Boutique firm has recruited eight financial advisers in the past two months, including four from Merrill Lynch.
Separately managed account invests in stocks of companies that use the distributed ledger system.
Flood Financial Services switches broker-dealer and RIA platforms.
Developed by Entreda, the platform will ensure every computer and mobile device is secure when accessing client data.
The move is intended to cut compliance costs for firms as well as make the registration and disclosure process more efficient.
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
CEO Daniel Bryant: 'It's a logical next step for us. This has always been our intention, regardless of what IFP is doing.'
Complaint alleges the firm's policies limit African-Americans' 'income and advancement opportunities'
Utah moves to charge Cetera, LPL and CUSO over failing to represent credit union relationships correctly.
With revenue up, interest rates rising and regulation easing, IBDs are soaring.
Data include a breakdown of fee, commission revenue.
We sifted through the nearly 1,000-page proposal and picked out some of the most important points.
75-year-old owner Arthur Grant positions the IBD for the 'next 33 years.'
Ingham Retirement Group, which works primarily with employer-sponsored plans, left because the firm's brokerage business had been declining.
Regional brokerage Benjamin F. Edwards is still in its 'first inning' of growth.
Ruckus over recruiting agreement has even wirehouse lifers wondering if it's time.
Those in a private LinkedIn chat room were sounding off about fears the independent broker-dealer will require a move to ClientWorks before it is fully ready.
Webster Bank will use a hybrid digital adviser to grow beyond the Northeast.
Ameriprise, AXA Advisors, Edward Jones, LPL, Morgan Stanley, RBC, Wells Fargo and UBS call on organization to stand down until SEC proposes its own rule later this year.
Independent broker-dealers have narrowed the gap between themselves and the wirehouses and are able to attract more quality brokers from the Big Four.
