Tag: Broker/Dealer

A recently released study from Pulse Logic set out to explain why independent registered investment advisers (RIAs) have more assets under management than broker/dealer affiliated advisers.  

Russell Investments has promoted John Harrell and Paul Izzo to serve in the newly created positions of National Account Executive in the U.S. bank channel for its adviser-sold...

Advisers are looking for an increased level of support from their broker/dealers, says a survey from John Hancock Financial Network (JHFN).

John Hancock Financial Network (JHFN) is introducing a defined contribution consulting program that provides advisers working with retirement plans training, practice management consulting, sales support, and expert resources.

Pershing LLC, a BNY Mellon company, has added more than 20 providers to its ValueAlliance program.

A judge this week dismissed a case alleging that because brokers are being paid for investment advice by 12(b)-1 fees, they should also be registered as investment advisers. 

Roberta Eckert and Michael Agan are the newest Wealth Management Consultants on the Fee-Based Distribution team for Allianz Life.  

Commonwealth Financial Network has made several upgrades to its Web-based client management tool, Client360. 

Seventy-five percent of U.S. broker/dealer (B/D) and independent registered investment advisory (RIA) firms are planning to hire in the next 12 months. 

Cathy Bolz is joining Bank of America Merrill Lynch's Institutional Client Relationships leadership team as an Executive Client Relationship Manager.

David Reich has been appointed executive vice president of retirement platform development for LPL Financial.  

Russell Investments appointed Laurie Marchel, director, wirehouse channel distribution, for its U.S. adviser-sold business. 

A former Merrill Lynch branch manager has accused the firm of discriminating against him for being a member of the Church of Jesus Christ of Latter-Day Saints.

Bank of America announced John Thiel will be replacing Lyle LaMothe as head of Merrill Lynch U.S. Wealth Management. 

Strategic Insight, an Asset International company, has released a report analyzing how exchange-traded funds (ETFs) are being adopted by advisers.  

Wirehouses are changing the way they work with investors, advisers, and asset managers in an effort to win back some of the market share they’ve lost to regional...

Nearly 70% of advisers expect the independent model to offer more earnings potential than any other business model over the next 18 months, a Fidelity Investments survey found.

Bank of America Merrill Lynch’s Advisor Alliance program now has partnerships with 12 recordkeeping partners.

A bias lawsuit by black financial advisers accusing Merrill Lynch of discrimination has been thrown out.

BCG Securities, Inc., a full-service broker/dealer and advisory firm, announced Joseph Englert is its new Director of Operations.