Tag: Broker/Dealer

Broker/dealers with less than $10 billion in assets account for a significant majority of overall industry volume but less than 10% of adviser-managed assets, according to data shared...

The LPL board has appointed Dan Arnold, current LPL president, to be president and CEO effective upon current CEO Mark Casady’s retirement. 

The new system is built to help adviser clients meet practice-management goals by offering a variety of monitoring capabilities.

As Baby Boomers push closer to retirement, they are facing a drastically different investing world than the one they grew up in—gaining access to radically different approaches to...

One early commentator tells PLANADVISER he expects the new DOL fiduciary rule will still be implemented, yet there is undoubtedly a new atmosphere of uncertainty with the presidential...

In light of the DOL fiduciary rule, the two firms plan to roll out a series of new compliance tools and initiatives including a Product Mix Transition Calculator...

Morgan Stanley says its wealth management clients working with advisers “will continue to have choice in how they pay for retirement accounts covered by the new Department of...

“The history of the ERISA industry has shown that any time there’s real change there is also real opportunity that comes along with it.”

The enforcement actions accuse two brokerage firms of “deceptive, dishonest, and unethical conduct.”

A new software solution from RiXtrema addresses DOL fiduciary rule compliance for advisers finding themselves on a new regulatory playing field when it comes to rollover recommendations. 

New software from fi360 provides broker/dealers and advisers with advanced fiduciary oversight capabilities. 

The company is keeping other aspects of its response to the rule under wraps for now, including operating and product modifications likely to be required on the institutional...

More than half of broker/dealers surveyed by the LIMRA Secure Retirement Institute believe some of their advisers will retire rather than sell under the new.

The interaction between advisers and home offices continues to change in light of the fiduciary rule and other pressures, opportunities.

Advisers have been in a “constant state of flux,” according to a quarterly Fidelity survey, but they are also “making sense of the range of short- and medium-term...

The SEC is bumping up staff for investment adviser examinations, but actions on a fiduciary rule and TDF disclosures are still pending.

The independent broker/dealer network is making a team of technology experts available to help advisers utilize new client service and practice management technology platforms.

Eighty-five percent of investment professionals expect budgets to increase.

 

Interviews with nearly 1,000 independent advisers who custody assets at Schwab show significant optimism about growth opportunities for registered investment advisers.