Independent BDs

Analysis: Smaller firms may sometimes require more due diligence for advisors considering a move. Here's what to look for.

The firm will "re-focus" its business on Cetera, which will enter into a "strategic relationship" with Apollo Global Management to offer that firm's sponsored alternative investment products.

Creating a high-end brand from scratch is a daunting prospect, says Jeff Spears, chief executive of Sanctuary Wealth Services.

"We are reasonably confident that going into 2016 regulatory expenses will be down substantially," says LPL's acting chief financial officer Tom Lux.

A former Wells Fargo FiNet affiliate has signed on with Raymond James' independent broker-dealer.

After 17 years with LPL, planner says the large B-D's service dropped off.

"This disturbs me to the core," Sheryl Garrett says after FINRA election; new FINRA leader says his views were distorted.

The move "is not part of a broader consolidation strategy," Cetera maintains.

"Make no doubt about it, we are not near a recession," says LPL chief investment officer Burt White.

The independent broker-dealer knows it’s in a dogfight to stay competitive in a sellers’ market.

Recruiting "is as competitive as I've seen it in the last 10 years," says LPL exec.

One goal is to fully automate LPL's roughly 20 million pages it uses each year and eliminate the experience of working in an office over-filled with files.

“The changes we announced today makes the [robo] cost issue go away,” LPL Chairman and CEO Mark Casady tells Financial Planning.

A recruit from the banking channel at Wells Fargo moves to the regional's independent broker-dealer.

The firm reported solid growth and record advisor productivity in its wealth management business.

Recruiting stayed strong as Raymond James reported a 6% increase in quarterly profits for its wealth management unit year over year.

The top rankings change considerably when the B-D networks are considered as single operations. Here's an all new top 10 list.

The advisor agreed to a lifetime bar from the industry after a hacker who impersonated a client persuaded him to illegally transfer $160,000 of client funds.

With the addition of the new recruits, Faubourg Private Wealth Advisors now has seven former J.P. Morgan advisors.

The advisors managed a combined $278 million in client assets.