Shares of LPLA were trading Monday morning close to $370 for an increase of 918% in 15 years.
"They had to change their name," a business professor told CNBC.com. "Their old name had negative value to it."
“I’m still skeptical about cryptocurrency and Bitcoin,” said one senior industry executive. “What’s underlying it?”
Switching clients’ mutual funds is well-established industry practice to generate commissions charged to clients.
Robert Swagger told clients he was investing their money into a streaming company for faith and family-friendly media projects.
GWG Holdings and its bond issuance have been at the center of bankruptcy, litigation, and more. This is InvestmentNews' complete coverage.
A.G. Morgan Financial Advisors and two executives recently lost four FINRA arbitration cases brought by their clients.
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."
Meanwhile, UBS to lay off 58 in New Jersey early next year.
Move over Dave Ramsey. Here come Kingdom Advisors.
