Independent BDs

An advisor was terminated after accepting money from a brother, who was also a client. Is such a loan allowed?

The regional BD adds two teams with $373 million in assets.

In the first full year under Atria Wealth, the firm added programs from banks and credit unions with $7 billion in assets.

The firm is looking at a range of “different opportunities” for potential wealth management deals, CEO Jim Cracchiolo says.

The company hopes to recruit new advisors by taking a version of its home office tour on the road.

Increased captive insurance coverage due to expanded business in 2018 was a primary driver of a three-year high in regulatory spending, the firm says.

People familiar with the matter said that Centerbridge Partners is in talks to buy the four-firm, 6,500-advisor IBD network.

The advisors join from Merrill Lynch, Raymond James, U.S. Bancorp and Investment Professionals.

Blucora’s wealth management unit is transforming while showing some impressive results. But is the firm moving too fast?

The recruits joined from Merrill Lynch, Wells Fargo Advisors, SunTrust and Snowden Lane Partners.