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Serving as an RCS Capital director proved too great a distraction from Larry Roth's role as Cetera CEO, a regional Cetera leader says.
Historically private on recruiting specifics, LPL hopes to attract new advisors by publishing names of advisors who've just joined.
Marzano Capital Group joins LPL-affiliated recruiting firm Independent Advisor Alliance.
The government aims to reduce the "magnitude of the injury" to clients from conflicted advice, Timothy Hauser, the official who chaired the hearings on Capitol Hill, tells Financial Planning.
A "cautionary" note on the third day of hearings after DoL officials quiz industry attorney in the slippery task of trying to ascertain details of common commission sales.
Critics: DoL fiduciary rule would harm investors; Advocates: Americans' "retirement savings are being depleted by conflicts of interest every day."
The five-advisor team gives the roll-up its first offices in South Carolina.
After "deep consideration" and despite legal obstacles, Kimberly and Jeff Camarda say they still want to right "grave wrongs."
A year after they teamed up with the goal of building a $1 billion firm, the two best-selling authors split; "That is how life goes sometimes," Edelman says.
Michael Shaw, who left the board amid turmoil over its disciplinary process, could end up working for former investigatory targets with new consulting gig.
"This disturbs me to the core," Sheryl Garrett says after FINRA election; new FINRA leader says his views were distorted.
After 17 years with LPL, planner says the large B-D's service dropped off.
As long as a nonprofit group stays "on the right side of the line -- even though either you or I would say what they are doing is wrong -- it's still protected by 'judgment,'" or a right to broad discretion in decision-making.
Comparing its authority to that of sororities, country clubs and other trade organizations, the CFP Board convinced a federal judge to throw out planners' fee only lawsuit.
The advisor agreed to a lifetime bar from the industry after a hacker who impersonated a client persuaded him to illegally transfer $160,000 of client funds.
With the addition of the new recruits, Faubourg Private Wealth Advisors now has seven former J.P. Morgan advisors.
Regulators have cracked down on LPL advisors in Massachusetts for using terms like "Retirement Specialist" and "Retirement Income Planning Specialist" -- while its planners use them elsewhere.
Aggregator adds myCIO to its four previous investments Veritable, Clarfeld Financial, Baker Street Advisors and Welch & Forbes.
LPL aims to serve retirement plan assets of large RIAs, some of its strongest competitors in non-retirement plan advisory work.
The Camardas' suit was prompted by board’s disciplinary policies; experts call on judge to reveal his reasoning for the good of the planning profession.