Independent BDs

The Dallas-based hybrid RIA has more than 100 reps, and, if they follow the chief’s exit, it would be the the No. 1 IBD’s largest loss since 2019.

The case against Centaurus Financial comes after the industry and consumer advocates decried the previous administration’s approach for different reasons.

The PE-backed hybrid RIA is acquiring a practice with nine financial advisors managing $1.46 billion in client assets.

Concurrent is catering to breakaway teams assessing their options after back-office frustrations during the coronavirus, co-founder Mike Hlavek says.

With technology upgrades and the hiring of former TD Ameritrade recruiters, the No. 1 IBD eyes further expansion in the RIA channel.

The Financial Services Institute blasts the move and won't rule out legal action to reinstate the more favorable Trump-era regulation.

The tax-focused wealth manager’s parent disclosed lower first-quarter earnings after an eventful period marked by a proxy fight and a reported acquisition offer.

The enterprise could reach more than 50 registered representatives in the next couple of months, depending on how many of them leave MassMutual.

The nation’s largest independent broker-dealer will onboard a substantially higher share of assets and advisors than after its last comparable deal in 2017.

More growth is on the way: the No. 1 IBD has one more massive recruiting move and a $300M acquisition to complete.

The litigation reveals how wealth managers’ deals with product sponsors work and how one with a former Voya unit went awry.

The firm’s recruiting is also gaining steam, despite the ongoing impact to its bottom line from low interest rates.

The 20-advisor team left Advisor Group’s Securities America for the private equity-backed holding company’s independent subsidiary, Cadaret Grant.

As the firm repelled a rare activist challenge, a potential private equity buyer has approached it, according to a news report.

Peggy Ho built the rival firm’s government relations team, and she’s joining the new firm at a pivotal time in wealth management regulation.

After appointing the committee and starting a new conference series, co-chairs Fanci Worthington and Stephen Oliver are asking all advisors to get involved.

From compliance to technology and succession, advisors may be under the wrong impressions about launching their own firms.

Advisor Kip Adams says access to the IBD’s trading platform and tools have “already improved how we open new accounts and manage our business.”

Financial advisor Jacqueline Campbel led a diversity program at her old firm and has ambitious expansion goals for her new one after 25 years in the industry.

The quartet of advisors picked the nation’s largest IBD out of the increasing number of suitors available to ex-employee practices.