The CFTC alleges Brian Mitchell guaranteed investors 6-10% monthly returns while barred from the industry.
After a multi-state court fight and allegations he was "phased out of work" for younger advisors, Glenn Frank and Hightower told an Illinois federal judge they’ve reached the framework of a settlement.
The father-son duo, including a US Navy veteran with more than three decades of industry experience, is joining RayJay's independent advisor unit in Virginia.
The world's largest asset manager, which manages three of the city's pension funds, is on thin ice after allegedly falling short in its climate engagement efforts.
The Labor Department's decision to abandon the Retirement Security Rule likely ends years of litigation, signaling a pivot away from expanded protections for retirement rollovers.
Conference Board index sinks in November, signaling growing anxiety over jobs, prices, and politics.
Deal reflects trend towards tighter focus on advisor expansion rather than burden of IBD model
Lack of awareness among departing employees has left $28 billion in retirement savings languishing in safe-harbor IRAs, suggests a new survey.
Edelman claims a departing advisor emailed clients about the RIA's “fourth CEO transition in seven years” to sway them toward Prime Capital as part of an alleged poaching strategy that continues today.
M Holdings' failure to maintain written policies led to a third-party breach that compromised multiple email accounts and impacted 8.500 individuals, according to the regulator.
A.G. Morgan Financial Advisors and two executives recently lost four FINRA arbitration cases brought by their clients.
Women in the US are facing greater financial and career pressures compared to their male peers, according to two new surveys.
The consolidating RIA market is prone to "outdated ADV disclosures to billing errors and supervision lapses," compliance consultant Kaitlyn Wulfken says, as the SEC flags M&A.
When reached for comment, Blue Owl co-president Craig Packer wrote to InvestmentNews: "The assertion that the merger is currently being considered for revival is false."
The veteran advisors are bringing $350 million in assets and decades of experience to the giant hybrid RIA in the East Coast.
The fintech provider argues federal and state regulatory guidance, plan sponsors, and retirement advisors all support the case for encrypted credentialing as an alternative to APIs.
Even with continued profits in private markets, report projects just two-fifths of firms are set to thrive by 2030 amid chronic cost challenges.
Seasoned veterans positioned to drive growth in increasingly competitive industry.
Meanwhile, UBS to lay off 58 in New Jersey early next year.
Merit president Kay Lynn Mayhue told InvestmentNews that Chicago will scale into “a $10 billion city within short order,” as ex-Commonwealth team Blueprint Wealth Advisors starts its Windy City presence.
