In the News

How to Judge if an FIA Fits a Client’s Portfolio

April 25, 2018 – Financial Planning
ATLANTIC CITY, N.J. — Clients and their financial advisors have grown increasingly interested in fixed index annuities as the products tie in new benefits while becoming simpler, but they’re still not always the right choice.
Advisors need to weigh the tradeoffs of FIAs, which can include fees, the costs …

Large Registered Investment Advisor (RIA) Joins FSI to Advocate for Independent Advisors

10/04/2016 Morristown, NJ – Private Advisor Group, LPL Financial’s largest enterprise and a $10.5B RIA, announced today that it has joined the Financial Services Institute (FSI) as a firm member.
“We are extremely passionate about staying on the forefront of the issues that impact independent financial advisors,” said Pat Sullivan, Managing Director and Chief Compliance Officer …

Expanding Growth and Demand for Independence Leads Private Advisor Group to Hire Industry Veteran to Head Business Development

MORRISTOWN, N.J., April 12, 2016 /PRNewswire/ — Private Advisor Group, LPL Financial’s largest enterprise and a $9.6B RIA, announced today that Charlie Latimer has joined the firm as Director of National Recruiting.
“We are delighted to add Charlie to our organization,” said John Hyland, Managing Director of Private Advisor Group. “His depth of experience recruiting financial …

The RIA-ification intrinsic to LPL’s preemptive DOL policy changes — yet how tightly to revenue sharing in IRAs it is hanging

Mar. 22, 2016 (RIABiz) — LPL’s super-clients like Private Advisor Group see a clear ‘advisory’ future but LPL is walking a more shrub-choked hybrid path.
LPL Financial is prepared to make a giant leap toward a more RIA-like future — but only if it can hopscotch to new ways to earn commissions along the way.
The Boston-based …