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CFO moves up as departing exec heads to asset management shop.
March 3 -
After 18 years with LPL, veteran advisor Edward Metz leaves for more personalized service at the smaller BD.
March 2 -
In a rare independent-to-employee move, four independent advisors joined the employee channel of Raymond James.
February 25 -
After the company combines its custodian and clearing businesses and launches a new tech division, advisors should be alert to any service changes.
February 25 -
Just after a $150 million deal to acquire rival Sterne Agee was announced, quarterly profits in the firm's wealth management division were up 6.5% year-over-year.
February 24 -
Retail advice revenue accounted for roughly two-thirds of RCS's total full-year revenue of $2.8 billion, but the company's 2014 loss was almost 100 times greater than in 2013.
February 24 -
The deal boosts Stifel's advisor force by one-third to about 2,800 advisors -- and readies the firm to grow its business in the independent channel.
February 23
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Stifel CEO Ronald Kruszewski wants to be an advice leader, and acquiring Sterne Agee may get him there, potentially lifting the firm's total advisor headcount to 2,800.
February 23 -
A former executive at the REIT giant co-founded by Nicholas Schorsch has dropped a suit accusing the company of firing her for blowing the whistle on financial improprieties.
February 20 -
While regulatory costs pulled-down full-year profits, the giant IBD seemed to turn a page at year end with a 9.8% spike in fourth-quarter earnings.
February 19 -
A wealth manager, with $65 million in client assets before he left the regional broker-dealer, joined an independent firm affiliated with SagePoint Financial.
February 18
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Two former UBS advisors with over $120 million in client assets have signed on with Aegis Capital Group, an independent broker-dealer and RIA.
February 18 -
Advisor Billy Belcher joined the firm's independent broker-dealer.
February 13 -
No clarity on how regulators will decide to handle fiduciary standard proposed for broker-dealers, Schapiro said.
February 9 -
The industry regulator says increasing oversight of RIAs is a "top priority" as it appeals to Congress for a funding increase to hire more examiners.
February 3 -
Matt Lynch, a former B-D CEO, says his new boutique consulting startup will work alongside client firms through their most risky transitions.
February 3 -
Though the mutual fund provider will have a majority ownership in eMoney, the company will remain independent.
February 2 -
A Morgan Stanley advisor left the firm to join HighTower.
February 2
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Large data pulls required in stepped-up SEC exam are not related to ongoing troubles at Girard parent RCS Capital or American Realty Capital, CEO says.
January 30 -
Latest setback for Schorsch's financial empire as accounting firm steps aside.
January 29
