Tag: Broker/Dealer

Assets grew 19.1% in 2011 for advisers registered both as registered investment advisers (RIAs) and as brokers, Cerulli found.

BCG Securities Inc. (BCGS), a broker/dealer and advisory firm, unveiled an adviser recruitment video.

Independent Wealth Advisors Group and TBCI have merged into a registered investment advisory with total assets under management of more than $100 million.

National Financial Partners Corp. said it would begin providing resources for advisers to gain certification from the Centre for Fiduciary Excellence (CEFEX).

Among the primary reasons advisers join existing registered investment adviser (RIA) firms are freedom and the potential for greater income.

Asset management firms with more than $1 billion in assets are driving registered investment adviser (RIA) channel growth.

Broker/dealers in the LPL Financial LLC network will pay an extra $250 annually in fees for errors and omissions (E&O) insurance.

The Securities and Exchange Commission filed 147 enforcement actions against investment advisers and investment companies, one more than the previous year’s record number.

PrimeVest Financial Services and Regions Bank announced their agreement for PrimeVest to provide advisory services at Regions bank branches.

Advisor Group expanded its relationship with National Financial, a unit of Fidelity Investments and a provider of clearing and custody services to broker/dealers.

The economics of financial advisory distribution face numerous challenges, but pockets of opportunity remain, a survey found.

Level Four Group, an independent adviser group, has affiliated with the LPL Financial broker/dealer and hybrid registered investment advisory (RIA) platforms. 

The Guardian Insurance & Annuity Co. Inc. launched a tool to help advisers assist their clients with service provider needs.

The Financial Industry Regulatory Authority (FINRA) fined Merrill Lynch, Pierce, Fenner & Smith Inc. $500,000 for failing to file hundreds of required reports.

The independent producer Delaware Valley Financial Group (DVFG) was added to the broker/dealer and registered independent adviser platform of LPL Financial LLC.

Andrew J. Bowden has been named deputy director of the Securities and Exchange Commission (SEC)’s Office of Compliance Inspections and Examinations (OCIE).

Do you really know how your broker/dealer makes money? If not, it’s time to learn before a Department of Labor (DOL) investigator knocks on your door.

True Private Wealth Advisors LLC in Salem, Oregon, was formed by partners Brett Davis and Steve Altman, and partners Todd Gescher and Jason Herber.

Sean Zent has been hired as a retirement plan consultant, opening an office in Buffalo, New York, for CPI Qualified Plan Consultants Inc.