Bad VA switches were supposed to be a thing of the past, but the independent broker-dealer industry should take heed of this fine.
Forget 10%, the firm's new business development company has a hard cap on fees and commissions at 8.95% of gross offering proceeds.
The firm is selling a majority stake of NFP Advisor Services to funds managed by private equity shop Stone Point Capital.
First-quarter profit nearly double what the company posted in the previous quarter.
WestPark Capital CEO Richard Rappaport says Newport Coast Securities is closing and that he is being selective in who he hires from the broker-dealer.
The adviser-owned independent broker-dealer is in “serious discussions” to be acquired by a larger firm, with LPL, Cambridge, and others as potential suitors.
Conservatives and liberals alike have stepped up criticism of the brokerage industry regulator.
Robert A. Stanger & Co. critical of proxies firm has sent out in preparation for possible consolidations.
Decision paves way for its biggest asset, Cetera Financial Group, to emerge as a privately held company.
Robert Froehlich says fact that both acquiring REIT and REIT being acquired have same CFO is a 'manifest conflict of interest.'
