With DOL fiduciary looming, Advisor Group reduces fees on its brokerage and advisory platform Move is among a series of changes the firm is making as it gets ready for new regulation Jan 10, 2017 @ 11:52 am | By Bruce Kelly | Investment News With the Department of Labor's new fiduciary rule for retirement accounts looming,…

Ameriprise will stick with IRA commissions under DOL fiduciary rule Oct 26, 2016 @ 1:31 pm | By Bruce Kelly | Investment News CEO says the commission model, which will require more compliance work on the company's part, serves both clients and advisers well In contrast to a couple of its most prominent competitors, Ameriprise Financial Inc.…

Commonwealth Financial eliminates commission-based retirement products in wake of DOL rule Oct 24, 2016 @ 6:37 pm | By InvestmentNews Staff | Investment News Commonwealth Financial Network late Monday said it would stop offering commission-based products in IRAs and qualified retirement plans, making it the latest BD to move more decidedly toward to an advisory platform…

Securities America acquires another broker-dealer Purchase of Wall Street Financial Group is the firm's ninth and second in as many months Sep 26, 2016 @ 9:36 am | By Bruce Kelly| Investment News For the second time in as many months, Securities America Inc. said it was acquiring the assets of another broker-dealer. Securities America,…

  Erica McGinnis stepping down as CEO of Advisor Group Aug 1, 2016 @ 9:12 am | By Christine Idzelis | Investment News The broker-dealer network is seeking a new chief executive as Valerie Brown temporarily fills the role Erica McGinnis is stepping down from her role as president and chief executive officer of Advisor…

    Securities America Announces Plans to Buy Foothill Securities August 2, 2016 | by Beth Glavosek | Blue Vault Securities America – one of the nation’s largest independent broker/dealers – has announced its plans to acquire Foothill Securities. Foothill Securities currently has 220 registered representatives and generated $39.8 million in total revenue with a…

    John Hancock swims against the tide, doubles down on independent broker-dealer business By picking up 883 Transamerica advisers and $25 billion in client assets, its Signator Investors B-D now has the scale to compete profitably in era of increased regulation and rising costs Jun 23, 2016 @ 12:14 pm | By Bruce Kelly | Investment…

"It's not a lot of fun to be a broker-dealer these days," says firm chairman John Burroughs May 10, 2016 @ 11:34 am | By Bruce Kelly | Investment News Foothill Securities Inc., an adviser-owned independent broker-dealer with 220 registered reps under its roof, is in “serious discussions” to be acquired by a larger firm, according to…

Investment firm exceeds equity raising goals in its first year of operations Feb. 17, 2016 | by Triloma ORLANDO, Fla. (Feb. 17, 2016) – Triloma Securities (“Triloma”) announced today the results of its syndication activity in 2015. The firm, which commenced broker-dealer operations on April 23, 2015, surpassed its equity raising goals for the year…