Economy

Clients on the hunt for a new home may find they have more leverage at the negotiating table.

President Shawn Mihal unveiled a series of changes to the firm’s compensation grid, field structure and advisory programs.

The advisors retained from shuttering Broker Dealer Financial Services will add more than 80 advisors now able to tap into the buying firm’s offerings.

The firm “has experienced a successful streak of recruiting over the last two years, adding more than 100 experienced financial advisors during that period,” says President Jerry Lombard.

The broker is part of a wave of new hires at the regional brokerage firm.

A civil filing by an IBD seeks damages for firms and reps “who devoted significant time and resources to building a book of business,” an attorney says.

The regional BD continues to benefit from the ongoing stream departing the wirehouse.

Commonwealth Financial Network is helping advisors convert to full RIA status and, in the opinion of advisors and executives, shedding its traditional label.

Competitive pressures from the industry’s smaller players are changing the wirehouse playbook.

The largest IBD unveiled a partnership with the U.S. Army Reserve designed to tap ex-servicemembers and reservists through apprenticeships.

Aiming to build a unified experience for its members nationwide, the move follows fiduciary fallout and dissolution of its New York chapter.

The case involves allegations of improper use of the 83-year-old investment bank’s trademark and name.

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The regulator is living up to its promise to overhaul exams and engage more — and one potential rule in the works would be “monumental," according to the IBD.

The merged operation will be run by someone yet to be named who will report to Jon Weiss, head of wealth and investment management.

New COO is pitching firm’s name, platform — and capital.

The back-office staff and asset-management division bore the brunt of a decline in the overall size in the class.

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

To sway a federal judge, both sides have tried to bolster their arguments by pointing to Facebook, joint production agreements, news articles and more.

Despite the IBD converting much of its technology, HD Vest's COO says the process has been less painful because its planners are supportive of the changes.