LPL Financial has acquired a minority stake in Private Advisor Group, as the independent-broker dealer expands its grip on assets from independent advisors. Private Advisor Group, which manages over ...

Over the last three years, the independent broker-dealer channel has seen the most consolidation in the wealth management industry. That's allowed the largest firms to control a significant amount of ...

The hybrid hype is growing. Independent broker-dealers have lately been ramping up their efforts to attract hybrid advisors, launching new recruiting efforts and rolling out integrated commission and ...

As LPL Financial's purchase of Commonwealth Financial Network nears, a steady trickle of advisors are leaving to set up shop elsewhere. Processing Content The moves so far — including an advisor ...

Equitable has agreed to buy Stifel Independent Advisors, the independent broker-dealer unit of Stifel Financial, which has more than 110 independent advisors managing approximately $9 billion in ...