Independent BDs

The No. 7 IBD expects such moves by advisors to increase in coming years, so it's ramping up offerings aimed at fee-only services.

Reg BI would boost sales because the products fill a pressing need for income over long lifespans, the executives say.

Allianz became the second multinational insurance firm to step away from the IBD space this year under a plan to shutter Questar Capital.

Schwab, Vanguard and LPL explained their approach to campaign donations as the industry and its supporting sectors provided $19 million in PAC contributions.

Sterne Agee changed its name after Stifel sold the firm in 2016 to INTL FCStone for about $50 million.

The private equity firm completed the largest IBD purchase of the year by acquiring the majority of the 7,700-advisor network.

Can FINRA suspend the advisor’s license?

Not all firms have procedures in place. Of those that do, about 20% aren’t enforcing them.

Being an independent advisor isn’t for everyone.

Dick Lampen says the SEC charges against Dr. Phillip Frost, the firm’s primary shareholder, won’t affect its “significant” other resources.