Independent BDs

CEO Dan Arnold described the firm's multipronged strategy for further growth.

“I can’t remember seeing so many $5 million to $10 million [advisors] in the pipeline,” CEO Paul Reilly said.

CEO Jim Cracchiolo says the firm is focused on “holistic advice rather than a free trade” after wealth management client assets reached a new high.

Industry trends and succession planning prompted the enterprise to leave Advisor Group’s FSC Securities, according to the partner-brothers of the Nettuno Group.

The RobustWealth and Wells Fargo acquisitions are boosting the firm’s technology and scale as firms of its type diverge on their approach to a changing industry.

The regulator’s expanding number of share-class cases fill in the details it says have been missing from Form ADV disclosures about conflicts of interest.

The cases allege unsuitable recommendations of LPs issued by affiliates of GPB Capital, which faces multiple investigations.

Carolyn Clancy, head of the BD segment, says its 200 client firms need more tools and capabilities in a new era of wealth management.

Joseph Mazzucco and at least two dozen other advisors affiliated with the No. 1 IBD in eight moves over a seven-week span.

Beyond eye-popping prices and assets changing hands, record M&A is altering the structure of the industry.

Billy Ricketts is most likely the elder stateswoman of wealth management — but she and her grandson believed it was time for something new.

Blucora’s Avantax Wealth Management combines two firms that took competing approaches to serving tax professionals branching into wealth management.

The IBD’s corporate RIA didn’t require about 350 banks to provide clients the terms of its arrangement.

Triad Hybrid Solutions has added 31 advisors and $1.3 billion in AUM since the beginning of last year.

CEO James Poer seeks a different approach from rivals under the IBD’s new ownership.

The breakaways join 72 others who moved their practices to the firm in the second quarter.

Atria Wealth Solutions firm Sorrento Pacific recruited a half dozen new advisors in the acquisition and succession-fueled move.

The employee and independent BD collected excess UIT commissions and failed to properly review inactive accounts, the regulator says.

Some advisory firms are rethinking whether absolute independence is still the best — and most cost-effective — option.

The No. 1 IBD will roll out the new option for advisors as it competes with other firms in its sector, platform providers and consolidators.