Economy

The private equity-backed parent now spans four independent broker-dealers with nearly 2,000 advisors and $65 billion in client assets.

"The more objective you can make things, the better it will be," an expert says.

The firm is “looking to aggressively compete” by lowering and simplifying the fees on its advisory platforms, a top executive says.

Mainstays of the sector like Commonwealth, Cambridge and Northwestern Mutual are contributing to it, but smaller firms are also driving change.

The rule can create significant tax savings, but in unskilled hands it can just shift the burden elsewhere.

The No. 1 IBD aims to triple its potential target market reach, in part by adapting some aspects of employee services to independence.

The regional BD opened its third new location in Texas this year.

The wirehouse loses four more advisors to the regional BD.

ETF Managers Group, best known for the ETFMG Alternative Harvest ETF, signed on as the official sponsor of the UFC fighter nicknamed the Boa Constrictor.

The firm had cut back on hiring efforts in 2016, citing exorbitant costs.

It’s a tool, not a business model said the CEO at LINC conference; competitors beg to differ.

Concerns arose when the SEC first proposed its package of regulations. Instead of addressing these worries, the agency just codified them.

The ex-CEO of a tax-focused firm acquired by the network in 2012 now leads HD Vest and 1st Global following the $180-million deal.

Two of the new hires are brothers who spent more than 20 years at the wirehouse.

The recruits also opened a new branch for the regional BD.

One advisor has more than three decades of experience in the business.

The BD’s employee channel is attracting more independent reps through offerings like technology and practice acquisition support.

Independent broker-dealers have changed with the times. Our annual ranking has, too.

Brokers at the firm have expressed concern their employer and the CFP Board are on a collision course.

The new player aims to disrupt the sector despite losing some 300 reps to other firms.