Michael Murray now reports directly to Cetera President Adam Antoniades, emphasizing the priority the firm has placed on recruiting, which faltered in 2018.
The New Hampshire-based financial services firm moves to the independent broker/dealer from O.N. Equity Sales Company.
LPL's shareholders will vote at the coming annual meeting whether to add Corey Thomas, the chairman and CEO of Rapid7, to the company's board.
A Dallas-based advisor files a class-action lawsuit against Ohio National Life Insurance for cutting trailing commissions on some annuity contracts, the first one representing all advisors. It may not be the last.
A year ago, about 40 independent advisory firms and broker/dealers were using the platform. Now, more than 100 have signed on.
Co-founded by Michael Kitces and Alan Moore, AdvicePay has picked up six more enterprise clients since its January launch.
At a hearing on Wednesday, Maryland-based advisors told personal stories of how the state’s fiduciary bill would adversely impact their practices and their clients.
The regulator’s initiative will result in more than $125 million being returned to harmed investors.
The recruiting wars continue, with Cetera recruiting over a Chicago-based team with $640 million in assets.
