A former middle school and high school English teacher, Bruce Kelly started at InvestmentNews in 2000 as the brokerage reporter after a two-year stint at sister publication Pensions & Investments. He writes a bi-weekly, award winning column, On Advice, and covers the independent broker-dealer industry.
"Will there be more RIAs for sale than there are buyers at the trough?" Jamie Price asks.
After some weakness in January, LPL expects recruiting to pick up this month and next.
'Bill Dwyer is a terrific senior executive and leader, and I can’t wait to see what he does here,' says another executive.
Non-traded real estate investment trusts face a well-documented set of challenges, including sharply rising interest rates and headlines about half-empty office buildings.
Many broker-dealers still have plenty of work to do regarding new product.
'I worked my whole life trying to save for now, and I can't retire,' says Galia Meiri, one of the advisor's clients.
'The biggest change in the competitive landscape has been RIA roll-ups that pay prices that we can't quite figure out,' Paul Reilly says.
Since 2014, the firm's global wealth management revenue has grown by 150 percent.
The SEC alleged that Texas broker Doug McKelvey misappropriated more than $1.7 million.
'We reject the premise that any part of our app, past or present, is 'gamified,'' a Robinhood spokesperson notes.
