Independent BDs

The $263 million practice’s new IBD reported record recruiting for 2017, helped in part by the movement of advisors following LPL’s massive acquisition.

When your client is a foreign national, it pays to find out if the same regulations apply.

Instead of thinking about fiduciary purely as an obligation or regulation, advisors should envision it as something much bigger: a way of life.

The Justice Department disclosed a felony probe the day before the broker’s termination.

Many of the trades should have triggered market manipulation concerns because they involved companies that were barely operating but engaging heavily in promotional activity, the SEC says.

The new hires say they were drawn to the firm’s investment platform, product offerings and investment diversification.

The Advisor Group IBD added three new teams, but state regulators required enhanced oversight of one new recruit.

Dan Arnold received a 155% raise in his first year atop the nation’s largest independent broker-dealer.

Planners are seeking the independence and support that they say they aren’t getting at wirehouses.

As the financial planning industry nears a fee-only, fiduciary world, independent broker-dealers will face some important choices about their future business models.

IBDs and regional firms are making the biggest changes, but RIAs have room for growth as well.

National Financial Services accused the brokers' former IBD of breach of contract in a case displaying the complexities of such moves.

Frustrated by the limitations of working at a bank-owned brokerage, advisors Randy and Matthew Price opted to join the independent firm in Houston.

Cetera has provided financing and other services in more than 250 acquisitions across the IBD network since 2015.

IBDs are waging a tough recruiting fight for hybrid RIAs, and Bill Van Law played a pivotal role.

The securities-backed lending platform provides liquidity to borrowers and transparency to advisors, the investment banking giant says.

The 1,778-advisor firm constitutes the largest privately held IBD, underscoring the growing appeal of boutique-like models.

The two IBDs have agreed to pay restitution in one of the largest securities fraud cases in the advisor’s home state.

A directive on ETFs took the advisor by surprise after several years with the No. 29 IBD, he says.

The Chicago-based community bank is the second bank this year to move its business from Invest Financial.