Diana Britton is the Managing Editor of WealthManagement.com, covering asset management and independent broker/dealers from all angles. A native of Los Angeles, she now lives in Queens, N.Y.
When LPL Financial, a self-clearing independent broker/dealer, rolled Pacific Life's broker/dealers onto its self-clearing platform in 2009, many advisors protested. But for Jennifer Tanck, president of...
Independent broker-dealer WFP Securities went out of business fighting claims they put clients into risky private placements and non-traded REITS. Yesterday, they got a bit back.
While retail investors are exiting equity mutual funds like no other, dividend-focused mutual funds are actually reaping the benefits of investors’ search for yield.
RIA custodians like Schwab and TD Ameritrade may be stealing business away from the IBDs. According to a report by Cerulli Associates, 76 percent of dually-registered advisors' assets were held as fee assets under...
National Planning Corporation has expanded its recruiting team with the addition of Scott Montgomery and Keith Mistretta as vice presidents of new business development. Montgomery joins from FirstPoint Partners, a...
While job growth is improving and the markets are rallying, BlackRock CEO Larry Fink said there’s still a gnawing sense of unease among CEOs and investors.