In keeping with the firms’ previously announced strategy to cherrypick the best existing services at its broker/dealers and share them, Cetera Financial Group recently launched a rollout of a practice management and business development...

Cetera Financial Group has hired away AIG Advisor Group’s David Ballard to serve as its chief operating officer in a move that sets up the firm for future growth through scaled operations and additional acquisitions...

With a string of acquisitions behind it that has patched together a network of some 9,500 advisors across eleven broker/dealers, Cetera Financial Group is now starting to centralize and streamline several back office functions, including...

Are proprietary products an endangered species in the IBD world?  Or did they just morph into more complex platforms?

The former CEO of Royal Alliance came out of retirement on Friday to launch an independent, New Jersey-based firm that will act as a super-OSJ in partnership with First Allied Securities...

Mind the Gap

More often than not, personal likability and trustworthiness rate much higher than professional knowledge alone.

Despite efforts to draw more people into this industry, the ranks of financial advisors just got smaller. A recent report by Cerulli Associates found that the industry shrank 1.9 percent to 287,119 advisors in 2013. Asset levels, however, are on ...

With the recent troubles surrounding RCS Capital (RCAP) and its sister company American Realty Capital Properties, many advisors at RCAP broker/dealers are questioning the stability of their parent company. Just this week, RCAP Chairman Nicholas...