Independent BDs

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.

The private equity-backed IBD and its breakaway channel added teams managing $380 million in client assets.

The No. 1 IBD’s Focus conference drew 4,000 advisors, but it faces friction ahead in its ongoing expansion.

The new recruits include a father-and-son duo in Orlando.

The independent broker-dealer has launched subsidiary Bluespring Wealth Partners, which promptly snapped up two practices with $550 million in client assets.

Sounds simple in theory, but when it comes to naming an RIA there are plenty of options to consider.

The IBD trade group launched a public campaign after more than 80 cases this year alleging inadequate disclosure of mutual fund fees and compensation.

The firm’s director of technology and client engagement discusses chatbots, predictive analytic tools and what else is up next for advisors.