Tag: brokerage
LPL Financial Recruits $400 Million Team from Securities America
LPL Financial LLC, the nation’s independent broker-dealer, has added Nicklas Financial to its broker-dealer, corporate registered investment advisor and custodial platforms.
Nicklas Financial advisors serves...
LaSalle St. Recruits $600 Million Hybrid from Cambridge
LaSalle St., a group of independent wealth management firms, has added Stiles Financial Services Inc. to its broker-dealer platform. The Edina, Minnesota-based firm oversees...
LPL Financial to Buy $2 Billion Hybrid with 35 Advisors
LPL Financial LLC, the nation’s largest independent broker-dealer, has agreed to purchase the assets of E.K. Riley Investments LLC, a broker-dealer and registered investment...
LPL Financial Recruits Father/Son Duo from Morgan Stanley
LPL Financial LLC, the nation’s largest independent broker-dealer, has added father and son advisors Bruce and Duncan Kelm of the newly minted ArrowPoint Wealth...
Atria Wealth Solutions Buys Broker-Dealer with $11 Billion AUA
Atria Wealth Solutions Inc., a wealth management holding company, has closed the acquisition of Western International Securities Inc, an independent broker-dealer based in Pasadena,...
Advisor Group Hires Former United Capital Exec as Chief Financial Officer
Advisor Group, a network of independent wealth management firms, has hired Jon Frojen as chief financial officer.
In his new role, he will oversee the...
LPL Recruits $305 Million Team from Wells Fargo Advisors
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Brian Lynn, John Fessler and Jim Pacheco to its broker-dealer, corporate registered...
Woodbury Recruits Two Brokers in Succession Plan Merger Transaction
Woodbury Financial Services, a broker-dealer within the Advisor Group network, has recruited two independent financial advisors with combined client assets of $170 million.
The financial...
FINRA Fines Merrill Lynch for Allowing Unregistered Executive to Act as...
The Financial Industry Regulatory Authority has censured and fined Merrill Lynch $150,000 for purportedly allowing an executive with its non-FINRA member affiliate to function...
Wedbush Hires Compliance Veteran as SVP and Chief Compliance Officer
Wedbush Securities, an independent broker-dealer, has hired financial services veteran Michael McMaster as its senior vice president and chief compliance officer.
In his new role,...
