney, Bank of America and Fidelity Investments.

In the ongoing consolidation of the independent B-D space, insurer AIG's acquisition of Woodbury Financial Services brings the smaller firm in from the cold where it has become increasingly challenging to survive without a larger parent company.

Financial professionals who hold a certified financial planner (CFP) certification can expect to generate more revenue and enjoy higher levels of client satisfaction than their counterparts without the designation, a new study has found.

LPL Financial reported second quarter net income of $39.5 million, down $6 million compared to $45.5 million in the same quarter of 2011. Net revenues for the second quarter of 2012 increased 1.5% to $907 million, from $894.0 million in the prior year period.

Schwab Advisor Services says fewer RIA mergers and acquisitions took place in the first half of 2012 compared to the same period last year, but the average assets under management acquired in those transactions jumped dramatically.

Evercore Partners Inc., the advisory firm founded by former U.S. Deputy Treasury Secretary Roger Altman, said second-quarter profit rose 19% as investment-banking revenue climbed.