by Edward K. Riley
Why affiliating with a broker-dealer makes sense for some advisors who want to go independent.
National Financial Offers FDIC Coverage
National Financial is launching a new program that enables retail broker-dealers to deposit cash from their customers' eligible...
Financial Services Overhaul Getting Closer
December should be a busy month for those involved with overhauling the U.S. financial services industry...
The team structure is nothing new to Wall Street brokerages. Nor is the
idea that it can make it harder for restless advisors to break away,
and take clients with them.
by Joel P. Bruckenstein
PaperPort Professional 12 has been redesigned from the bottom up to make it more user friendly.
by David J. Drucker
How do bad economies affect new client flow? Veteran advisors share their experiences.
by Andrew Gluck
Challengers to the established leaders offer some interesting options for advisors.
Corporate compliance officers have been rolling their eyes at the
unfolding story of Terra Nova Financial LLC, the Chicago broker-dealer
fined $400,000 for making improper soft dollar payments.
Securities regulators are on the lookout for conflicts of interest that
may arise from the large recruiting packages some broker-dealers offer
the financial advisors they're wooing.
Educating brokers about the independentfinancial advisor model may be the key to growth for custodians, who safeguardclient assets for independent advisors.
by
Jeff Schlegel
Fidelity Investments says it has broadened its transition program for
breakaway brokers with a tool designed to help wirehouse brokers gauge
the financial impact of going independent.
by
Jeff Schlegel
An amendment to a broad U.S. House bill aimed at financial services
reform could ratchet up the audit costs for small independent
broker-dealers, says an industry trade group.
The big Wall Street brokerages may have little to
fear from the much-reported move to independence by a growing number of
financial advisors, says a new study.
by
Jeff Schlegel
National Planning Corp. on Monday said it has taken over the broker-dealer operations of Main Street Securities and added its 65 registered reps and more than $750 million in assets to the fold.
A Washington, D.C., nonprofit group wants to know why Wall Street
bankers are getting vaccines against the new H1N1 flu strain when many
Americans are being told to wait.
by
Dorothy Hinchcliff
ING is selling three-quarters of ING Advisors Network to Lightyear Capital LLC, a
private-equity firm run by Donald B. Marron, the former chief of PaineWebber.
by Raymond Fazzi
Fridays on Wall Street not only signal the end of the workweek. For many breakaway brokers, the day marks the end of their wirehouse careers.
by Joel P. Bruckenstein
SunGard's platform offers more for broker-dealers than ever before, and what it offers independents continues to grow.
by
Dorothy Hinchcliff
Morgan Stanley Smith Barney plans to move all of its reps to
the MoneyGuidePro financial planning application, according to industry sources.
