Michael Ezzell resigned on Thursday after months of turmoil at the REIT specialist. He is the latest in a number of Cole personnel to leave the firm.
Broker-dealer built by Nicholas Schorsch nearly doubled first-quarter loss from a year ago, thanks to weakness in the wholesale distribution of investment products.
$150 million acquisition adds about 730 advisers and independent reps managing more than $20 billion in client assets to the St. Louis firm run by Ron Kruszewski.
Information will help advisers evaluate current offerings in $20 billion industry.
Completes purchase of Girard Securities, the second independent broker-dealer acquisition in as many weeks
New share class dubbed a “T share” cuts upfront commission brokers are paid but creates an annual trailing commission.
Despite lackluster sales of commission-rich products, 2014 revenues grew in line with the broad market. What does 2015 have in store? </br><b><i>(Plus: <a href="//www.investmentnews.com/section/specialreport/20150426/IBD042015"" target=""_blank"" rel="noopener noreferrer">Our full Top Independent B-Ds of 2015 special report</a>)</b></i>
Regulator charges Kimberly Springsteen-Abbott with misusing investors funds, fines her $100,000.
The $1.15 billion deal brings in 6,600 reps and four B-Ds under the RCAP umbrella.
CEO Mark Casady takes biggest hit; $1.5M bonus is down 41% from previous year
