IBDs

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  Prospera Adds Cottonwood Capital Advisors

  By Danielle Andrus, AdvisorOne  |  April 11, 2013

  Prospera Financial Services announced on Thursday that it was adding Cottonwood Capital Advisors, and with it, $121 million in assets under management.

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  Pershing’s Dellarocca: Advisors Lack Time to Deal With Time Management

  By John Sullivan, AdvisorOne  |  April 11, 2013

  Advisors would like to fire an average of 13% of their clients, Pershing's Kim Dellarocca says. Maybe they should.

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  Best Advisor Firms Ranked by Advisors: J.D. Power 2013 Satisfaction Survey

  By Janet Levaux, AdvisorOne  |  April 11, 2013

  Over the past 12 months, only one of the four wirehouses showed a significant drop in advisor satisfaction.

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  ING U.S. to Rename Itself Voya Financial as IPO Progresses

  By James J. Green, AdvisorOne  |  April 11, 2013

  The rebranding is designed to highlight ING’s U.S. operations as “America’s retirement company”; ING Financial Partners BD will be renamed as well.

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  Florida’s Notice-Filing Legislation Affects Advisors Nationwide

  By John Sullivan, AdvisorOne  |  April 10, 2013

  Traditionally, financial services firms would have to close pending approval of a notice filing for actions such as changing BDs or moving offices.

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  We’re in an Extended Bull Market, So Get Used to It: Tiburon CEO Summit

  By Joyce Hanson, AdvisorOne  |  April 9, 2013

  Tiburon CEO Summit host Chip Roame pointed out advisor trends and opportunities after stock strategists Richard Bernstein and Bob Doll spelled out why we’re in a long-running bull market.

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  Recruiting Roundup: Baird Grabs Wells FAs, UBS Branch Manager; Royal Adds 2 Indie Groups

  By Janet Levaux, AdvisorOne  |  April 9, 2013

  The new Baird group has about $770 million in client assets, and the new Royal Alliance-affiliated reps have more than $400 million.

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  Going Indie? Afraid of Losing Clients? Don’t Be

  By Joyce Hanson, AdvisorOne  |  April 9, 2013

  Despite fears they might lose clients when going independent, 79% of advisors who switched to the indie model in the last two years say most clients stuck by their side, Schwab Advisor Services reported Tuesday.

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  FINRA’s Ketchum: Complex Products Still Need ‘Heightened Supervision’

  By Melanie Waddell, AdvisorOne  |  April 9, 2013

  During the SEC's National Compliance Outreach Program for Broker-Dealers, Ketchum pointed to three areas that FINRA was focusing on.

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  LPL Names Russell’s Parker to Lead Investment and Planning Solutions

  By John Sullivan, AdvisorOne  |  April 9, 2013

  Parker will be based in San Diego and report to Robert Moore, the firm’s president of advisor and institution solutions.