Updated Thursday, July 24, 2014 as of 4:02 PM ET
Raymond James Financial's Profits Balloon 46%
NASHVILLE, Tenn. Raymond James Financial's profits soared 46% on the back of strong growth from the firm's private client group.
The regional broker-dealer's profits hit a record $122.7 million for the third quarter, up from $83 million for the same period a year ago. Diluted earnings-per-share for the quarter rose to 85 cents from 59 cents.   more »
More in Independent BDs
Optimism abounds in an increasingly crowded market for servicing breakaway advisors. more »
Securities America will acquire assets of a Missouri-based full-service broker-dealer with 368 advisors and $2.4 billion in client assets. more »
Two financial advisors have left Wells Fargo to join Raymond James Financial Services, the regional's independent broker/dealer. more »
Despite their smaller size, these boutique IBDs outperform on several desirable metrics. more »
Founders of IHT Management hope to create a wirehouse-like alternative to lure other advisors. more »
Many independent advisors say they consider themselves fiduciaries, even if they aren’t legally obligated to adhere to that standard of care. So why are so many opposed to the DoL's expected proposal? more »
Dalton Strategic Investment Services, a smaller broker-dealer firm with almost $1 billion in client assets, has joined Securities America as a super-OSJ. more »
With the acquisition of broker-dealer McAdams Wright Ragen complete, Baird has grown to more than 800 advisors and $125 billion in assets. more »
Opponents argue that the long time horizon and heated controversy could convince the White House to back away from the retirement plan proposal. more »
Here are the smartest tips and tricks we’ve heard recently. more »
For clients, is one type of firm, business model or fee structure better than another? more »
Clarity in strategic vision and compensation boosts advisor satisfaction, according to a new J.D. Power & Associates study. more »
Lebenthal & Co. said it will exit the municipal public finance underwriting and institutional sales business and shift those resources to its wealth management division. more »
2014 Summer Reading List for Advisors

Current Issue

The June Issue is now online!


Industry Events

August 10, 2014 |

September 9, 2014 |

September 17, 2014 |

September 20, 2014 |

September 28, 2014 |

Already a subscriber? Log in here