Larry Lof began his transition out of the financial planning and investment advice business last year when he sold half his firm to his associate, Chris Lopez.
In a move that highlights regulators' concerns with nontraded real estate investment trusts, Wells REIT II told investors last week that the new estimated value per share is $7.47
An eye-opening analysis of the “distributions” of nontraded REITs sold exclusively by David Lerner Associates Inc. shows that the REITs' property investments largely underperformed the level required to pay promised dividends to investors
Morningstar Inc. is gauging the interest of brokerage firms and financial advisers in research coverage of nontraded real estate investment trusts
Having hit bottom, high-end hotels and industrial properties should thrive
Finra continues to focus on nontraded real estate investment trusts
As sponsors of nontraded real estate investment trusts continue their full-court press on sales, some independent broker-dealers are dialing back their level of risk and have cut back, or are considering reducing, the number of REIT products they allow their representatives to sell
Firm says that's the potential loss if it has to buy back auction-rate securities at this time; investigations pending
A former LPL Financial LLC financial adviser is suing the firm, alleging that the largest independent broker-dealer wrongfully fired him, and in turn defamed his reputation, for running a TV commercial that urged viewers to buy guns
Shorris signs on with indie B-D; 'invaluable addition'
