Two industry observers question the benefits of how the deal is structured.
Open to Fidelity's custody clients, advisers will have access to an online portal, one-on-one coaching and peer learning opportunities.
Nuts-and-bolts improvements for firm's 14,000 advisers stressed.
Company cites market volatility and financial uncertainty as factors for pay freeze.
It's part of an industry sweep that targeted firms with an above-average number of reps with current misconduct reports on their records.
Complaint naming Jackie Wadsworth, CEO of IMS Securities, centers around sale of VAs and real estate securities.
Mark Tauzin was suspended for eight months from any Finra-registered broker-dealer, fined $20,000 and required to pay $205,000 plus interest to 14 sets of clients.
Online brokerage said to attract interest from rival TD Ameritrade.
Finra has been unable to find a way to ensure investors get paid what they are owed.
The adviser and radio show host had challenged the right of the SEC to use administrative law judges to hear cases such as his.
