Savant Capital Management and The Monitor Group say combining forces gives them a more holistic level of expertise and a retirement route for their advisors – more importantly, they aren’t giving up equity to aggregators....
Expecting more cumbersome regulations and greater scrutiny of the industry, the head of a small Florida broker/dealer left its affiliation with a community bank in favor of starting an independent hybrid RIA – and took half his staff with him....
The number of breakaway brokers joining TD Ameritrade in its fiscal second quarter continued at the double-digit pace set in 2011, the company said today. ...
A startup wants to unite the universe of disconnected RIAs into a national recognized brand of networked firms, with standards, marketing muscle and economies of scale. ...
Last year global asset manager Affiliated Managers Group Inc. launched a new subsidiary with the aim of acquiring equity in boutique investment management firms. ...
Financial advisors and RIAs may have more handholding to do with clients. The glum outlook for American retirement appeared little improved with the release this week of two separate reports that showed continued worker skepticism about their prospects....
I'm leaving you. I'm leaving you for someone else. It's over. It's been great, really. You've given me so much space, so much freedom. Most people don't...
As independent broker/dealers continue to consolidate and the search for profitability accelerates, some firms may be considering dropping their clearing relationship and taking it in-house. Building scale comes first. Could your firm be next?...
In a year that saw roller-coaster market moves, the nation's top custodians seemed to do all right in their efforts to lure new assets and advisors to...
Raymond James Financial said it is moving its registered investment advisor unit out of Raymond James Financial Services, its IBD division, and setting it up as a separate division with its own president. ...
Registered Rep. is the most trusted digital and print source for the retail investment professional, serving brokers, financial advisors, RIA’s, IBD’s, insurance, financial planners, and financial product companies with award-winning insight coverage of the brokerage, wealth management, fund and financial product industry as well as breaking news, data, rankings, and profiles.
Subscribe today to get the news you need and information you want from our e-newsletters. To preview the current issue click on the newsletter below. Subscribe Today!
By Jerry Gleeson
