Bigger registered investment advisors are playing in the M&A game, according to Schwab Advisor Services. The custodian, serving nearly 7,000 RIAs, reports today there were 27 acquisitions in the first half of 2011, representing $20.8 billion...
Will the chasm between the retirement planning needs of middle-income Americans and the financial advisor industry ever be narrowed? A new report released today by the Insured Retirement Institute doesn’t hold out much hope. ...
Michael Watson (right) is taking his practice management program development skills from TD Ameritrade Institutional to LPL Financial, the nation’s largest independent broker/dealer, LPL said this morning...
HighTower Advisors, the national RIA based in Chicago, continues to poach from the wirehouses. It said today that it has recruited Paul A. Pagnato and David W. Karp in Washington, D.C., formerly of Merrill Lynch's Private Banking and Investment...
A team of former LPL Financial recruiters has launched a consultancy aimed at helping big-producing advisors and teams from the wirehouses to go independent. ...
People who use health savings accounts (HSA) have larger-than-average amounts in their 401(k) plans, Fidelity Investments says. ...
Fidelity Investments says it has renamed its Institutional Services unit and appointed Scott E. Couto (right) as president, succeeding Peter Cieszko, who left the company at the end of January. ...
