Independent BDs

The No. 1 IBD’s efforts display opportunity amid the shortcomings of an industry still lacking measurable data from some of its largest firms.

The tax-focused IBD’s custodial and platform transition is taking longer than the company or its advisors expected.

It's the first regulatory ding for the influential advisor and entrepreneur in almost 15 years.

The No. 1 IBD plans to offer training and education and team up with reps on outreach to officials.

Clients have received a combined $3.7 million in settlements involving two barred former reps of the IBD set to be acquired by Atria Wealth Solutions.

The No. 1 IBD is reaping the benefits of learning the lesson that it “can never move away from the advisor,” according to its head of business development.

With competition heating up, the IBD is offering advisors better technology and higher pay.

Securities Service Network is pitching advisors on its tax offerings, access to management and parent-firm resources.

The firm cut its headcount by 22% while boosting productivity by 48% in 2018, and it plans to roll out a new desktop platform for its 1,060 representatives.

The past year brought major changes to the IBD network, including the sale of its majority stake and a structural reorganization.

Firms who resist or fail to understand advisors’ needs will lose the game, according to a panel of executives.

State regulators and state legislature are stepping in to propose initiatives to protect consumers against salespeople wrapped in fiduciary clothing.

Under the deal, private equity-backed Wealth Enhancement Group would make its 10th acquisition in the past five years.

CEO Dan Arnold pledged new tech-enhanced support for advisors as part of a larger cultural transformation.

A new FINRA initiative to root out breaches of supervisory rules on 529 plans provoked criticism from the IBD advocacy group.

The firm suffered from market volatility in the fourth quarter.

Digital tools will not only allow advisors to serve more clients, they can help advisors charge for services with greater accuracy.

In an unusually frank discussion, women executives from five major firms urged the industry to get involved in educating young people about wealth management.

The network’s largest subsidiary will support fee-only advisors, and one of its smaller firms is targeting five times its level of recruitment from 2018.

Monthly charges are the area in which there’s the most variation amongst broker-dealers, writes recruiter Mark Elzweig.