by
Ray Fazzi
Independent broker-dealer Securities America has added
USAdvisors Network LLC of Eden Prairie, Minn, to its network of branch offices.
by
Ray Fazzi
New York State Attorney General Andrew Cuomo has sued Charles Schwab & Co., alleging the company
failed to disclose the risks of auction-rate securities to its clients.
by
Jeff Schlegel
The Financial Industry Regulatory Authority (FINRA) today said it
barred an Ohio broker from the securities industry for misappropriating
a $90,000 inheritance from two sisters.
by
Dorothy Hinchcliff
Bank of America has agreed to pay $33 million to settle SEC charges that it misled investors
about $5 billion in bonuses that were being paid to Merrill Lynch executives when the bank bought it.
by
Ray Fazzi
Alexandra Armstrong, an early pioneer of the financial planning
movement, has affiliated with
Commonwealth Financial Network.
by
Eric Rasmussen
RIA or IAR? The anagram you choose will depend on how big you are and how independent you want to be.
by
Dorothy Hinchcliff
FINRA has fined five bank
broker-dealers a total of $1.65 million for deficient supervision and
procedures involving variable annuity, mutual fund or unit
investment trust transactions.
by
Dorothy Hinchcliff
Morgan Stanley and TD Ameritrade were among the companies recently
cited in enforcement actions by the U.S. Securities and Exchange
Commission.
by
Dorothy Hinchcliff
Edward Jones ranked highest in investor satisfaction among full-service
investment firms, according to an annual survey released Tuesday by
J.D. Power and Associates.
by
Dorothy Hinchcliff
Charles Schwab & Co. Inc. says allegations by New York Attorney
General Andrew Cuomo that its brokers improperly sold and marketed
auction-rate securities are without merit and are unfair.
by
Ray Fazzi
Ameriprise Financial has settled charges
that it received millions of dollars in undisclosed incentive payments
to sell certain REITs to its brokerage customers, according to the SEC.
by Jeff Schlegel
The economic crisis has wreaked havoc on wirehouses, and more advisors are looking for new opportunities.
Genworth Enhances Investment Management Platform
Genworth Financial Wealth Management is enhancing its investment management platform to help advisors through the current...
by
Dorothy Hinchcliff
A broker-dealer's former chief operating officer is seeking $5 million in compensation for
work he says he did for the subsidiary and for breach of contract.
by
Dorothy Hinchcliff
A report released Monday by TowerGroup predicts FINRA audits of registered investment advisors, which
in turn would mean higher compliance costs for RIA firms.
by David J. Drucker
B-Ds unveil new programs to help advisors survive the recession.
Fidelity Benchmarks Technology Use
Fidelity Investments is launching a Technology Benchmark Evaluator to help registered investment advisors benchmark their use and...
The turbulence sweeping the financial services industry is triggering explosive recruiting growth at LPL Financial.
Tool Combines Outlook With Planning
AdviceAmerica, based in Fremont, Calif...
