Some industry experts greeted the higher values of nontraded real estate investment trusts with a degree of skepticism, pointing to an overall problem in valuing REITs.
Consolidation among independent broker-dealers is inevitable, according to Cetera Financial Group chief executive Valerie Brown, and the inability or unwillingness of firms to stay open is benefiting her firm.
Stop us if you've heard this one before: Another B-D that sold Provident private placements has ceased operations.
