CPI Qualified Plan Consultants Expands Into Upstate New York
Sean Zent has been hired as a retirement plan consultant, opening an office in Buffalo, New York, for CPI Qualified Plan Consultants Inc.
Tag: Broker/Dealer
Financial Telesis Teams With ABD Retirement Services
Financial Telesis Inc. expanded its advisory team with the addition of ABD Retirement Services, a division of ABD Insurance and Financial Services.
Symetra Expands Sales Team with Three East Coast Reps
David Cohen, Andrew Olig and Ken Terranova have been added to Symetra Financial Corp.’s registered investments sales team.
LPL Financial Adds Advantage Financial to Platform
The independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc., announced its affiliation with Advantage Financial Group (AFG).
AIG's SunAmerica to Acquire Woodbury Financial Services
SunAmerica Financial Group Inc. agreed to acquire Woodbury Financial Services Inc., a brokerage unit of The Hartford Financial Services Group Inc.
Mutual of Omaha Appoints Three to Leadership Positions
Mutual of Omaha’s Retirement Plans Division named Diane Kolvek and J. Michael Peddicord as regional sales directors, and Robert Nourse as national accounts channel manager.
Matrix Financial Solutions Enhances RetireTool(k)it
Matrix Financial Solutions updated its Matrix RetireTool(k)it.
NFP Announces Acquisition of Fusion Advisor Network
National Financial Partners Corp. (NFP), a provider of benefits, insurance and wealth management services, acquired Fusion Advisor Network, a practice management and consultant to advisers.
SEC Names Officer in Compliance Inspections and Examinations
The Securities and Exchange Commission (SEC) hired Paula Drake as an associate director in its Office of Compliance Inspections and Examinations (OCIE).
Advisers Shouldn’t Have to Support ‘Exorbitant’ FINRA Salaries: NAPFA
The SEC is better suited to oversee independent advisers, the National Association of Personal Financial Advisors argues.
Uzurp.com Opens Adviser, RIA Databases to Public
Uzurp.com opened its financial adviser and registered investment adviser (RIA) databases to the public, for the same annual subscription rate as businesses of $999 a year.
BNY Mellon Forms Global Collateral Services
BNY Mellon has created a unit to help clients manage collateral.
Raymond James Adds MSSB Team of Advisers
A team of advisers from Morgan Stanley Smith Barney (MSSB) left the brokerage to open their own firm with Raymond James Financial Inc.’s independent broker/dealer in Ohio.
Charges Written 'in the Stars' for Astrological Ponzi Schemer
Florida broker saw lunar effects on the stock market, but managed to miss the Securities and Exchange Commission (SEC) fraud charges coming his way.
Investor Communications Firm Unveils Mailbox for Advisers
Software app from Mediant Communications lets advisers monitor and view documents mailed to their clients to help them evaluate their importance.
Adviser Oversight Bill Is Critical
The bill is crucial to protect middle-class Americans who need the services of a financial adviser, the president of the Financial Services Institute (FSI) told Congress.
Tips for Preparing for 408(b)(2)
A webcast by The Spark Institute examined details of the Department of Labor’s (DoL) final 408(b)2) regulation.
Citi Releases White Paper About Meeting Fiduciary Standards
Citi released a white paper that details issues facing broker/dealers and registered investment advisers (RIAs) with delivering services to meet recommended changes to fiduciary requirements.
Matrix Financial Expands Mutual Fund Trading Platform
Matrix Financial Solutions is expanding its core mutual fund trading platform, offering advanced plan proposal and management features for financial advisers.
408(b)(2) Poses Concerns For B/Ds, Small-Plan Advisers
Some industry experts are concerned that covered service providers will misinterpret the Department of Labor’s (DoL) 408(b)(2) regulation guidance about using ranges to estimate indirect compensation.