Updated Saturday, October 25, 2014 as of 7:17 AM ET
Wunderlich Reversal: Won't Hire 'Discharged' LPL Broker
Ex-LPL advisor Jeb Bashaw's new job falls through; trial lawyer says problems stemmed from private placement sales.
More in Independent BDs
Former insurance company advisor's 30 victims included friends he had grown up with, according to prosecutors. more »
How do the services you offer compare to what clients of advisors across the industry are receiving? A new study of 4,000 advisors by Cerulli Associates tracks the planning services clients receive across all advisor channels. more »
Looking at the range of services received by clients in all advisory channels, traditional wirehouses take the lead in catering to high-end client needs, according to research from Cerulli Associates. more »
Agency secures $4 billion in penalties; expert says: “make sure that you have a robust and dynamic compliance program.” more »
Around 80% of KMS' advisors, who are about equally divided between fee and commission-based business models, are based in Washington, Oregon and Idaho. more »
In tapping a discharged LPL broker, broker-dealer Wunderlich Securities could face 'reputational risk' and legal headaches, observers say. more »
Female advisors from Raymond James' Private Client Group got a mix of planning tips, technology tricks, strategic advice and female empowerment. more »
Two wirehouse advisor teams, each managing $400 million in AUM, went independent. But wirehouse and regional broker-dealers did not remain idle: Morgan Stanley recruited advisors managing over $600 million in assets, while Raymond James grabbed a million-dollar producer from Merrill Lynch. more »
An advisor team with $400 million in client assets has left Wells Fargo to go independent with the help of Dynasty Financial Partners. more »
FINRA has issued a long-awaited regulatory notice outlining the proposal for a controversial data-sharing system known as CARDS, asking for comments from the industry and other stakeholders. more »
At an advisor summit, the industry group urges members to reach out individually to lawmakers to fight regulatory plans. more »
The SEC has initiated an administrative proceeding against an advisor who allegedly misappropriated around $2 million of investors' funds in a scheme dating to 2008. more »
Female executives from U.S. Trust and Goldman Sachs join New York-based Dynasty Financial Partners. more »
The October Issue is now online!


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