Advisor Business

MetLife Selling Tower Square Securities And Walnut Street Securities To Cetera Advisor Networks

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As the consolidation of the independent advisor business follwing the 2008 financial crisis continues to play out, Cetera Advisor Networks is acquiring Tower Square Securities and Walnut Street Securities from MetLife Inc.

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Dynasty Financial Partners Announces Another Deal With An RIA

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Dynasty Financial Partners today announced that Archford Capital Strategies becomes the most recent independent investment advisory firm to partner with Dynasty.

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Are Financial Advisors Who “Expose” Activities Of Bad Advisors Really Just Self-Interested Jerks?

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Financial advisor Allan Roth, on MoneyWatch.com, posted this morning about “how financial advisors lie to themselves.” But is he guilty of the very offense he accuses other advisors of committing?

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Independent Advisor Leads Investor Group Seeking To Purchase NHL's Troubled Phoenix Coyotes Franchise

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Darin Pastor, founder and CEO of Capstone Affluent Strategies, has formed an exploratory committee to try to acquire the financially troubled Phoenix Coyotes of the National Hockey League.

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Accenture Study Of Advisors Provides Unintentional Joke Of The Day; Shows Why Survey Stories About Advisors Are Usually A Joke

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Late night host Jimmy Kimmel irregularly features an unintentional joke of the day, and a press release by Accenture yesterday inspires citing this news item as one of those unintentional jokes. The Accenture study poignantly points out how incredibly wrongheaded advisors are in understanding aspects of social media and client relationships. But it then goes on to quote advisors as if surveying them provides useful insight.

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