Independent BDs

Payouts from advisory firms have reached nearly $80 million as the regulator targets excess fees.

Regulations can take a long time to reverse.

The regional broker-dealer adds another team to its roster while wirehouses continue to scale back on recruiting.

The IBD aims to be a 17,000-strong firm, but not every advisor will want to join up, experts warn.

The nation’s largest broker-dealer must convince thousands of NPH advisors to make the transition.

The firms had the same parent, but Girard Securities’ CEO says the move will help its 200 advisors.

The nation’s largest IBD paid $325 million, but it may spend as much as $508 million in the deal.

Quietly, Invesco's robo advisor has scored IBD and brokerage clients.

Securities America adds 10 advisors in the second recent poach by a Ladenburg Thalmann firm.

The company spent $77 million on technology last year, but difficult changes lie ahead.

The Northeast prevails, but there's a surprise in the rankings revealed by this interactive infographic.

In addition to redesigning its business lines, the $48 billion firm is considering a robo, the president of its broker-dealer said.

The independent advisor will retain branding rights and full autonomy.

The country’s sixth-largest IBD is shifting its management ranks in a change prompted by the fiduciary rule.

The nation’s largest independent broker-dealer has had a net loss of 121 advisors this year, mostly to three major OSJs.

The advisors come from a firm reported to manage over $5 billion in assets.

A new industry snapshot highlights record firm count and AUM, while continuing steep client growth fueled in considerable part by the rise of robos.

The IBD spent $77 million on technology upgrades in 2016.

The nation's biggest IBD believes macro trends are ideal to boost recruiting, says LPL managing director Bill Morrissey.

The firm is trying to show advisors how they can use LPL’s resources to “get more at-bats” with prospective clients, an executive said.