Tag: Broker/Dealer

In an effort to attract higher-level advisers, Raymond James Financial Services’ Investment Advisors Division increased the minimum level of assets under management required for new affiliations with registered...

LPL Financial Corporation (LPL) has agreed to pay nearly $1.3 million in restitution to Montana investors in a Ponzi scheme run by an independent broker.

Rick Ketchum, chairman and CEO of the Financial Industry Regulatory Authority (FINRA), said the agency has formed a task force to examine how regulation can welcome new forms...

Now that his dispute with Bank of America (BofA) is behind him, Robert McCann will now step in as CEO of Wealth Management Americas at UBS.

After months of fighting with regulators, Bank of America (BofA) is turning over documents about its purchase of Merrill Lynch, according to news reports.

J.P. Morgan’s Depositary Receipts (DR) Group announced the launch of its Issuance & Cancellation (I&C) Lock, a solution allowing broker/dealer clients to purchase a contract that establishes a...

Financial advisers who custody with J.P. Morgan will now have access to a new managed account platform from FundQuest Incorporated.

Bank of America (BofA) said it is re-launching the Merrill Lynch brand with a new marketing campaign.

The Wiley Group ended a long relationship with Morgan Stanley Smith Barney to form a fully independent registered investment adviser.

Wirehouses can bring scale and product innovation to the retirement plan adviser—and pay the electricity bill for you, noted Ed O’Connor, managing director at UBS Financial Services.

At the PLANADVISER National Conference, a panel of big names in the independent advisory space discussed why independence might be a good choice for retirement plan advisers.

Bank of America (BofA) brought in Andrew Sieg to head its retirement group and appointed Keith Banks and John Theil to lead Private Wealth Management.

It’s often said that freedom comes with a price, and for some financial advisers, the price is worth it.

Federal securities regulators said they will take the opportunity of pre-trial fact-finding in their existing case against the Bank of America (BofA) to see if any additional charges...

TD AMERITRADE Institutional launched a transition tool for breakaway brokers.

John Hancock Retirement Plan Services has announced a distribution partnership with the financial services firm Edward Jones.

The Guardian Life Insurance Company of America said it was selected to provide retirement products through LPL Financial Corporation’s Retirement Plus Program.

U.S. District Judge Jed Rakoff rejected a settlement between the Securities and Exchange Commission (SEC) and Bank of America (BofA) over bonuses paid by Merrill Lynch, the Associated...

M Financial Group today added Ontario, Canada-based Caledonia Planning Group to its network of member firms.