Newfangled private placements called DSTs offer some improvements to TICs, many of which backfired during the financial crisis, but DSTs still carry high costs and are illiquid. Bruce Kelly has the story.
Real estate tycoon's B-D has "exclusivity agreement" to negotiate with one firm, according to SEC filing.
Large shareholder of National Holdings urges firm to take advantage of 'window of opportunity'
Broker-dealer had sought a new chief since Pat McEvoy resigned in December.
$1.15 billion acquisition, announced in January, expected to close in the next several days.
In a good sign for the industry, recruiting came roaring back in the third quarter for LPL Financial, which added 154 net new registered reps and advisers. CEO Mark Casady says recruits came 'from all over.'
Joins Cetera CEO Valerie Brown in ranks of women running top broker-dealer networks.
Larry Roth splits Advisor Group to join Nick Schorsch's B-D, marking the latest step in American Realty Capital's expansion beyond nontraded REITs. Bruce Kelly has the story.
Four top officials of DBSI — one of the big-three private placement firms — have been charged with fraud. Bruce Kelly supplies the details.
Independent broker-dealer Berthel Fisher & Co. Financial Services Inc. scored a victory this month in an arbitration over an investor seeking $934,000 in restitution for investing in a real estate deal involving an office building in Minnesota.
