After getting broker-dealers like LPL Financial to sign selling agreements, asset manager Cole Capital expects to raise $3.1 billion this year for American Realty Capital Properties.
Morgan Stanley loses Finra arbitration dispute to Banco Nacional de Mexico SA, the Mexican bank known as Banamex.
Net revenue per adviser up 14%, reaches $468,000
Sunset Financial Services has 268 affiliated reps and $2.4 billion in client assets.
Analysts highlight the leading IBD's string of regulatory issues
Matthew Bell has checkered history in securities industry.
American Spectrum Advisors, the adviser to the American Spectrum REIT I Inc., this month offered to buy 1.6 million shares of the moribund REIT for $1.25 per share. The shares were originally sold for $10 per share.
New rules proposed by Finra will make fees more transparent, but could result in lower upfront commissions for brokers, Bruce Kelly reports.
Phillips Edison-ARC Shopping Center REIT Inc. has hired advisers to evaluate alternatives.
LPL is losing one of its leading recruiters, in the wake of three other recruiters resigning in the past year and a half.
