Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.
The giant clearing and custody firm doesn't want to ruffle any feathers of select clients, one executive said.
Counting advisor moves in and out of firms requires some art as well as science.
Blue Anchor Capital Management and Pickett also purchased "highly aggressive and volatile" securities, according to the order.
Meanwhile, the bank is also investing in technology for its financial advisors in the United States.
The brokerage industry regulator once again takes a stab at updating rules for independent brokers with other businesses and jobs
Miles Marshall was "the proverbial big fish in a small pond," according to one attorney.
However, in its note, Citi Research did not cite a direct competitor making inroads in hiring Commonwealth advisors.
Financial advisors live in fear of a large firm dirtying their work histories after they leave a firm.
LifeMark Securities has faced scrutiny in the past for its sales of GWG L bonds.
