Tag: Broker/Dealers

Charles Schwab added 16 exchange-traded funds (ETFs) to the Schwab ETF OneSource platform, bringing the total number of ETFs available through the platform to 121.

Harmonization of rules for broker/dealers and RIAs could more than double compliance costs for independent RIAs in the first year of implementation—with little benefit to clients, a survey...

Fred Reish, a partner at Drinker Biddle & Reath, the Los Angeles law firm, has launched fredreish.com, a blog about retirement regulation and compliance.

Drew Brahos and Bruce Wetter joined Bank of the West's Investment Advisory and Management team in the Wealth Management Group.

SunAmerica Financial Group Inc. agreed to acquire Woodbury Financial Services Inc., a brokerage unit of The Hartford Financial Services Group Inc.

The Newport Group released a managed account service for advisers.

In her new role, Kate Healy is in charge of increasing the firm's awareness among 4,000 registered investment advisers (RIAs). 

MassMutual's Retirement Services Division promoted Niel Cabrera to sales director covering the Southeast region, effective July 1.  

PENSCO launched PENSCO SuccessorCustodian.

ING U.S. hired Rich Linton as president of Individual Markets.

J.P. Morgan Asset Management, with alliance partner FASCore, launched an offering to provide recordkeeping solutions to the small to midsize retirement plan market. 

Morningstar launched Annuity Intelligence, which evaluates variable annuities and gives data on more than 100,000 annuity subaccounts and 1,950 annuity contracts.

Cambridge Investment Research Inc. selected Fiduciary Benchmarks to meet ERISA’s 408(b)2 disclosure regulations, slated to go into effect July 1.  

National Financial Partners Corp. (NFP), a provider of benefits, insurance and wealth management services, said Friday it had begun implementing a management succession plan. 

Study finds high-net-worth investors confident in advisers, who are also "bullish" about market.  

Vestmark announced the introduction of comprehensive compliance solutions for fee-based accounts within its unified wealth management platform, VestmarkONE.  

The Advisor Solutions Group at Neuberger Berman LLC added 11 senior regional directors in 10 new regions as it looks to expand its mutual funds business among wirehouses...

After the Financial Industry Regulatory Authority (FINRA) ordered Merrill Lynch to pay $10.2 million in deferred compensation and punitive damages to two former brokers in Florida, the brokerage...

CAPTRUST has added four retirement industry veterans to its team of advisers and opened an office in Kansas City.

The Principal Financial Group has entered a retirement plan sales alliance relationship with Edward Jones.