Economy

The regulator will save members tens of millions of dollars by helping them verify advisors’ Form U4 financial disclosures, Robert Cook says.

The No. 4 independent broker-dealer has unveiled two major recruiting grabs from its rivals in two weeks.

A chance encounter in an elevator set Merrill Lynch advisor Adam Rosenfeld on a new path.

Wells Fargo was among biggest losers as advisors jumped to other firms.

If Cetera ties itself to a culturally unmatched firm, the roadblocks it creates for itself may be too much to overcome, an industry recruiter says.

Firms are required to verify their procedures are reasonable, but they also must tailor their supervision to individual advisors, and sometimes that means crafting higher level of oversight for some people.

Selling printer cartridges at age 16, Umesh Trikha took home more than just a paycheck.

Independent Financial Partners’ CEO predicts the firm will retain about 80% of its business, despite a daunting series of challenges.

More advisors can’t ignore the call to go independent.

“I believe in paying it forward in a multitude of ways,” Nick Kavallieratos says.

The firm left Kestra for PKS as part of the move as increasingly large breakaways fuel the independent movement.

It's the latest hire for the regional firm, which is on a recruiting hot streak.

An inside look at which firms are attracting assets and advisors.

The firm broke off from its OSJ and followed four others of its type in leaving the No. 1 IBD after a change in its RIA rules.

While it offers a hefty tax deduction for pass-through income, an expert says the rules are a "convoluted mess.”

The advisor is the latest to join the high-end wealth manager.

The moves come as the employee-owned firm posted record revenues.

Kwame Brown has played for teams such as the Los Angeles Lakers and Washington Wizards.

Scheduling freedom allows for more time with the kids, say those in the industry.

The securities watchdog reprimanded the broker-dealers for allegedly not distinguishing their services from those of the credit unions they did business with.