Tag: Broker/Dealers

Study finds high-net-worth investors confident in advisers, who are also "bullish" about market.  

Vestmark announced the introduction of comprehensive compliance solutions for fee-based accounts within its unified wealth management platform, VestmarkONE.  

The Advisor Solutions Group at Neuberger Berman LLC added 11 senior regional directors in 10 new regions as it looks to expand its mutual funds business among wirehouses...

After the Financial Industry Regulatory Authority (FINRA) ordered Merrill Lynch to pay $10.2 million in deferred compensation and punitive damages to two former brokers in Florida, the brokerage...

CAPTRUST has added four retirement industry veterans to its team of advisers and opened an office in Kansas City.

The Principal Financial Group has entered a retirement plan sales alliance relationship with Edward Jones.

Raymond James has formed a partnership with Actiance to provide its financial advisers access to social media tools including LinkedIn, Facebook, and Twitter. 

 Dan Dubois and Darin Wassmann have joined the Retirement Benefits Group (RBG).  

Summit Financial, led by founder and managing partner Joseph Bonasera, is joining the Commonwealth Financial Network.

Retirement Plan Advisory Group (RPAG), a retirement plan practice management firm, has developed training videos for its adviser members.    

John Hancock Financial Network (JHFN) is planning to launch a retirement income program for its advisers, called Retirement Ready.

In an internal memo released today, Andy Seig announced the reorganization of the Global Investment Solutions (GIS) and Retirement Services (RS) teams to form Global Wealth & Retirement...

HighTower, a national financial services company serving high-net-worth and institutional clients, has added The Leventhal Group, based in Bethesda, Maryland, to its network.  

UBS, the largest Swiss bank, announced plans this week to cut about 3,500 jobs, or 5.3% of its workforce. 

Recent market volatility will be a major test of broker/dealers’ home office-driven model portfolios, according to an upcoming report from consultant kasina.

LPL Financial has released an enhanced proprietary version of SearchPro, a Web-based qualified plan provider search and benchmarking tool.

CAPTRUST Financial Advisors today announced the opening of its newest regional office located inside greater Minneapolis-St. Paul.  

Cerulli's latest research indicates that advisers anticipate increasing their discretionary business to account for 71% of their assets by 2013.

Commonwealth Financial Network developed the Commonwealth Model Management platform to help advisers with systematic managing and rebalancing of client portfolios. 

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.