Independent BDs

Investment advisors and broker dealers have different “relationship models” with clients, the chairman says.

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.

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.

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.

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

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.

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

The largest IBD network is integrating data analytics into its recruiting and client leads after embarking on other major changes in recent months.

The tax-focused planning IBD is shedding low-producing advisors while retooling its pitch to prospects.

In addition to being fired, advisors could also face suspension and fines — all from the carelessness of not carefully reading one simple question.

The move by Alexa von Tobel’s startup to drop planning services reveals a deal marked by challenges from the very beginning, experts say.

The largest insurance company-owned IBD and Alexa von Tobel's startup announced a new setup for the firms roughly three years after the acquisition.

The No. 1 IBD has completed the NPH acquisition, but CEO Dan Arnold unveiled further growth initiatives amid challenges to its dominance.

Jodi Perry took over as national director of the independent contractor division as the firm seeks to keep up its strong momentum.

State regulators and the No. 1 IBD struck a settlement after investigators found the firm guilty of negligence and a failure to supervise.

The firm is prioritizing its most productive advisors after shedding some 30% from its headcount.

Allegations of undisclosed private securities transactions by a former advisor followed two significant mutual fund cases involving the IBD network’s practices.