Financial Advisor Blog - Page 9 - Financial Advisor Transitions

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Arc Private Wealth Joins Kestra Financial Following Recapitalization Eff...

December 9th, 2024

Arc Private Wealth, a $427 million firm, has left Edward Jones to affiliate with Kestra Private Wealth Services, a subsidiary of Kestra Financial.

B. Riley Financial Faces Continued Advisor Departures Amid Financial Tur...

December 6th, 2024

B. Riley Financial Inc. continues to experience advisor departures. InvestmentNews reports, for example, that HudsonPoint Capital, which manages $2...

Ages Financial Services Closes After $1.16 Million Arbitration Loss Over...

December 5th, 2024

Ages Financial Services Ltd., a Boston-area broker-dealer operating since 1984, shuttered its doors on November 18, following a $1.16 million arbit...

LPL Financial Shortens Recruiter Credit Period to Nine Months

December 4th, 2024

As reported by AdvisorHub, LPL Financial is tightening its timeline for outside recruiters to receive credit for referring candidates.

UBS Overhauls Advisor Compensation to Boost U.S. Profit Margins

December 3rd, 2024

UBS' 2025 compensation plan, unveiled to 6,000 advisors, includes changes that affect both team and individual payouts.

Retail Alternative Investment Fundraising Sees 2024 Projections Raised t...

December 2nd, 2024

According to WealthManagement, Robert A. Stanger & Co. has raised its forecast for 2024 alternative investment fundraising in the retail channel fr...

Schwab's RIA Custody Strategy Fuels Its Growth

November 27th, 2024

Charles Schwab's advisor services business has become a cornerstone of the firm's success, with nearly $10 trillion in assets split evenly between ...

Gary Gensler to Step Down as SEC Chair

November 26th, 2024

Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, will step down from his role, coinciding with the inauguration of President-...

LPL Financial Raises Bar for 2025 Advisor Bonuses

November 25th, 2024

LPL Financial recently announced changes to its production bonus targets for the first time in a decade.

Schwab Releases Investment Advisor Participation Fees in its Referral Pr...

November 22nd, 2024

Charles Schwab is reviewing adviser participation fees within the Schwab Advisor Network, a program that generates significant new business for man...

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Blog

Page 9 of 79

Bank of America Deepens Integration with Merrill as Wealth Clients Embra...

April 18th, 2025

Bank of America continues strengthening its integration with Merrill Lynch, its retail brokerage arm, as more clients adopt the parent bank's lendi...

NASAA Tightens Rules on Use of "Advisor" Title to Align with Reg BI

April 17th, 2025

The North American Securities Administrators Association (NASAA) has officially amended its model rule on dishonest or unethical business practices...

Edward Jones Seeks FDIC Approval to Launch Industrial Bank

April 16th, 2025

Edward D. Jones & Co.'s parent company, The Jones Financial Companies, has filed a new application to launch a Utah-chartered industrial bank, aimi...

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