Advisors will see a 45% lower transaction charge for some funds.

The practices, with a combined $245 million in client assets, chose to join Securities America rather than transition to Woodbury following a recruiting deal with their b/d’s parent company.

At a time when smaller broker/dealers are closing down, IFP is on a reverse course, registering its own brokerage with only a couple hundred advisors so far. But the economics are beginning to make more sense, and the move represents a viable...

The firm has recruited about 200 of the 460 producing advisors it started with when the process began a year ago, promising equity ownership, reduced administrative fees and a tech stack built from scratch.

LPL Financial is buying Florida-based Allen & Company, a broker/dealer and RIA with 30 advisors and $3 billion in assets under management.

Peter Heilbron of Trace Wealth Advisors said he was drawn to LPL's technology and new fee-only option.

The firm’s new account opening system, out this summer, will reduce the number of fields clients have to fill out by 25 to 35 percent, making transitions speedier.

HighTower has snagged Private Advisor Group’s Abby Salameh as its new chief marketing officer, among other folks.

The three teams have a combined $250 million in client assets, the firm announced at its W Forum conference this week.

The independent broker/dealer announced the change—along with several other upcoming improvements for advisors—during an earnings call.