by
Dan Jamieson
The independent broker-dealer landscape was transformed Thursday when Nick Schorsch’s RCS Capital Corporation announced it had agreed to acquire Cetera Financial Group for $1.15 billion.
by
Dan Jamieson
Edward D. Jones & Co. LP has agreed to pay a $200,000 fine and $52,000 in customer restitution in settling a Finra case alleging improper sales of non-traditional ETFs.
by
Dan Jamieson
A former Morgan Stanley advisor is suing the firm, claiming he was illegally fired after winning an elected seat on his county’s board of supervisors.
by
Dan Jamieson
AssetMark's chairman, Charles Goldman, has switched roles to become chief executive of the turnkey asset management platform.
by
Dan Jamieson
Stifel Nicolaus and Century Securities Associates agreed to pay $550,000 in fines and $475,000 in restitution to 65 customers in settling Finra charges over the sale of leveraged and inverse ETFs.
by
Dan Jamieson
The new year brings a nice gift to the equity mutual funds: five-year performance figures that no longer include 2008's brutal 38.5 percent loss in the S&P 500.
by
Dan Jamieson
Finra today released its annual list of exam priorities for 2014, which includes a new focus on rogue brokers and proprietary product sales.
by Dan Jamieson
LPL will have to walk a tightrope with its plans to offer an outsourced compliance consulting service to affiliated RIA firms.
by Dan Jamieson and Dorothy Hinchcliff
Finra is considering a controversial, new system that would allow it to run analytics on broker-dealer customer accounts to identify sales and business misconduct "red flags."
by
Dan Jamieson
Prepare for some messy family brawls and disloyal kids as you plan to capture the next generation of wealthy clients, according to several top advisors.
