Independent BDs

The giant independent broker-dealer said Wednesday that it had created a new channel to target wirehouse advisors with high net worth practices.

Coming off another record quarter, the independent broker-dealer giant sought to reassure analysts questioning its stagnant advisor headcount.

LPL's employee channel has proved popular since its 2019 launch, and recently announced its first $1B team. Here's how that move happened and where Linsco goes from here.

The bank team was seeking a place to support its growth in providing boutique 'concierge' services, while maintaining autonomy.

The president of Kestra Financial spoke with FP about the power of using relationships to help recruit big talent, and how the firm differentiates on the talent market.

The third time was the charm for LPL, which failed twice to win the big team it finally recruited this month. Here's what worked this time around.

One industry recruiter called the Aegis group at Lincoln 'the last people we expected to move.'

New portfolios from BlackRock, Fidelity, T. Rowe Price and Clark Capital underscore the Chicago-based firm's ambitions with independent advisors.

The sale of $15 billion Grove Point Financial comes as smaller broker-dealers confront market headwinds.

The large brokerage reported record results for its wealth management business as it waits to bring several more financial advisors on board.

Reports and recruiters say that smaller firms, more flexibility and greater diversity are increasingly popular with industry job seekers

Leave the pitch deck at the office and treat the prospect like they're already a client, counsels the director of a global sales training company.

An advisor with strong client relationships can make a move whether markets are up, down or sideways.

The SEC is issuing stark warnings about the funds, even though it approved them for investors.

Stock market woes are depressing earnings for advisors who charge on client assets, but the pass-through benefit and a health insurance deduction can alleviate a lot of the pain.

From pay and perks to avoiding burnout, this is what advisors want, according to an Arizent research report.

Even stodgy Wall Street brokerages are loosening up as they try to win the war for talent.

The benchmarking product can compare advisors to peers, but experts say that users should keep their personal goals top of mind.

Wall Street’s self-regulator says recent data show that only mid-sized and smaller firms would have fit its new “red flag” criteria.

The wealth manager has opened more ways to affiliate with the firm by starting to tap M&A deals with a sizeable pipeline for more in the future.