Independent BDs

The advisors joined the firm’s employee and independent broker-dealer units.

In an internal memo, CEO James Poer pledges that any change to the firm’s capital structure "would be made with your business in mind first."

“I don’t want to call a helpline, I want a partnership,” the advisor says of her move to the firm, which expects to hit record gross recruited production.

The program could connect 4.9 million brokerage accounts to firms selected for the advisor network.

The No. 1 IBD’s advisory AUM flows show results from the company’s efforts to reward advisors for choosing its custody instead of outside firms.

Former Securities America rep Hector May carried out a 20-year scam through his outside RIA, according to prosecutors

The 50 largest teams and OSJs to change their affiliations show both the threat to incumbent firms posed by RIAs and the scale afforded by acquisitions.

The IBD and its subsidiaries’ 2,300 advisors appear to be facing a sale by its parent, with bidding reported to be starting as soon as next week.

Evan Guido is looking to partner more closely with CPAs.

Independent Advisor Alliance and Private Advisor Group — two of the firm’s largest hybrid RIAs — say they’ve added billions in clients assets from IFP.

Macroeconomic trends and matters of convenience will move advisors, assets and markets next year in the ever-changing wealth management space.

Six major trends to watch next year include M&A and the breakaway broker movement.

Wealth management transaction activity will reach a record level for the sixth straight year in 2018, according to one forecast.

The rarely dinged firm joined peers grappling with two issues: mutual fund fees and supervision of advisors who've been sanctioned multiple times.

The firm will test markets in a few cities next year in a bid to keep pace with a shifting wealth management landscape.

The representative had already been permitted to resign and suspended by state regulators, but the firm lost its case for additional damages.

AdvisoryWorld will operate as an independent subsidiary under the No. 1 IBD while adding new offerings for its 30,000 advisor and institutional clients.

With 27,000 advisors on the move this year in wealth management, the industry remains in a period of flux.

B. Riley is grabbing a majority stake in National Holdings while pledging to be a passive investor in the overhauled firm.

The executive argues the firm’s ownership structure is giving it a leg up — rather than posing the issues for advisors decried by critics.